Transactions On ONDC Up 3X Since December Last Year: CEO

Transactions on the Open Network for Digital Commerce (ONDC) have seen a significant rise, with a threefold increase since December of the previous year. The CEO of ONDC reported that the platform has gained substantial traction, driven by its efforts to foster open, inclusive, and competitive digital commerce. ONDC aims to connect buyers and sellers across various platforms, offering a neutral and open alternative to existing e-commerce giants. The CEO expressed optimism about the future growth of the platform, especially as it continues to expand its network. The rise in transactions is seen as a reflection of the growing popularity of the platform among businesses and consumers, signaling a shift towards more democratized digital commerce in India.