HDFC Financial institution targets deploying 1 million PoS machines per 12 months

The nation’s largest personal sector lender HDFC Financial institution plans to deploy a million of its newly launched level of gross sales (PoS) machines per 12 months, stated Parag Rao, Group head of funds, shopper finance, legal responsibility product group, amongst others. “We clearly see a big deployment of such a terminal. We see the … Read more

Karnataka Financial institution to supply private loans on ONDC

Karnataka Financial institution has mentioned that it’s going to provide private loans on ONDC (Open Community for Digital Commerce). This, based on a media assertion, makes Karnataka Financial institution the primary financial institution to supply such service. The financial institution shall be providing private loans by purchaser apps on the ONDC community, which is able … Read more

Aspire to allow 40 million transactions a month by FY25 finish on ONDC, says MD

The Open Community for Digital Commerce (ONDC) is aiming to facilitate as much as 40 million transactions monthly by FY25-end, MD & CEO, T Koshy, informed businessline in an unique interplay. The community has a pipeline of 25 lenders to hitch its credit score companies and plans on introducing the mutual fund service on the … Read more

ONDC enters credit score market; goals to develop monetary companies product basket

The Open Community for Digital Commerce (ONDC) in the present day launched unsecured digital loans on its platform, via which it claims to cross loans inside six minutes, the corporate stated in a press convention in Mumbai in the present day. The client functions embody Easypay, Paisabazaar, Tata Digital, Invoicepe, Cliniq360, Zyapaar, Indipe, Tyreplex and … Read more

Nationwide Seeds Corp begins promoting greens, flower seeds for kitchen backyard

The Nationwide Seeds Company (NSC), a public sector enterprise underneath the Ministry of Agriculture and Farmers’ Welfare, has began promoting seeds on-line utilizing the ONDC platform to develop its attain. Weekly gross sales have exceeded ₹16,000 since its launch in December final 12 months. “It was by no means tried earlier since NSC was snug … Read more

PhonePe shifts focus to meals, grocery; exits trend, electronics on ONDC 

PhonePe is restructuring its e-commerce technique on the Open Community for Digital Commerce (ONDC) because it plans to exit classes like trend, electronics, house decor aside from meals supply on the community, in accordance with sources. Nevertheless, it would proceed to function within the journey ticketing section on ONDC by way of its foremost app. … Read more

Kochi Metro Rail joins ONDC community to boost mobility expertise 

Following the profitable integration of Chennai Metro, Kochi Metro Rail now turns into the second metro service to affix the ONDC Community, a vital step in revolutionising city transportation. Additionally learn:Bus ticketing platform, redBus, joins ONDC ONDC has introduced the addition of Kochi Metro Rail to its increasing mobility area. For a while, ONDC was … Read more

ONDC sees over 5 lakh meals supply orders in March, surge in restaurant community members

February and March have been document months for the meals supply section on the Open Community for Digital Commerce (ONDC). The community has seen the month-to-month meals orders cross the 5 lakh-mark in March. This comes at a time when many key restaurant gamers have been onboarded prior to now few months, with meals orders … Read more

Division of Fisheries, ONDC in deal to assist fish farmers promote produce on-line

The Division of Fisheries on Monday introduced that it has signed a Memorandum of Understanding (MoU) with the Open Community for Digital Commerce (ONDC) platform to assist conventional fishermen, fish farmers producer organisations, entrepreneurs from fisheries sector to purchase and promote their merchandise by the e-market place. Additionally learn:CIFT to concentrate on fishery based mostly … Read more

Bus ticketing platform, redBus, joins ONDC

Bus ticketing platform, redBus, on Saturday mentioned it has joined Open Community for Digital Commerce (ONDC) and now gives multi-modal transport reserving companies on its platform in varied cities. By integrating with the ONDC Community, redBus will provide auto rickshaw reserving in Bengaluru, Delhi, Chennai and Hyderabad, and metro ticket reserving in Chennai and Kochi. … Read more