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How Modi Govt's ONDC platform will democratise ecommerce - Nandan Nilekani explains

Infosys Chairman Nandan Nilekani has praised India's new 'Open Network for Digital Commerce' (ONDC) initiative as a gamechanger for developing e-commerce distribution and logistics. Nilekani believes the platform, designed to offer millions of small Indian retailers marketplace access, will democratise digital commerce for small business owners.

ET Now Digital

Updated Apr 4, 2023, 17:11 IST

Infosys Chairman Nandan Nilekani praised the Modi Government for ONDC

Infosys Chairman and Co-founder Nandan Nilekani on Tuesday praised the government's 'Open Network for Digital Commerce' and said that initiative will democratise e-commerce for millions of small retailers in India, paving the way for the rise of more dedicated distribution and logistics companies, according to IANS.

He said that ONDC will not be limited to a few players but everyone in India. The platform will bring a person owning a small grocery store, a small electronics retailer or a restaurant owner on the e-commerce marketplace and buyers will come from any consumer app.

"Today, India has achieved financial inclusion in about seven-eight years with homegrown technologies like Aadhaar, UPI, QR code and more. The next step is to connect millions of small retailers to mainstream ecommerce with ONDC to create a robust digital public infrastructure," Nilekani said during a PhonePe launch event.

The fintech major announced the launch of a new Shopping app called "Pincode", built on the ONDC platform.

The app will focus on hyperlocal commerce and is now available for download on Google Play Store and App Store. Pincode is currently live only for customers in Bengaluru and will launch in other cities very soon, said the company.

"Pincode is built on the ONDC network, which allows us to generate demand for merchants digitized by various seller platforms in an inclusive manner, while creating new opportunities for growth and driving innovation at scale," said Sameer Nigam, CEO and Founder PhonePe.

PhonePe said ONDC can foster the rapid growth of a new hyperlocal ecommerce business model. Apart from local buyers and sellers, such a model will also benefit other ecosystem participants like the last mile logistics and inventory management players.

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