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ONDC NETWORK FEE
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...- Vibhor Jain appointed CEO and MD of ONDCVibhor Jain has been appointed as the new MD and CEO of ONDC, effective April 7, after serving as acting CEO. He aims to deepen the value O...
- Taking cue from India, Indonesia adopts Open Digital NetworkIndonesia has launched its own digital commerce network, the Indonesia Open Network or ION. This initiative draws inspiration from India's ...
- ONDC’s FY25 loss narrows to Rs 147 crore even as expenses stay high, revenue more than doublesDespite the sharp topline growth, ONDC remains in the red. The net loss narrowed to Rs 147.13 crore in FY25 from Rs 195.6 crore in the prev...
- 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 delays levying network fee again on stakeholder feedbackONDC has postponed its planned network fee for seller apps to July 1, following stakeholder feedback. Initially set for January, the Rs 1.5...
- ONDC postpones network charges implementationONDC had first announced on December 3, 2024, that it would levy a network fee of Rs 1.5 excluding taxes on seller apps for every successfu...
- Ola to go live pan-India soon on ONDC in F&B categoryOla will soon offer food and beverages throughout India on ONDC. Uber is considering joining ONDC for transit and bus services. ONDC aims t...
- ONDC cuts financial incentives for network participants ahead of levying network feeThe open ecommerce network, which offered up to Rs 3 crore in July and Rs 2.5 crore in August as financial incentive per network participan...
- 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...
- CBDT clarifies applicability of TDS liability for online retailers on ONDCAs per the FAQ issued by the Central Board of Direct Taxes (CBDT), a 1% TDS will have to be deducted from the gross sale amount after inclu...
- ONDC to launch revised incentive structure from June 1Under the new scheme, the maximum discount that can be offered per order has been limited to Rs 100, compared to Rs 125 earlier. Further, t...
- ONDC may levy two kinds of fees to meet costs: CBOThe Open Network for Digital Commerce (ONDC) plans to levy two kinds of fees to meet its costs in the long run, the non-profit company’s ch...
- ONDC not close to shaking up online food-delivery industry: ReportInvestment banking firm JM Financial in a report said the current commissions charged by network participants are not sustainable.
- ONDC has potential to dilute market concentrationPlatform fees for food delivery using ONDC are being reported at a fifth of those charged by the market leaders. This is a considerable red...
- ONDC is actively engaging with brands, says DIF head Arvind GuptaA Publicis Groupe’s report on ONDC said more than two million retailers will be enabled with ecommerce, over 250 million buyers will be abl...
- ONDC framing rules on personal info protection, grievance resolution for network participantsThe policy, which includes different chapters, has already framed rules on issues like branding guidelines, code of conduct and ethics, bus...
- ONDC starts beta testing with consumers in 16 pin codes of BengaluruThe objective of the beta test is to allow consumers to experience the network for the first time and gather feedback which will help furth...
- Onboarding Flipkart, Amazon may provide ONDC scale and credibility: reportOnboarding some of the larger incumbents early might actually provide ONDC the much-needed scale as well as credibility with buyers and sel...
- ONDC charts new strategy as it races against time to meet deadlineONDC, the government-backed e-commerce platform, has put in place both a horizontal as well as a vertical growth strategy to scale up. Curr...
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