“We are a Section 8 company, performing the role of a digital infrastructure provider. There is no central system or a platform that we need to maintain. Thirdly, demand generation is a collaborative effort among the buyer app, seller app, sellers and ONDC. All these keep our cost to be minimalistic,” Koshy said.
The reason why ONDC would consider user charges is only to meet the costs and it will evaluate when the market might be ready for these charges.
In May, ONDC facilitated around 9 million transactions, up sharply from 1.5 million in May 2023. Last month, ONDC said as many as 125 startups, high-growth businesses, and unicorns such as Zerodha, EaseMyTrip, and Cars24 had shown preliminary commitment to onboard the network.
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