ONDC: Latest Updates and Growth Insights

ONDC is making waves in India's online shopping space in 2024, reshaping how millions of people buy and sell online. Since its launch, ONDC has crossed an incredible milestone of over 10 crore transactions. With more than 1 crore transactions per month in the last quarter alone, it’s clear that this platform is changing the game for online shopping in India.

Impressive Growth in Numbers

Since the beginning of the year, the number of transactions has surged. One major highlight is the mobility sector, where orders jumped by over 30%. In August 2024, nearly 50 lakh orders were placed in this sector alone. Overall, ONDC’s transaction count has increased by a whopping 85% since January, reaching over 1.2 crore orders last month.

The retail sector has remained steady, with around 50 lakh transactions each month. This sector also saw a 12% increase in order volume between June and July, indicating a strong trend going into the second half of the year. To put things in perspective, by February 2023, ONDC had recorded 7.1 million orders. Comparing that to where we are today shows just how fast ONDC has grown in such a short period.

For more details on ONDC’s growth, feel free to check out our previous blog.

New Features Boosting ONDC's Reach

One of the most exciting developments in recent months is the introduction of Saarthi, a multilingual reference app for sellers on the ONDC network. Saarthi comes with tools like real-time translation and voice recognition. This means that businesses can now communicate with customers in their preferred language, opening doors to reach new regions and more people.

ONDC is making waves in India's online shopping space in 2024, reshaping how millions of people buy and sell online. Since its launch, ONDC has crossed an incredible milestone of over 10 crore transactions. With more than 1 crore transactions per month in the last quarter alone, it’s clear that this platform is changing the game for online shopping in India.

Impressive Growth in Numbers

Since the beginning of the year, the number of transactions has surged. One major highlight is the mobility sector, where orders jumped by over 30%. In August 2024, nearly 50 lakh orders were placed in this sector alone. Overall, ONDC’s transaction count has increased by a whopping 85% since January, reaching over 1.2 crore orders last month.

The retail sector has remained steady, with around 50 lakh transactions each month. This sector also saw a 12% increase in order volume between June and July, indicating a strong trend going into the second half of the year. To put things in perspective, by February 2023, ONDC had recorded 7.1 million orders. Comparing that to where we are today shows just how fast ONDC has grown in such a short period.

For more details on ONDC’s growth, feel free to check out our previous blog.

New Features Boosting ONDC's Reach

One of the most exciting developments in recent months is the introduction of Saarthi, a multilingual reference app for sellers on the ONDC network. Saarthi comes with tools like real-time translation and voice recognition. This means that businesses can now communicate with customers in their preferred language, opening doors to reach new regions and more people.

These features are expected to improve sales by making it easier for customers to shop in their local language. On top of that, it can help businesses reduce support costs and make operations smoother. In areas where language barriers have made it tough for sellers, Saarthi can be a game changer.

Big Brands Joining the ONDC Network

Another exciting development is AB InBev, the company behind popular drinks like Budweiser and Corona, joining the ONDC network. By being a part of ONDC, AB InBev plans to expand its market reach and make its products more accessible across India. This partnership shows how ONDC is helping big brands reach more customers.

These features are expected to improve sales by making it easier for customers to shop in their local language. On top of that, it can help businesses reduce support costs and make operations smoother. In areas where language barriers have made it tough for sellers, Saarthi can be a game changer.

Big Brands Joining the ONDC Network

Another exciting development is AB InBev, the company behind popular drinks like Budweiser and Corona, joining the ONDC network. By being a part of ONDC, AB InBev plans to expand its market reach and make its products more accessible across India. This partnership shows how ONDC is helping big brands reach more customers.

AB InBev isn’t the only big name hopping onto the ONDC platform. EaseMyTrip, a well-known online travel company, has launched a platform called ScanMyTrip through ONDC. This makes it easier for people to book flights, accommodations, and other travel services directly. It’s the first online travel agency to offer travel services on ONDC, which opens up new possibilities for the travel industry. With ScanMyTrip, smaller travel businesses can list their services alongside big brands, giving them better visibility and a chance to reach a larger audience.

ONDC Expanding in the Travel and Hospitality Sector

In Bengaluru, several local hotel chains are now using ONDC to reach more customers. This helps smaller, locally-owned hotels compete with larger brands, as they can now be found by more travelers. For customers, this means more choices when it comes to booking affordable accommodations. It’s a win-win for both travelers and hotel owners, as competitive pricing is encouraged.

The introduction of ONDC in the hospitality industry is a significant step. Travelers can now find a wider variety of accommodations that meet their budget and preferences, while smaller hotel chains benefit from increased exposure. The hospitality industry is seeing a positive shift as more businesses recognize the potential of listing their services on ONDC.

Electric Vehicles and Gaming Join the ONDC Network

ONDC’s impact isn’t limited to just retail and travel. Ola Electric, a leading name in electric vehicles, is set to debut its products on ONDC. This makes it easier for consumers to explore eco-friendly transportation options, helping promote sustainable practices. The availability of electric vehicles on such a large platform like ONDC is expected to encourage more people to consider switching to electric transportation.

In addition, Zupee, a popular online gaming platform, has joined ONDC to tap into the growing online gaming market. By integrating gaming services with the e-commerce side of ONDC, Zupee aims to create a unique experience for gamers and shoppers alike. This partnership allows Zupee to reach a broader audience while offering customers a new way to enjoy gaming.

ONDC Expanding in the Travel and Hospitality Sector

In Bengaluru, several local hotel chains are now using ONDC to reach more customers. This helps smaller, locally-owned hotels compete with larger brands, as they can now be found by more travelers. For customers, this means more choices when it comes to booking affordable accommodations. It’s a win-win for both travelers and hotel owners, as competitive pricing is encouraged.

The introduction of ONDC in the hospitality industry is a significant step. Travelers can now find a wider variety of accommodations that meet their budget and preferences, while smaller hotel chains benefit from increased exposure. The hospitality industry is seeing a positive shift as more businesses recognize the potential of listing their services on ONDC.

Electric Vehicles and Gaming Join the ONDC Network

ONDC’s impact isn’t limited to just retail and travel. Ola Electric, a leading name in electric vehicles, is set to debut its products on ONDC. This makes it easier for consumers to explore eco-friendly transportation options, helping promote sustainable practices. The availability of electric vehicles on such a large platform like ONDC is expected to encourage more people to consider switching to electric transportation.

In addition, Zupee, a popular online gaming platform, has joined ONDC to tap into the growing online gaming market. By integrating gaming services with the e-commerce side of ONDC, Zupee aims to create a unique experience for gamers and shoppers alike. This partnership allows Zupee to reach a broader audience while offering customers a new way to enjoy gaming.

Iconic Brand Archies Joins ONDC

Another well-known brand, Archies, has recently joined the ONDC network. Archies has been a household name for years, offering unique gifts for various occasions. By joining ONDC, Archies aims to grow its online presence and provide customers with easier access to their favorite gifting options.

Archies’ decision to join ONDC is a great example of how traditional brands are adapting to the digital age. It’s not just about keeping up with the times, but also about reaching more people and providing a better shopping experience.

ONDC’s Bright Future Ahead

All of these recent developments show how ONDC is rapidly expanding across various sectors, from retail and hospitality to electric vehicles and gaming. By bringing such a diverse range of businesses onto one platform, ONDC is making it easier for both customers and sellers to connect. This growth is a clear sign of ONDC’s commitment to building a more inclusive, accessible, and competitive digital marketplace in India.

Looking ahead, ONDC has ambitious goals for the future. They aim to increase e-commerce penetration in India to 25% over the coming years, and their target is to achieve a gross merchandise value (GMV) of $48 billion. These numbers highlight how ONDC is positioning itself as a major player in India’s digital commerce space, and there’s no doubt they will continue to drive growth and innovation.

ONDC’s Bright Future Ahead

All of these recent developments show how ONDC is rapidly expanding across various sectors, from retail and hospitality to electric vehicles and gaming. By bringing such a diverse range of businesses onto one platform, ONDC is making it easier for both customers and sellers to connect. This growth is a clear sign of ONDC’s commitment to building a more inclusive, accessible, and competitive digital marketplace in India.

Looking ahead, ONDC has ambitious goals for the future. They aim to increase e-commerce penetration in India to 25% over the coming years, and their target is to achieve a gross merchandise value (GMV) of $48 billion. These numbers highlight how ONDC is positioning itself as a major player in India’s digital commerce space, and there’s no doubt they will continue to drive growth and innovation.

Ready to Join ONDC?

If you’re a seller looking to join ONDC, SellerSetu is here to make the process smooth and hassle-free. We can help you get started on ONDC and show you how our platform supports your business. By joining ONDC, you’ll have access to a large customer base and the tools to grow your online sales.

Visit us / contact us and book a demo to learn more about how we can help you sell online and grow your business.

Iconic Brand Archies Joins ONDC

Another well-known brand, Archies, has recently joined the ONDC network. Archies has been a household name for years, offering unique gifts for various occasions. By joining ONDC, Archies aims to grow its online presence and provide customers with easier access to their favorite gifting options.

Archies’ decision to join ONDC is a great example of how traditional brands are adapting to the digital age. It’s not just about keeping up with the times, but also about reaching more people and providing a better shopping experience.

ONDC’s Bright Future Ahead

All of these recent developments show how ONDC is rapidly expanding across various sectors, from retail and hospitality to electric vehicles and gaming. By bringing such a diverse range of businesses onto one platform, ONDC is making it easier for both customers and sellers to connect. This growth is a clear sign of ONDC’s commitment to building a more inclusive, accessible, and competitive digital marketplace in India.

Looking ahead, ONDC has ambitious goals for the future. They aim to increase e-commerce penetration in India to 25% over the coming years, and their target is to achieve a gross merchandise value (GMV) of $48 billion. These numbers highlight how ONDC is positioning itself as a major player in India’s digital commerce space, and there’s no doubt they will continue to drive growth and innovation.

ONDC’s Bright Future Ahead

All of these recent developments show how ONDC is rapidly expanding across various sectors, from retail and hospitality to electric vehicles and gaming. By bringing such a diverse range of businesses onto one platform, ONDC is making it easier for both customers and sellers to connect. This growth is a clear sign of ONDC’s commitment to building a more inclusive, accessible, and competitive digital marketplace in India.

Looking ahead, ONDC has ambitious goals for the future. They aim to increase e-commerce penetration in India to 25% over the coming years, and their target is to achieve a gross merchandise value (GMV) of $48 billion. These numbers highlight how ONDC is positioning itself as a major player in India’s digital commerce space, and there’s no doubt they will continue to drive growth and innovation.

Ready to Join ONDC?

If you’re a seller looking to join ONDC, SellerSetu is here to make the process smooth and hassle-free. We can help you get started on ONDC and show you how our platform supports your business. By joining ONDC, you’ll have access to a large customer base and the tools to grow your online sales.

Visit us / contact us and book a demo to learn more about how we can help you sell online and grow your business.

ONDC: Latest Updates and Growth Insights

ONDC: Latest Updates and Growth Insights