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Meesho aims for profitability in FY24

The company also plans to surpass a revenue of Rs 10,000 crore by FY25Kolkata: E-commerce platform Meesho is aiming to achieve profitability in FY24 as it looks to increase revenue and optimise costs, according to a senior company official.Backed...

3 PL logistics player Shadowfax joins ONDC

Through ONDC, Shadowfax will offer logistic services in more than 700 cities across India New Delhi: Shadowfax, a third-party logistics platform, joins ONDC to provide last-minute delivery, the company announced in a release. After successful operations in 50 cities, the...

We are not trying to put anybody out of business through ONDC: DPIIT Secretary

Secretary of DPIIT said the idea is to democratise the e-commerce for MSMEs and smaller producers in the remote parts of the country and provide them a level playing fieldNew Delhi: The government wants all e-commerce players to become part...

Democratising digital commerce in India: An open network for inclusive, competitive marketplaces by ONDC

The report elaborates on the vast potential of open network initiatives, and how these technologies can revolutionize digital commerce in India‘Democratising digital commerce in India: An open network for inclusive, competitive marketplaces’ report by a ONDC (Open Network for...

3 Reasons why PRC 2023 is a seat of retail learning

PRC 2023 will witness a number of insightful masterclasses by renowned industry leaders from various categories including retail, digital commerce and technology Bengaluru: The Phygital Retail Convention (PRC), India's largest retail intelligence platform by the IMAGES Group, is set for its 2023 edition...

ONDC conducts workshop ‘Enabling Bharat 2.0’ highlighting possibilities within open network ecosystem

The workshop featured a series of insightful panel discussions that covered a broad spectrum of topics, including commerce, financial services, logistics, agriculture, and B2B opportunities Mumbai: Open Network for Digital Commerce (ONDC), an initiative of the Department of Promotion of...

PhonePe forays into local commerce with Pincode app on ONDC network

The Pincode app will be available initially in Bengaluru and it will expand to other cities after the app achieves transactions of around 10,000 per dayNew Delhi: Walmart-backed PhonePe on Tuesday announced its foray into local commerce with the launch...

Snapdeal goes live on ONDC, starts receiving orders

The initial orders are from non-metros like Ajmer, Gurdaspur, Aligarh, Indore, Kakinada and AmravatiNew Delhi: E-commerce marketplace Snapdealhas gone live on the Open Network for Digital Commerce (ONDC) platform with three key categories, the company announced in a release. The...

Dun & Bradstreet India aligns with ONDC to help MSMEs

Dun & Bradstreet will help MSMEs get onboarded on to ONDC, expand access to global markets, find potential customers, and identify growth opportunities Bengaluru: Business consultancy firm Dun & Bradstreet India announced that it is supporting ONDC (open network for digital commerce) to help...

Amazon to integrate its logistics and SmartCommerce services with ONDC

The company stated that the integration will provide technology support to the seller community and empower small businessesBengaluru: Leading retail marketplace Amazon announced that it will integrate its logistics network (from pickup to delivery) and SmartCommerce services with Open...
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GenAI-powered conversational messaging platforms can bring more consumers to e-commerce: Report

The report also highlighted the growing user preference for leveraging conversational platforms for daily tasksNew Delhi: GenAI-powered conversational messaging...
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