
This comes after he declared ONDC “the UPI moment for e-commerce” at the recent Ola Sankalp 2024 event.
This comes after he declared ONDC “the UPI moment for e-commerce” at the recent Ola Sankalp 2024 event.
To make it easier for customers to buy products and improve discoverability for sellers, Ola has also introduced an AI shopping co-pilot on ONDC.
The app operates on a zero-commission model, aiming to provide affordable transportation while increasing driver earnings by 15-20%.
ONDC has captured approximately 3% of the food-order volumes from Swiggy and Zomato and achieved 68 million transactions since its inception.
Instrumental in facilitating PAN, TIN, PRAN and Aadhaar, they now see potential for AI-powered infrastructure across healthcare, education, agriculture, and governance
Indian customers do not want to pay for anything
“We tend to think everyone knows about ChatGPT, but 99% are not aware of it,” says tech evangelist Jaspreet Bindra
This program aims to assist India’s digital sellers in building and scaling their digital commerce operations.
ONDC aims to create a framework where both large and small players can coexist and compete based on quality, rates, and operations
The Indian eCommerce industry is expected to reach $400 billion by 2030.
For small sellers to maintain entirely separate infrastructures and processes for online and offline sales is difficult and eats into their costs, which might not be affordable for many.
National Payments Corporation of India developed UPI to simplify mobile banking and promote digital payments.
Tech mahindra news | Meta news | Semiconductor news | Mphasis news | Oracle news | Intel news | Deloitte news | Jio news | Job interview news | virtual internship news | IIT news | Certification news | Course news | Startup news | Leetcode news | claude news | Snowflake news | Python news | Microsoft news | AWS news
Discover how Cypher 2024 expands to the USA, bridging AI innovation gaps and tackling the challenges of enterprise AI adoption
© Analytics India Magazine Pvt Ltd & AIM Media House LLC 2024