ONDC
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ONDC expands reach: Beta version of digital commerce platform goes live in five new Indian cities
The Indian government-backed Open Network for Digital Commerce (ONDC) revealed on Wednesday, July 5th, that it has expanded its reach to five additional cities....
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...
Zomato aims to boost food orders; allows users to order food from multiple restaurants at same time
In an effort to streamline the food ordering process and capture a larger market share, Zomato, the popular food app, has unveiled a new...
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...
ONDC introduces fully automated grievance redressal system and plans online resolution mechanism to enhance services
ONDC, the government-promoted Open Network for Digital Commerce, is making significant strides in enhancing its service offerings. T Koshy, the CEO of ONDC, announced...
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...
Marico’s Saffola store takes a giant leap with ONDC integration
Marico Limited, one of the major players in the FMCG sector, has taken a significant step by integrating its Saffola store with the Open...
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...