CosmicTaco

ONDC Targets SMEs for Expansion

CosmicTaco · 2024-09-03T10:09:45.493981+05:30

- **ONDC** plans to tap into **SMEs** via **GeM** and **PLI** schemes, aiming to triple its business by FY25. - The network currently handles over **12.5 million transactions** per month, targeting **30-40 million** by FY25. - **Philanthropic organizations** and **CSR foundations** are helping small entrepreneurs join the platform. - **ISKCON** is an example of the diverse ecosystems joining ONDC, enabling the purchase of prasad. - Despite growth, ONDC faces challenges like **deep discounting** and **below-par user experience**.

ONDC plans to tap into SMEs via GeM and PLI schemes, aiming to triple its business by FY25.
The network currently handles over 12.5 million transactions per month, targeting 30-40 million by FY25.
Philanthropic organizations and CSR foundations are helping small entrepreneurs join the platform.
ISKCON is an example of the diverse ecosystems joining ONDC, enabling the purchase of prasad.
Despite growth, ONDC faces challenges like deep discounting and below-par user experience.