Zerodha, Cars24 and other Unicorns Joins ONDC for Digital Commerce Boost

Indian unicorns, including Cars24, Zerodha, EaseMyTrip, and Livspace, have expressed their intent to join the Open Network for Digital Commerce (ONDC).

Alongside these unicorns, over 125 other stakeholders from the startup ecosystem have also committed to partnering with ONDC, as reported by the Department for Promotion of Industry and Internal Trade (DPIIT).

Through letters of intent, these companies aim to explore various use-cases for their products and platforms within the ONDC framework.

The initiative comes following the ONDC Startup Mahotsav event, which sought to facilitate collaboration between startups and ONDC. The event also highlighted the significant milestone of ONDC, with over 7.2 million transactions facilitated in the past month alone.

This move underscores the growing interest and recognition of ONDC as a key enabler for digital commerce in India. By onboarding unicorns and other stakeholders, ONDC aims to further enhance its ecosystem and drive innovation in the digital commerce space.

Disclaimer: This information is covered based on the latest research and development available. However, it may not fully reflect all current aspects of the subject matter.

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