While it took the network around 20 months (from January 2023 to August 2024) to reach the first 100 million, it added the next 100 million in nearly six months
With continued momentum across sectors and more participants integrating with the network, the Open Network for Digital Commerce (ONDC) has officially crossed the 200 million transaction mark. While it took the network around 20 months (from January 2023 to August 2024) to reach the first 100 million, it added the next 100 million in nearly six months.
As per the official statement, this acceleration underscores how ONDC has transitioned from an ambitious initiative to a nationwide movement, powering large-scale adoption across food and beverage (F&B), grocery, retail, logistics, mobility and financial services.
“Crossing 200 million transactions is more than just a milestone — it shows a paradigm shift in the way buyers and sellers are looking at digital commerce today. This validates ONDC’s belief that an open network can drive large-scale transformation by giving equal opportunity to businesses of all sizes, breaking monopolies, and creating an ecosystem where innovation thrives,” stated T Koshy, Managing Director (MD) and Chief Executive Officer (CEO) of ONDC.
Koshy added that the speed at which ONDC is scaling is a testament to India’s readiness for a more inclusive and accessible digital economy. The official statement highlighted that it is accelerating digital commerce adoption across sectors, driving inclusivity and proving the transformative power of an open network. Incorporated on 31 December 2021, ONDC (ONDC), a Section 8 company, is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) to create a facilitative model that enhances digital commerce, giving greater thrust to the penetration of retail ecommerce in India.
