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What is ONDC ?
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Latest Updates on ONDC
Magicpin food delivery order doubles to 1 mn on ONDC during World Cup
Magicpin said that it delivered 35,000 food orders during the India versus Pakistan match on October 14. The orders peaked at 50,000 on a single day during the India versus Australia match.
 "Magicpin food delivery order doubles to 1 mn on ONDC during World Cup")
Magicpin partners NCCF, ONDC to sell groceries at low price in Delhi-NCR
Under the new arrangement, magicpin has started sale of Chana Dal at Rs 120 per kg and onions at Rs 50 per 2 kg, catering to more than 100 pin code areas in the National Capital Region (NCR)
 "Magicpin partners NCCF, ONDC to sell groceries at low price in Delhi-NCR")
Nandan Nilekani pitches ONDC to start-ups to democratise e-commerce
VC firm Antler has collaborated with Nilekani, FIDE and ONDC and launched the country's first ONDC-focused venture platform to help entrepreneurs create businesses and succeed on the open protocol
 "Nandan Nilekani pitches ONDC to start-ups to democratise e-commerce")
Dunzo fully integrates seller app onto ONDC, will onboard 20k merchants
Quick commerce firm will provide merchants customer and last-mile logistics delivery support for joining network
 "Dunzo fully integrates seller app onto ONDC, will onboard 20k merchants")
Magicpin starts selling tomatoes for Rs 70 per kg through ONDC partners
Consumers can order tomatoes through magicpin app, Paytm, PhonePe's Pincode, Mystore in Delhi-NCR and select few cities under the arrangement, it said in a statement
 "Magicpin starts selling tomatoes for Rs 70 per kg through ONDC partners")
GST Council to clarify on TCS liability of e-commerce suppliers on ONDC
ONDC or Open Network for Digital Commerce is a new initiative of the department for promotion of industry and internal trade (DPIIT)
 "GST Council to clarify on TCS liability of e-commerce suppliers on ONDC")
Magicpin clocks 50% monthly growth on ONDC with over 30,000 daily orders
Hyperlocal e-commerce firm magicpin has recorded 50 per cent month-on-month growth on the government-supported ONDC network as it crossed 30,000 daily order mark on the platform, the company said
Weekend Bites: Tesla, Rs 2,000 note, and it's dog-eat-dog in food delivery
In which we munch over the week's platter of news and views
 "Weekend Bites: Tesla, Rs 2,000 note, and it's dog-eat-dog in food delivery")
Can ONDC upset Swiggy/Zomato duopoly to disrupt the food delivery market?
Although ONDC's hyperlocal tilt gives small sellers effective inroads in e-commerce, disruption in food delivery market will be contingent on building scale, meeting quality set up by Swiggy, Zomato
 "Can ONDC upset Swiggy/Zomato duopoly to disrupt the food delivery market?")
With growing user base, ONDC can start a price-war in ecomm market: Report
However, the new e-commerce platform has a long way to go before it can match the technological and service capabilities of companies like Amazon, Flipkart, Swiggy, Zomato, and others
Magicpin records multi-fold growth in daily orders on ONDC in 5 weeks
The number of orders soared beyond expectations as magicpin doubled its daily orders via its own buyer app and through buyer apps of multiple platforms like Paytm, Phonepe's Pincode and Meesho
 "Magicpin records multi-fold growth in daily orders on ONDC in 5 weeks")
We are not trying to put anybody out of business through ONDC: DPIIT Secy
The government wants all e-commerce players to become part of the Open Network for Digital Commerce (ONDC) and this initiative is not trying to put anybody out of business
Swiggy, Zomato may not offer steep discounts after govt-backed ONDC move
E-food delivery majors may instead partner the govt network
E-commerce companies on ONDC may pay the price for non-compliance
Non-compliance may result in a penalty
magicpin becomes largest restaurant aggregator on ONDC with 22,000 outlets
Plans to add 5,000 more restaurants to its network in three months; Besides tech integration on ONDC, the firm will also be fulfilling all backend logistics related to ordering and delivery
 "magicpin becomes largest restaurant aggregator on ONDC with 22,000 outlets")
ONDC requires massive efforts before it goes public, says DPIIT secy
Says network needs a certain number of people before it is taken to the public; fashion, home & kitchen, electronics, beauty & personal care categoroes likely to go live in next 4-8 weeks
Why this is India's decade
From being the 'office to the world', India is set to become its factory too
ONDC a 'game-changer' in democratising e-commerce business: Piyush Goyal
Goyal said, The ONDC has that ability to transform the e-commerce sector not only in India, but also in the whole world
 "ONDC a 'game-changer' in democratising e-commerce business: Piyush Goyal")
India's e-retail market to increase to $150 bn-$170 bn by 2027: Report
India's e-retail market rose to approximately $40 billion in 2021 and is slated to reach $50 billion in 2022
 "India's e-retail market to increase to $150 bn-$170 bn by 2027: Report")
ONDC can be a game-changer for MSMEs
UPI has revolutionised payments. ONDC can do the same for MSMEs, and take e-commerce's share to 25 per cent of all commerce by 2024
