Open Network for Digital Commerce (ONDC), an ecommerce platfrom runned by the Indian government has said that it has recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments in May 2024. This has further represented a robust growth of 23 per cent month-on-month in total transaction volume, the official statement from the company stated.
The statement further said that in the retail segment, the ONDC has hit a new peak of 5 million orders in May, which is a growth when compared the numbers of april (i.e., 3.59 million). The network also saw a single-day record of 200,000 retail transactions during the month.
The network said, "The grocery and food delivery categories each crossed the 1 million order mark for the first time, while home and kitchen had 630,000 orders, fashion had 330,000 orders, and other retail sub-categories added up to 2 million orders."
The ride-hailing segment witnessed slower growth, increasing from 3.6 million trips in April to 3.8 million in May, still lower than its March peak of 4 million trips.
The ONDC now has around 535,000 sellers across over 1,200 cities, with 84 per cent being small sellers contributing 56 per cent of total orders. The Network also saw an all-time high of 200,000 retail transactions in a single day during the month.
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It further noted that the Department of Telecommunications (DoT) has come up with a system to help identifying and block incoming international spoofed calls from reaching any Indian telecom subscriber.
Inputs from IANS
