Wednesday, December 25, 2024

ONDC

PhonePe’s Pincode app expands to 10 cities, demonstrating strong growth on ONDC

Pincode, PhonePe's dedicated app for the Open Network for Digital Commerce (ONDC), has made significant strides in its expansion. Following a successful launch in...

SPAR Hypermarket joins ONDC, expands reach and accessibility for customers

SPAR Hypermarket, a subsidiary of the multinational conglomerate Landmark Group, made an official announcement on Tuesday via a media release stating its membership in...

Invesco maintains confidence in Swiggy, holds valuation steady at $5.5 Billion

Invesco, the Atlanta-based investment firm, has maintained the valuation of the Indian foodtech giant Swiggy at $5.5 billion as of April 30, 2023, as...

Dunzo4Business to extend operations, eyes entry into 10-15 new cities in the coming months

Dunzo4Business, the logistics arm of Dunzo supported by Reliance Retail, has revealed its strategic plan for expansion. A senior company official has stated that...

Magicpin’s explosive growth on ONDC network: Surpasses 30,000 daily orders and achieves 50% month-on-month growth

Magicpin, a hyperlocal e-commerce firm, announced on Friday that it has achieved a remarkable milestone on the government-supported ONDC network. The company has recorded...

ONDC experiences remarkable surge in retail orders, crosses 30,000 milestone despite reduced incentives

According to insiders, the Open Network for Digital Commerce (ONDC) witnessed a significant surge in retail orders last weekend, reaching an impressive milestone of...

ONDC revamps incentive structure, imposes INR 100 limit on discounts for participants

The Open Network for Digital Commerce (ONDC) recently updated its incentive scheme for network participants, aiming to reduce reliance on discounts as a means...

Zomato CFO acknowledges rising competition, expresses openness to embrace innovations in food delivery market

Recognizing the escalating competition in the food and grocery delivery market with the emergence of the government-backed Open Network for Digital Commerce (ONDC), Zomato...

Take charge of your business: NRAI advises restaurants to embrace ONDC platform

During a recent townhall meeting, the National Restaurant Association of India (NRAI) reiterated its advice to members, stating that "Control is back in your...

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