Why Indian Companies are joining ONDC? - Business Case Study

Checkout the Solana Hackathon here: www.colosseum.org/renaissance

This is the beginning of a new era in e-commerce in India

Modi govt brought lots of innovation that make our country a decade ahead, thank you Indian government for showing such improvement ❤.

Charlie Munger once said "Show me an incentive, I'll give you an outcome". The incentives for players in ONDC are not clear. E-commerce in India has reached where it is today because every step of the value chain is tightly managed and optimized. Each participant in the value chain from manufacturer,seller, warehouse, logistics, buyer has very clear incentives. This incentive structure needs to be laid out clearly for ONDC. Blockchain is just a tech layer and not a solution to this problem. Keeping a keen eye on ONDC. If executed right, it could be a game changer.

Growing india 🤝

ONDC 🔥🔥🔥🔥🔥🔥 UPI 🔥🔥🔥🔥🔥🔥 MODI. 🔥🔥🔥🔥🔥🔥

Ondc should have it's own delivery and shopping platform, no need to link other apps it's actually free customers to them in real.

Let's hope for good like UPI. and trust in our current technocrats and gov...

Govt and Imfluancers should be Promote ONDC. Let's remove the monopoly of current e-commerce. Like Rupay card

Fantastic channel. May they be blessed hugely and may they grow and shine. Three Cheers. Very well prepared and detailed reports. Salutes to you. Jai Hanumante

I have been following this channel since the time of the pandemic and by a great stroke of luck, I got to meet Caleb today, at my tech park at RMZ Ecoworld. It was so great to see one of the brains behind this channel. Onwards and upwards friends, I hope you reach 1 million subscribers soon.

the biggest problem i came across with ondc in food delivery atleast was there not enough sellers on it making us buy from some unknown seller, i also dont understand who is funding their discounts which are pretty good

This has happened because of UPI Jio Note Bandi

7:01 so on this note how will the customers will come to know or how can customers trust on if any new brand or any new born unicorn who don't have good logistics to deliver the goods and services ?

The ONDC embarked on developing a platform without a comprehensive understanding of its functionality and consequences. Now, they seek external assistance, funded by government resources, to resolve the issues—an approach that might be perceived as a less than ideal way to address their challenges. Good Job! Also i wonder how much BWB was paid to sponser them.

In economic terms, its like a perfect market condition with perfectly elastic demand. Condition where a slightly lower prices gives more sales and market share and slightly higher prices takes them away quickly. Wonder how small vendors will be able to keep their costs down to be in competition.

Aiming at a 1.4 billion is a bit too high. Instead put a target number of households (families) that number 280 million if 5 is taken as the number in a household. That would be one end. The other end is the trader & that base. Identify the households, call each a customer & create a customer base (customer can be producer, if flipped over).

ONDC is a robust plateform for commerce and huge potential........govt must improve the platform and make it more transparent

Ondc has created IGM which is an Issue and Grievance Managemnrt framework which defines liability between each entity involved in facilitating a single transaction. This is now compulsory for all network participants.

It will kill the trade market and the local shops in the town