India’s bold bet on e-commerce seeks to break dominance of Amazon, Flipkart

Amazon and Walmart-owned Flipkart are estimated to each account for about 30 per cent of India’s e-commerce market. PHOTO: AFP
New: Gift this subscriber-only story to your friends and family

BENGALURU - The Indian government is promoting an ambitious open e-commerce network that aims to link hundreds of millions of buyers and sellers across online platforms, transforming how Indians shop for goods and services.

“Everyone’s commerce: Where anyone can sell and everyone can buy from each other online,” declares the website of the Open Network for Digital Commerce (ONDC), a non-profit company backed by the Indian government and funded by some of the country’s biggest banks and financial institutions.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.