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Last year, ONDC expanded to the mobility sector. Even as ONDC is making inroads, one of the major challenges the initiative has faced is the lack of participation from big names.
For ONDC this proved to be deadly with overall industry slowing and discounts disappearing,” the above person stated.“The mobility segment is now active in three metros and 18 cities.
ONDC is in talks with other buyer applications interested in expanding this digital credit model, such as Mobikwik, Rupeeboss, and Samridh.ai, as well as lenders like HDFC Bank, IDFC First Bank ...
ONDC, launched in 2022 by the government, operates a non-profit network that enables the display of services from all participating platforms. Partner apps include Paytm, Dunzo and Delhivery.
It expects to manage 100,000 daily transactions in the next few months. ONDC expanded to the mobility sector in March by introducing the on-demand auto rickshaw booking app Namma Yatri on its network.
The app ‘ONDC Network: How to Shop’ , available on Playstore and IOS, intends to serve as a gateway for consumers to discover and access various shopping applications, known as ‘buyer apps’.