Hantgo.com

Stay Informed Stay Ahead

Business

Over 7 lakh sellers, service providers onboarded ONDC so far

New Delhi: Over seven lakh sellers and service providers have been onboarded on Open Network for Digital Commerce (OND) so far, the government said on Thursday. A government-backed initiative, ONDC was launched in 2021. It was set up primarily to make digital commerce accessible to smaller players.

ET Year-end Special Reads

Prime Minister Narendra Modi said ONDC has contributed to empowering small businesses and revolutionising e-commerce.

In a post on X, Commerce and Industry Minister Piyush Goyal said in the last three years, the platform has empowered small enterprises by creating a level-playing field for them on the network.

ONDC aims to promote an open platform for all aspects of e-commerce retail. It helps small retailers expand their business through e-commerce medium and reduce dominance of giants in the sector.

It is a non-profit company, which has formulated a set of standards for voluntary adoption by sellers or logistics providers or payments gateway operators.


Responding to Goyal’s post, Modi said “ONDC has contributed to empowering small businesses and revolutionising e-commerce, thus playing a vital role in furthering growth and prosperity.” ONDC has so far crossed 150 million transactions with over 200 network participants.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *