🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
ONDC cuts financial incentives for network participants ahead of levying network fee
Economic Times
·
8m ago
Medial
The Open Network for Digital Commerce (ONDC) has reduced the monthly limit for financial assistance that network participants can seek, while also planning to introduce a network fee for seller apps. The cap for financial incentives has been reduced to Rs 40 lakh for December, and Rs 30 lakh for network participants with over 1 million orders per month. ONDC aims to become self-sustaining and plans to charge a network infrastructure fee of Rs 1.50 per transaction above Rs 250 from January. The network has facilitated 142 million transactions since its inception.
View Source
Related News
Exclusive: Now, KFC Marks ONDC Foray With Pilot In Gurugram
Inc42
·
1y ago
Medial
KFC has partnered with Magicpin to enhance its tech integration, catalogue assortments, and logistics capabilities. A pilot program is being conducted in Gurugram, and over 1,000 KFC stores are expected to join ONDC within a month. This collaboration comes as ONDC plans to reduce incentives for network participants by 75%.
View Source
ONDC monthly transactions hit 10 million in June: report
Economic Times
·
1y ago
Medial
The government-backed Open Network for Digital Commerce (ONDC) has reported a significant growth in transactions, reaching 10 million in June. The network witnessed a strong increase of one million transactions per month in the last two months, largely driven by retail activity. Non-mobility transactions exceeded 6 million, while mobility transactions declined slightly to 3.9 million during the same period. ONDC has reduced financial incentives for participants and is exploring new opportunities in consumer and business loans, as well as expanding into insurance and investments, with plans to launch passive funds soon.
View Source
ONDC delays levying network fee again on stakeholder feedback
Economic Times
·
3m ago
Medial
The Open Network for Digital Commerce (ONDC) has delayed implementing a network infrastructure fee for seller apps on the government-backed platform, now set to start on July 1, after initial plans for January 1 and April 1. The postponement, due to stakeholder feedback, allows participants to adjust their processes. The fee supports infrastructure development and critical services, crucial for ONDC’s long-term sustainability, and any future fee changes will be communicated well in advance.
View Source
ONDC postpones network charges implementation
Economic Times
·
6m ago
Medial
The government-backed Open Network for Digital Commerce (ONDC) postponed its network infrastructure fee implementation from January to April 1, following participant feedback. This fee aims to make ONDC financially sustainable. The fee, Rs 1.5 per transaction over Rs 250, will impact seller apps like logistics and financial service providers. Firms are concerned about the fee affecting conversion rates, with discussions on potentially passing costs to customers. ONDC aims to sustain and grow digital commerce infrastructure.
View Source
ONDC May Start Levying Small Fee On Each Transaction From This Fiscal : CEO Koshy
Inc42
·
1y ago
Medial
The government-run Open Network for Digital Commerce (ONDC) is considering implementing transaction charges in order to cover its operating expenses. The exact fee amount has not been determined yet, but it is expected to be minimal and applied to each transaction. The move is aimed at improving revenue for ONDC and ensuring its financial sustainability.
View Source
ONDC logs 14 million transactions in October, cuts incentives
Inshorts
·
9m ago
Medial
Open Network for Digital Commerce (ONDC) recorded 14 million transactions in October, a 7.6% rise from 12.9 million in September and a 200% increase from 4.5 million in October 2023. Recently, ONDC slashed the maximum incentive for network participants by 84%, reducing it from ₹2.5 crore to ₹40 lakh.
View Source
ONDC encouraging ride-hailing apps to increase penetration beyond metro cities: MD and CEO T. Koshy | Company Business News
Livemint
·
7m ago
Medial
The Open Network for Digital Commerce (ONDC) is working to expand its reach to tier-II and tier-III markets in India, aiming to create a more inclusive mobility ecosystem. By collaborating with existing network participants and interested apps, ONDC is focused on improving discoverability and encouraging smaller players to join the network. The structure of ONDC includes buyer and seller apps across various categories, with mobility accounting for 40% of transactions. The network is also promoting the adoption of a zero-commission model, providing software to drivers instead of charging commissions on transactions.
View Source
ONDC introduces WhatsApp Chatbot ONDC Sahayak for sellers
IndianStartupNews
·
1y ago
Medial
The Indian government-backed Open Network for Digital Commerce (ONDC) has introduced a WhatsApp chatbot called "ONDC Sahayak" in Beta phase to help new sellers understand digital commerce. The chatbot currently understands English and will soon support Marathi, Kannada, and Tamil. ONDC Sahayak educates sellers about ONDC's benefits, showcases categories, connects with Seller Network Participants, and simplifies onboarding. ONDC now also supports 12 regional languages, promoting inclusivity and engagement with the platform, effective August 15th.
View Source
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.
View Source
McDonald’s North & East Joins
Inc42
·
1y ago
Medial
McDonald's India North & East has joined the government-backed open network for digital commerce (ONDC) to enhance accessibility for its customers. Through this partnership, McDonald's products will be available across ONDC buyers' applications. The move follows Domino's Pizza joining ONDC in January. ONDC is an open network launched in 2022, aiming to eliminate the existing closed network of digital commerce and allow small businesses to participate. It offers a cheaper alternative to food delivery platforms like Swiggy and Zomato, with commissions around the single-digit range. However, sustainability concerns have been raised regarding the network's price incentives.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
