ONDC crosses 200 million customer transactions in two years

The Open Network for Digital Commerce (ONDC) has surpassed 200 million transactions since its launch in September 2022. The platform, which provides APIs for tech companies and developers, has gained traction in categories such as F&B, grocery, retail, logistics, mobility, and financial services. Remarkably, ONDC reached 100 million transactions in just six months, after taking 20 months to hit the first 100 million.
By July 2024, monthly orders had risen to 12 million, driven by the mobility sector. ONDC hosts apps like Namma Yatri, Paytm, Delhivery, Tata Neu, and Ola. T Koshy, MD and CEO of ONDC, stated that crossing 200 million transactions highlights a paradigm shift in digital commerce, offering equal opportunities to businesses of all sizes, breaking monopolies, and fostering innovation. The network’s growth reflects a larger transformation in how buyers and sellers engage with digital commerce.