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SNAPDEAL ON ONDC
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...- Plotch becomes first technology platform to process over 10 million transactions on ONDC Network using AIPlotch's client roster includes Snapdeal, Ola, Meesho, and Bluestar and it has witnessed a 1000 times increase in transaction volume over t...
- Surat to Jammu, diverse customer profiles coming through ONDC: Snapdeal’s Himanshu ChakrawartiSnapdeal’s focus on value e-commerce appears to be doing well with its collaboration with ONDC as it sees a majority of customers from smal...
- Government push to help ONDC get shopfront on ecommerce sitesThe Centre has asked Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their home pages to help the gov...
- Bubble tea brand Boba Bhai raises Rs 12.5 crore from Titan Capital, othersBoba Bhai, a quick-service restaurant (QSR) brand specialising in bubble tea and other food items, said it will use the capital for its pla...
- Binny Bansal, CaratLane’s Sacheti back Xeed Ventures; decoding fintech’s AMC bizXeed Ventures, an early-stage fund run by Sailesh Tulshan, which was formerly known as 021 Capital, has also roped in Premji Invest as an L...
- ONDC’s one-year journey touching the 50-million transactions markGovernment-backed ONDC facilitated 49.79M transactions. Namma Yatri dominates mobility orders. Top brands onboarded: Wow Momo, McDonalds, D...
- 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...
- ONDC crosses record 5.5 million transactions in DecemberOf the 5.5 million transactions made via ONDC in December, 3.4 million (63%) were in the mobility category while two million (37%) were in ...
- ONDC can’t scale up using discounts: CEO Thampy KoshyONDC MD & CEO T Koshy speaks to TOI about the growth strategy, big e-commerce firms joining the network. Excerpts:
- ONDC can’t scale up using discounts: CEO T KoshyONDC, which has spent a few crores of rupees on discounts, believes the network cannot scale up on doles and they will be discontinued afte...
- ONDC gearing up for next phase of growth, formal launch this year: OfficialCommerce and industry minister Piyush Goyal held a meeting this week to take stock of the progress of ONDC. ONDC has been touted as a Unifi...
- Amazon to integrate its last-mile delivery infra with ONDCAmazon has over 11 lakh sellers with more than 50% from tier 2 cities. The company also plans to digitise one crore small businesses by 202...
- Unburdening the judiciary: Legal tech firms step in to resolve prolonged disputesLegal tech firms are helping government bodies as well as enterprises quickly resolve disputes online, which may potentially reduce workloa...
- 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...
- Delhivery net loss more than triples in Q1, Microsoft joins ONDCDelhivery, which went public in May, has reported a net loss of Rs 399 crore for the quarter ending June 30, more than tripling the Rs 130 ...
- 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...
- SoftBank, Sequoia, other VCs push ONDC to portfolio firmsThe Indian Venture Capital Association (IVCA) also recently held a meeting with the ONDC team to understand how various startups could coll...
- Snapdeal's launch on ONDC next month to cover more than 2,500 cities and townsAt the time of launch, more than 2,500 cities and towns across the country will be enabled for access and more cities and towns will be add...
- Does India have an answer to Elon Musk? Well, Kunal Bahl certainly thinks so ...The Snapdeal boss believes India’s equivalent to Elon Musk has impacted billions of people positively.
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