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Ekart goes live on ONDC Network for ecommerce logistics
Economic Times
·
2m ago
Medial
Flipkart's logistics arm, Ekart, has joined the government-supported Open Network for Digital Commerce (ONDC) for ecommerce logistics. This integration will expand Ekart's reach across India, aiding both MSMEs and large enterprises by offering enhanced efficiency and access to markets. This move aims to boost ONDC's e-commerce logistics as it addresses a recent decline in retail orders after reducing participant financial incentives, which had previously encouraged user onboarding through discounts and offers.
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ONDC’s first buyer side logistics app to fix a big gripe
Economic Times
·
1y ago
Medial
The government-supported ecommerce network, Open Network for Digital Commerce (ONDC), has approved its first buyer-side logistics app, MP2 Innovations. The app aims to address delivery challenges faced by ONDC participants by allowing them to access various delivery fleets through a single API. MP2 Innovations has partnered with logistics companies such as Loadshare and Zypp and plans to go live on the ONDC network soon. This move is expected to improve the ecommerce experience on ONDC and attract more prominent players to integrate with the platform.
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Ola Eyes Fashion And Grocery Expansion With ONDC
Inc42
·
1y ago
Medial
Indian ridesharing company Ola Mobility is expanding its ecommerce offerings through a collaboration with Open Network for Digital Commerce (ONDC). Ola plans to offer users the option to purchase groceries, fashion, and apparel through its app, leveraging ONDC's network of grocers and fashion brands. The company has partnered with Magicpin as its technology service provider. Ola previously joined ONDC to pilot a food delivery platform and later partnered for last-mile logistics services. The move to diversify its offerings comes as Ola focuses on expanding in India while exiting overseas markets.
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Logistics-as-a-service on ONDC hits 1 million transactions in June
Economic Times
·
1y ago
Medial
The Open Network for Digital Commerce (ONDC) in India has reached a milestone of one million transactions in June for its on-network logistics-as-a-service. This initiative aims to bridge the demand gap for third-party logistics and improve delivery across the network. Sellers using on-network logistics can optimize costs and ensure timely deliveries. The service is currently available in all 28 Indian states and seven union territories, with Karnataka, Delhi, and Telangana seeing the highest order deliveries. ONDC is receiving interest from various consumer goods, direct-to-customer brands, and fashion domains to optimize service costs.
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XpressBees joins ONDC with pan-India delivery services
YourStory
·
1y ago
Medial
Logistics startup Xpressbees has joined Open Network for Digital Commerce (ONDC). By onboarding to ONDC, BusyBees Logistics Solutions (Xpressbees), will now provide delivery services to over 20,000+ pin codes in 2,800+ cities in India through the open network. Through its subsidiary NimbusPost, Xpressbees already has a SaaS-based shipping aggregation platform for SMEs and D2C brands.
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Ola eyes grocery and fashion foray on ONDC
Economic Times
·
1y ago
Medial
Ride-hailing company Ola is expanding its e-commerce offerings by allowing customers to shop for groceries and fashion on Open Network for Digital Commerce (ONDC) via its app. This move aims to diversify Ola's product range and leverage ONDC's network of sellers. Ola's integration with ONDC will give access to thousands of grocers and fashion brands already on the network, making it a cost-effective solution. Ola's mobility segment is not a part of ONDC, but the company may explore integrating it in the future. Ola's logistics services will also be extended to other seller applications on the ONDC network.
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PhonePe’s Pincode exits non-food categories in ecommerce business rejig
Economic Times
·
1y ago
Medial
PhonePe, backed by Walmart, is restructuring its ecommerce strategy on the Open Network for Digital Commerce (ONDC). It will exit categories such as fashion, grocery, and electronics, except for food delivery. PhonePe will focus on providing unreserved ticket booking through ONDC. The decision to narrow down on specific segments is due to concerns about the end consumer experience. PhonePe launched its ecommerce venture Pincode on ONDC last year but has faced issues with grocery deliveries due to lack of standardization. As of March, ONDC had delivered nearly 6 lakh food orders and 2 lakh grocery orders.
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ONDC's growth slows to 5% in August amid reduction of cash incentives
Money Control
·
11m ago
Medial
In August, on-network logistics transactions for orders increased by 20% month-on-month to reach 1.7 million. Open Network for Digital Commerce (ONDC) recorded 12.58 million transactions, a 5% growth compared to July. The mobility category accounted for 4.74 million transactions, while the non-mobility category, including retail purchases and on-network logistics transactions, made up the remaining 7.84 million. The volume of grocery orders contracted by 11% in August, while food and beverage orders rose 12.5%. ONDC aims to increase e-commerce penetration to 25% in the next few years.
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ONDC Looks To Onboard News Media Platforms On The Network
Inc42
·
1y ago
Medial
The Open Network for Digital Commerce (ONDC) is reportedly seeking to onboard news media platforms to its state-backed network. Dainik Jagran, the digital arm of Hindi media giant, is said to be in advanced integration stages with ONDC. The network is pitching that media platforms can generate more value by facilitating ecommerce transactions rather than solely relying on advertising. This move comes as news platforms have complained about tech giants' dominance in the news aggregation space. ONDC aims to attract new users and expand its network by adding new offerings and partners.
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Mystore Rolls Out AI-Powered Semantic Search To Increase Product Visibility On ONDC
Inc42
·
1y ago
Medial
Mystore is introducing a new feature to assist sellers and buyers on the ONDC network. By incorporating AI-based semantic search into the Mystore Seller App, sellers will be able to enhance their product visibility and sales on the ONDC Network. Mystore, which provides ecommerce solutions to SMEs and D2C brands, aims to help these businesses expand and reach new customers across India.
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ONDC logs meteoric rise; challenges are climbing fast too
Economic Times
·
1y ago
Medial
The Open Network for Digital Commerce (ONDC) saw a significant surge in transactions, reaching over 3.3 million cumulative transactions in September. This is a considerable increase from just 1,000 transactions in January. ONDC, a government-backed open platform for hyperlocal ecommerce, aims to decentralize ecommerce in India and promote the participation of small sellers and buyers. However, as the platform grows, it also faces numerous challenges.
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