The total order volume on ONDC touched 400,000 in a day, which included mobility bookings, based on the report
The network recorded 10 Mn transactions in June, with 6.1 Mn non-mobility transactions and 3.9 Mn mobility transactions, according to Equirus Securities India Equity Research BFSI sector report
ONDC is also looking to integrate banks and fintech platforms, days after the network began early pilots for credit disbursal through its platform
The government-run Open Network for Digital Commerce (ONDC) has captured around 3% of Swiggy and Zomato’s total food order volumes across India, an internal analysis by the network has shown.
As per ET’s report, citing sources, “ONDC now facilitates 60,000 orders per day in the food domain, capturing 3% of the total order volumes managed by Swiggy and Zomato across India individually, which receive 20 Lakh orders each.”
The total order volume touched 400,000 in a day, which included mobility bookings, one of the sources was quoted as saying in the report.
Sources added, “On July 7, 2024, ONDC set a new record with an impressive 38,000 orders per day in Bengaluru’s food domain. This represents 17% of the daily order volumes of Swiggy and Zomato individually in the city when they each received 220,000 orders.”
Inc42 has reached out to ONDC for comments on the development. The story will be updated based on the response.
Meanwhile, ONDC is also looking to integrate banks and fintech platforms, days after the network began early pilots for credit disbursal through its platform, by partnering with Tata Group superapp Tata Neu and Paisabazaar, in early July.
The network recorded 10 Mn transactions in June, with 6.1 Mn non-mobility transactions and 3.9 Mn mobility transactions, according to Equirus Securities India Equity Research BFSI sector report.
As per the BFSI sector report, a majority of this incremental growth has been driven by retail, with non-mobility orders surpassing 6 Mn transactions in June, up from 3.6 Mn in March.
