The initiative will enable and empower enterprises in digitizing and scaling their business with e-commerce solutions built in compliance with the ONDC protocol
New Delhi: Mystore, the first ONDC-connected marketplace, launched an enterprise e-commerce solution to facilitate enterprise brands in utilizing the ONDC network and expanding their reach to new markets, according to a press release shared on Friday.
The initiative will enable and empower enterprises in digitizing and scaling their business with e-commerce solutions built in compliance with the ONDC protocol, the release said.
By signing up on the Mystore seller app, enterprises can take their complete business online, including their dealer-distributor network without investing in tailored e-commerce solutions. Through Mystore, brands can add a new sales channel to their existing digital presence. They can also use Mystore’s comprehensive ecosystem as their primary ecommerce channel, it said.
Elaborating on the importance of joining the ONDC network for enterprise brands,T Koshy, chief executive officer, ONDC said, “In a digital landscape where adaptability is key, Mystore’s innovative enterprise solutions, integrated with the ONDC Network, redefines growth opportunities for brands of all sizes.”
“Enterprises can no longer stay tethered to traditional selling through single or binary channels. Indian Ecommerce will be worth $200 billion catering to 400-450 million users by 2027. Enterprise brands need to be present on the channels these buyers are. Mystore’s Enterprise Ecommerce Solutions have enabled enterprises with lakhs of sellers-dealers across India to digitize their business, optimize costs, innovate, and experiment with market-buyer-product mixes for better profit margins,” said Kriti Aggarwal, co-founder, Mystore.
Mystore is an ONDC-connected marketplace helping SMEs and enterprise brands leverage the ONDC network to accelerate their growth. It enables hyperlocal businesses, SMEs, D2C brands, and Enterprises to join the ONDC Network ecosystem and explore the vast Indian markets.
Incorporated in December 2021, Open Network for Digital Commerce (ONDC), a Section 8 company, is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India to create a facilitative model for digital commerce.
