ONDC IMPLEMENTATION
National Traders’ Welfare Board pushes centralised loan portal, faster MSME credit
The Board called for stronger coordination between the Centre and states to address issues faced by traders and improve the implementation of welfare and business-related measures.
DTC to deploy AI system for real-time tracking of 6,000+ buses, predict delays and improve services
Delhi's public bus network is set for a significant technology upgrade. An AI-enabled Bus Management System will track over six thousand buses in real time. This system aims to improve services for nearly forty lakh daily passengers. It will monitor bus movement, speed, and operational performance closely. The upgrade will also enhance passenger information and electric bus operations.
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capital
While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies has injected Rs 30 crore into the government-backed digital commerce entity.
Vibhor Jain appointed CEO and MD of ONDC
Vibhor 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 ONDC creates for various stakeholders, including farmers, artisans, and small businesses. The government-backed open ecommerce network also reported a significant revenue surge and welcomed new key leadership appointments.
ONDC delays levying network fee again on stakeholder feedback
ONDC has postponed its planned network fee for seller apps to July 1, following stakeholder feedback. Initially set for January, the Rs 1.50 per transaction fee aims to fund infrastructure and services. The delay allows participants time to adapt, reflecting ONDC’s evolving approach and commitment to sustainable operations.
ONDC postpones network charges implementation
ONDC 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 successful transaction where the total transaction value exceeds Rs 250 after discounts and taxes. It had told network participants in an email that the fee had been carefully calibrated to sustain the infrastructure and critical network services.
FollowG integrates with ONDC network for electronics category
FollowG has launched an AI-powered app for the Open Network for Digital Commerce (ONDC), aiding small and medium-sized electronics retailers by connecting them with nationwide buyers. The platform offers B2B applications, a cloud-based ERP system, and retailer credit to streamline operations and enhance profitability.
ONDC appoints RS Sharma as non-executive chairperson
RS Sharma is widely recognised as one of the foremost experts globally in the development and implementation of Digital Public Infrastructure projects. He was instrumental in laying the foundations of Aadhaar, which has been pivotal in India’s digital revolution.
Former Trai chief RS Sharma becomes ONDC chairperson
RS Sharma, former TRAI chief and NHA CEO, has been appointed as the non-executive chairperson of the Open Network for Digital Commerce (ONDC). The ONDC aims to digitize the value chain and promote open networks. Sharma's extensive experience in IT and administrative reforms is expected to boost open commerce between entities.
Trade marketing scheme soon to assist small companies board ONDC
The government's Trade Enablement & Marketing (TEAM) scheme will support micro and small enterprises (MSE) in leveraging the Open Network for Digital Commerce (ONDC) for e-commerce growth, with benefits like reduced commissions and inclusive protocols.
In a first, fair price shops onboarded on ONDC
Sanjeev Chopra, Secretary of the Department of Food and Public Distribution, launched a pilot program to onboard fair price shops (FPSs) in Una and Hamirpur districts of Himachal Pradesh onto the Open Network Digital Commerce (ONDC), as part of the Digital India initiative. The virtual launch included 11 FPSs, marking the first time such shops have been onboarded on the ONDC platform.
Google to launch accelerator programme for ONDC
Grannis was speaking on the sidelines of the Google I/O Connect, a first such developers conference in Bengaluru by the company on Wednesday.
Plotch partners with Google Cloud to help ONDC network integration
Called Nodebox, the solution is powered by Google Cloud’s open source solution and bundled with Google Cloud infrastructure.
Hand holding states, government sellers to integrate with ONDC: DPIIT Joint Secretary
"This will unlock value in the huge B2B (business-to-business) market by increasing access and discoverability of various businesses across the network. "As we look forward to the integration of credit in the ONDC, the business can hugely benefit from the open network ecosystem by being a part of the ONDC," he said here at a function - 'B2B Unlocked'.
ONDC to sign MoU with MP government on Tuesday
Other aspects of the MoU involves onboarding existing private players with digital platforms to increase local adoption, sprint programming and software development events such as a hackathon, state government nominating a department and a senior functionary to coordinate with ONDC.
ONDC to start beta-testing with public users
Since the alpha launch in five cities in April, ONDC has been testing with a closed user group for end to end execution to understand their fulfillment.
Govt’s open ecommerce network not as easy to execute as UPI: Jefferies
Equity research firm Jefferies said in a recent report that compared to ONDC, the issues that the digital payments railroad, Unified Payments Interface (UPI), had faced were simpler.
With NABARD's help, ONDC can onboard the entire Indian farm value chain including mandis: Piyush Goyal
Goyal was speaking virtually at the launch of a three-day Grand Hackathon of ONDC and NABARD where early stage startups will participate and solve two problem statements to bring ecommerce to agri tech.
ONDC can onboard entire farm value chain: Piyush Goyal
Goyal was speaking virtually at the launch of a three-day grand Hackathon of ONDC and Nabard where early-stage startups will participate in solving problems for bringing ecommerce to agriculture technology. Winners stand to get rewards worth ₹1.2 crore at the Hackathon.
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