Unlocking Opportunities: How ONDC Works and Who Can Benefit from It
In the dynamic realm of digital markets, the Open Network for Digital Commerce (ONDC) emerges as a transformative force in India. It is designed to democratise e-commerce by offering an inclusive platform for both sellers and buyers. This revolutionary initiative is redefining the way commerce is conducted by leveraging technology to ensure fair opportunities for all, regardless of the size or scale of the business. Here’s a closer look at how ONDC operates and the vast array of benefits it brings to various stakeholders.
Understanding ONDC
ONDC is not just an e-commerce platform; it’s a comprehensive framework aiming to create an interoperable open network that enables the discovery, engagement, and transaction of goods and services across many applications and platforms. By standardising operations and removing gatekeepers, ONDC ensures that small vendors can compete equally with larger e-commerce giants.