10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
All News

ONDC Prepares For Full Launch Of Cab Services In Kolkata As Pilot Crosses 250K Rides

The Open Network for Digital Commerce (ONDC) is reportedly preparing for the full launch of its cab-hailing pilot programme in Kolkata, launched in partnership with the West Bengal government’s Yatri Sathi app, as it has received a good response.

The pilot, which began in July, is averaging over 5,000 rides per day. In total, it has crossed 2,50,000 rides and has over 3,65,000 registered users and 18,600 registered driver partners, Moneycontrol reported.

ONDC denied sharing an official statement yet on the development.

Since its inception, ONDC has been gradually expanding its bouquet of services. Earlier, it launched ride-hailing services in Bengaluru, Mysuru, and Kochi. It added Bengaluru-based auto booking app ‘Namma Yatri’ to its network in March this year. Furthermore, the Kochi Open Mobility Network (KOMN), an initiative by the Kerala transport department, integrated with ONDC last year. KOMN’s objective is to digitise urban mobility by seamlessly integrating various transportation modes using technology.

In Bengaluru, the mobility initiative of the network is already facilitating nearly 1,00,000 rides daily through the Namma Yatri app, posing a formidable challenge to industry giants like Ola and Uber, according to reports.

ONDC CEO T Koshi believes that the open network will level the playing field, offering equal opportunities to mobility providers of all sizes, both existing and new. He envisions ONDC doing for mobility what UPI and NPCI have done for digital payments.

As per reports, quick commerce startup Dunzo and logistics startup Loadshare are in discussions with ONDC to expand their respective two-wheeler fleets to offer bike taxi services.

Launched in 2022, ONDC serves as a digital bridge facilitating transactions between buyers and sellers regardless of the platforms they use. It seamlessly connects diverse digital storefronts, enabling effortless transactions across multiple applications and platforms.

With 37 participants in its network, including industry heavyweights like Delhivery, Paytm, Phonepe, IDFC Bank, Kotak, Shiprocket, Dunzo, Snapdeal, Hindustan Unilever, and ITC, ONDC has created a dynamic ecosystem promoting inclusivity and fair competition.

The platform boasts of an extensive network of over 1,00,000 merchants and participation from more than 45 entities spanning 273 cities.

The post ONDC Prepares For Full Launch Of Cab Services In Kolkata As Pilot Crosses 250K Rides appeared first on Inc42 Media.

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link