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by Financegossips
ONDC is the most ambitious project of the Government of India after UPI. It is considered to be the Apple-moment in Indian eCommerce.
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Short for 'Open Network for Digital Commerce,' ONDC is a platform where you will get all the facilities including eCommerce, food delivery, hotel- and travel-booking.
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Let's say you want to order food from Zomato, but it is charging a high delivery fee. Using ONDC, you can order the same but choose Dunzo for the delivery.
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ONDC will also tell you that the earphones you are looking for on Amazon are also available in a nearby store and can be delivered in the next hour or two.
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is ONDC a competitor to Amazon and Zomato?
No, it isn't. Any company can register on this platform. The government wants to offer you the best deals at the best prices. It doesn't matter whether you buy from Amazon or a nearby store.
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ONDC is created so that every retail store owner can get chance to sell their products and services.
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ONDC is created to break the monopolies of the big companies in the local commerce sector. Companies like Amazon, Flipkart, Zomato, Swiggy, etc.
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Yes, off course! Like UPI, ONDC is an ambitious project of Indian Government and no other part of the world has such module.
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