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ONDC RS SHARMA
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...- ONDC mulls subsidy comeback amid slowdown in food deliveryThe move, if implemented, will allow firms such as Magicpin, Paytm, Ola Consumer and Waayu to use the ONDC incentives to offer discounts to...
- ONDC independent director Arvind Gupta quitsThe departure of Gupta last month follows the exits of senior executives like managing director and chief executive Thampy Koshy; non-execu...
- ONDC CEO Thampy Koshy steps down after three years; executive committee to lead network in the interimKoshy has been MD and CEO since the network's inception in February 2022. Before the ONDC stint, he was an advisor and partner at EY for ar...
- ONDC retail order numbers decline as financial incentives fadeONDC initially provided financial incentives to onboard sellers, drive transactions, and fund customer discounts and offers. However, it ha...
- RS Sharma steps down as ONDC non-executive chairpersonRam Sewak Sharma stepped down as non-executive chairperson of Open Network for Digital Commerce (ONDC) due to personal reasons. He remains ...
- PLI schemes brought in Rs 1.25 lakh crore investment: PM ModiPrime Minister Modi announced significant investments from PLI schemes at the Rising Rajasthan Summit. The schemes have attracted ₹1.25 lak...
- Magicpin records 15x order growth on ONDC network in 15 months, crosses 1.5 lakh daily orders"In about 1.5 years, we have double-digit market share in major cities, with more than 10 per cent market share in key markets like Delhi o...
- ONDC appoints RS Sharma as non-executive chairpersonRS Sharma is widely recognised as one of the foremost experts globally in the development and implementation of Digital Public Infrastructu...
- Former Trai chief RS Sharma becomes ONDC chairpersonRS Sharma, former TRAI chief and NHA CEO, has been appointed as the non-executive chairperson of the Open Network for Digital Commerce (OND...
- Digital Competition Bill update; edtech consolidatesHappy Friday! The Centre is likely to go for another round of inter-ministerial consultations on the draft of the Digital Competition Bill....
- Budget 2024: ONDC and more on e-commerce's cart for Nirmala SitharamanBudget 2024: Finance Minister Nirmala Sitharaman will present Budget 2024 on July 23, outlining Modi's third term roadmap. The e-commerce s...
- Is ONDC’s gamble paying off?The ambitious project has gained visible traction through the past year. But what are the challenges that must be addressed before it truly...
- Magicpin food delivery order doubles to 10 lakh on ONDC during World CupMagicpin said that it delivered 35,000 food orders during the India versus Pakistan match on October 14. The orders peaked at 50,000 on a s...
- Magicpin to provide tomato for Rs 50 per kg at select ONDC platformsNational Cooperative Consumers Federation (NCCF) and NAFED have substantially increased the quantity of tomato supplied to the retail consu...
- Ola’s losses widen, revenue doubles; Zerodha allocates Rs 1,000 crore to fund startupsBhavish Aggarwal's Ola finally disclosed its financials for FY22 after a year-long delay. This and more in today’s ETtech Top 5.
- Magicpin completes 1,000 orders of tomatoes at Rs 70/kg within two daysOffline fashion discovery and savings platform Magicpin has delivered over 1000 orders of tomatoes at Rs 70 per kg across 90 pincodes acros...
- Exclusive: NPCI to pick up stake in ONDC; gaming firms want ‘light touch’ rulesThe National Payments Corporation of India, which operates UPI, is set to acquire a 9-10% stake in ONDC in the next 10 days or so.
- Quality Council of India sets up team of experts to execute proposed ONDC projectThe DPIIT has initiated this project, which aims to democratise digital or electronic commerce, moving it from a platform-centric model to ...
- ONDC to end e-commerce monopolistic practices, ensure data privacy: Piyush Goyal"Goyal deliberated with the members of the advisory council & experts on how the initiative will democratise digital commerce and move it f...
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