Is ONDC a government company?

No, Open Network for Digital Commerce (ONDC) is a private non-profit established by the Department for Promotion of Industry and Internal Trade (DPIIT) of the Government of India.

Which was the first MNC to join ONDC?

Microsoft was the first multinational company to join ONDC.

Which companies have invested in ONDC so far?

Banks like the State Bank of India (SBI), Punjab National Bank, Axis Bank, Kotak Mahindra Bank, and HDFC Bank have invested in ONDC.

Is ONDC a blockchain?

Actually, ONDC is built on blockchain technology.

Tag: ONDC

ONDC And The Future Of Fintech In India

Mehul Jagwani

May 22, 2023

Business Tips Finance News

The drumbeat of the success of UPI is echoing around the world. Countries like the UAE, Russia, Australia, Japan, France, and many other countries have already adopted or are in the process of adopting UPI. In terms of digital payment transactions, India has surpassed global superpowers like China and the US. It is a testament… Continue reading ONDC And The Future Of Fintech In India