ONDC facilitates 7.22 mn transactions in April 2024, onboards 5+ lakh sellers

The Government’s aim to democratise digital commerce, ONDC, has facilitated around 7.22 million transactions as of April 2024 and over the past one and a half years more than 5 lakh sellers have onboarded on the platform, of which more than 70 per cent are small or medium sized sellers. To encourage an ecosystem for startup growth and innovation, the Department for Promotion of Industry and Internal Trade (DPIIT) has launched the ‘ONDC Startup Mahotsav’, an inflexion point for startups in India to leverage the opportunities unlocked by ONDC and play a pivotal role in ONDC ecosystem by driving innovation, fostering competition and enhancing consumer choice.

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The event witnessed participation of around 5,000 startups in hybrid mode. Over 125 ecosystem stakeholders including startups, unicorns and high growth businesses such as EaseMyTrip, OfBusiness, Winzo, Livspace, GlobalBees, Pristyn Care, Cars24, Physics Wallah, PolicyBazaar, and Zerodha, signed Letter of Intent (LoI) during the event. These LoIs signify the potential of ONDC and the eagerness of leading startups of the country to collaborate with the platform.