ONDC NETWORK
How intelligent commerce is shaping the next frontier of merchant payments
For a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers’ behalf.
CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%
CDSL reported a 24% year-on-year rise in Q2 net profit to Rs 173 crore, while revenue grew 23.7% to Rs 395 crore. EBITDA margin expanded to 58%. The depository opened around 75 lakh new demat accounts during the quarter, taking assets under custody beyond Rs 89 lakh crore.
Open digital infra has critical role to play in accelerating digitalisation of retail sector: DPIIT Secretary
ONDC (Open Network for Digital Commerce) DigiDukaan addresses procurement by digitising kiranas as buyers. Through a single digital interface, retailers can discover and order products across multiple brands, distributors and wholesalers, with greater visibility into pricing, trade schemes and product availability.
Reinventing the pond: How this Bengal start-up is helping fish farmers battle climate and credit crisis
At a time when climate change is impacting world resources, including the aquatic system, Jalpaiguri’s Essential Aquatech is working to empower smallholder fish farmers by turning data into actionable insights and measures.
Women entrepreneurs can power Asia’s digital trade boom
Women entrepreneurs across Asia are increasingly turning to digital trade, enabling them to reach markets far beyond their local confines. This transition allows them to bypass traditional mobility challenges and limited funding opportunities. A variety of initiatives are in place to bolster women-led enterprises through training and improved financial access.
AI was everywhere at GFF 2026. Full automation was not
Global Fintech Fest 2026 highlighted agentic AI's practical integration within the BFSI sector. Automation will handle basic tasks, but humans will retain final decision-making authority. Companies are focusing on specialised AI models and optimizing compute power for cost efficiency. Job roles are evolving, with a continued emphasis on hiring and upskilling employees.
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Apple Pay’s India launch shows how RBI’s outcome-based regulation lets technology evolve
Apple Pay was launched in India after significant regulatory developments by the Reserve Bank of India. This new payment option allows users to pay securely without needing an OTP, which can facilitate fraud. The RBI has shifted towards regulating outcomes rather than prescribing specific technologies for digital payments. While Apple Pay currently does not support RuPay or UPI, it shows how regulation can foster innovation.
Be agent provocateur: India's internet needs an AI makeover
As India's digital ecosystem experiences rapid transformation, it is imperative to enhance support for the growing presence of AI agents in business and services. By tackling the obstacles within the navigational framework, costs for these agents can be significantly lowered. Revamping e-commerce catalogs and improving data availability will optimize purchase processes.
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.
India’s FDI equity inflows rise 6% to $19.8 billion in Q1FY27; Japan tops, US plunges 76%
India’s FDI equity inflows rose 6% to $19.81 billion in April-June FY27, led by Japan at $5.7 billion, while US inflows fell 76% to $1.34 billion. Total FDI including reinvested earnings stood at $30.6 billion. Tamil Nadu attracted the most investment at $5.9 billion, followed by Maharashtra.
'India moved from manufacture for India to manufacture for the world': Piyush Goyal on 12 years of 'Make in India'
India has transitioned from manufacturing primarily for its domestic market to competing in global markets. The Make in India initiative, launched in 2014, aims to boost manufacturing capacity and attract foreign investments. Recent data reveals record foreign direct investment inflows and significant job creation through production incentives. Additionally, the focus will shift towards enhancing India's role in global production and supply chains.
India records highest-ever FDI of $94.53 billion in FY26, inflows since 2014 reach $843 billion: Piyush Goyal
India achieved its highest-ever annual Foreign Direct Investment of USD 94.53 billion in FY 2025-26. Cumulative FDI inflows from FY 2014-15 to FY 2025-26 reached USD 843 billion. The Production Linked Incentive schemes have attracted significant investments and generated millions of jobs. Key sectors benefited include electronics, pharmaceuticals, and IT hardware as outlined by the Commerce and Industry Minister.
Why the next AI race is about outcomes: Experts Weigh in on the future of AI
Businesses are adjusting their artificial intelligence strategies to prioritize measurable impacts and self-sufficient decision-making. The rise of agentic AI demands innovative pricing frameworks tied to delivered value and achieved results. Causal AI enhances understanding of the factors influencing outcomes and alternative pathways. Emphasizing decentralized AI innovation and interoperability is key to wider industry acceptance, while trust, privacy, and human oversight remain paramount as AI gains independence.
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.
GFF 2026: Visa, ONDC look to make India’s tourism offerings easier to discover
Visa and ONDC will collaborate to simplify tourism discovery for travelers across India. This partnership aims to connect visitors with local businesses and unique travel experiences. They will leverage open network principles and digital innovation for seamless journeys. ONDC seeks to strengthen demand-side participation in its growing tourism sector.
Mirae Asset Mutual Fund partners with Cybrilla to simplify investing through ONDC Network
Mirae Asset Mutual Fund has integrated with the ONDC Network in partnership with Cybrilla to simplify mutual fund investing across India. The move aims to improve accessibility, reduce transaction friction and enable investors to transact through an open, platform agnostic digital ecosystem backed by India’s digital public infrastructure.
DSP Asset Managers partners with Cybrilla to bring mutual funds live on ONDC Network
DSP Asset Managers has partnered with Cybrilla to offer mutual funds on the ONDC Network, becoming one of the first AMCs to do so. This move aims to boost financial inclusion, cut costs, and expand reach via decentralized distribution, enabling local fintechs and entrepreneurs to offer low-cost investments nationwide.
Bajaj Markets joins ONDC network to sell electronics on its finance platform
Bajaj Markets has integrated with the Open Network for Digital Commerce (ONDC), granting its customers access to the network through the Bajaj Markets App and Web. This integration expands Bajaj Markets' offerings beyond financial products, now including 1.5 lakh SKUs of electronics and appliances available on their platform.
Supply chain firm Allcargo Gati joins ONDC Network
Allcargo Gati has joined the ONDC Network to offer its express distribution and supply chain services. This partnership aims to enhance logistics access, efficiency, and scalability for businesses of all sizes across India through tech-enabled, cost-effective, and nationwide delivery and warehousing solutions.
Ekart goes live on ONDC Network for ecommerce logistics
This move will help Ekart expand its reach across the country to sellers and brands in the MSME and large enterprise spaces. This initiative comes at a time when the ONDC Network is focusing on scaling e-commerce logistics on its platform following a drop in retail orders.
Uber to offer logistics services through ONDC network
Uber is set to introduce B2B logistics through the ONDC network, initially focusing on food deliveries before expanding to other sectors like e-commerce and healthcare. This move follows similar initiatives by Ola and Magicpin in the food and beverage segment.
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.
Axis Mutual Fund joins ONDC network to expand access to mutual fund investments
Axis Mutual Fund has joined the Open Network for Digital Commerce (ONDC) to make its schemes more accessible and affordable, particularly in underserved areas. This integration enhances financial inclusion, offering a seamless investment experience via interoperable digital infrastructure, breaking down traditional barriers, and empowering investors nationwide.
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.
Digital Leap: HDFC AMC joins ONDC Network
The ONDC Network is poised to transform the distribution of investment products by allowing mutual fund distributors to access a wider array of AMCs, and vice versa. This integration represents a major milestone in the financial services industry, aiming to democratize access to mutual fund investments nationwide, according to a press release.
Appreciate becomes the first fintech company to enable mutual fund investments on ONDC Network
Appreciate has conducted a Rs 100 mutual fund transaction on the ONDC Network. They are partnering with Nippon India AMC to make investments accessible. Their goal is to democratize financial services and include low-ticket investments. This aligns with ONDC’s vision of financial inclusion, expanding its services to mutual funds, following successful digital lending efforts.
Senco becomes first Indian jewellery brand to join ONDC Network
Kolkata-based jewellery brand, Senco Gold & Diamonds, made a significant announcement on Friday. They proudly revealed that they have become the first Indian jewellery brand to join the Open Network for Digital Commerce (ONDC) Network. This integration marks a crucial step for Senco Gold and Diamonds, as it will now make their extensive catalogue accessible on multiple shopping apps within the growing ONDC Network.
SignCatch executes first global export trade on ONDC Network
SignCatch, a Platform-as-a-Service provider, has successfully executed the world's first export order on the Open Network for Digital Commerce (ONDC). SignCatch collaborated with Proxtera, a Singapore-based platform, to enable B2B sellers on Bech.app to receive export orders from Proxtera's B2B buyer platform.
ONDC enables Network Gift Card for corporate gifting
Currently, sponsoring organisations can reach out to YES Bank and Omni Card to issue these gift cards, while many other banks and fintech companies are also in the process of enabling ONDC-enabled gift cards.
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