It also hit a new peak of 5 million retail orders in a month and saw a single-day record of 200,000 retail transactions.

About ONDC

• It is a Section 8 company, under the initiative of the Department for Promotion of Industry and Internal Trade (DPIIT).
• It is based on open-sourced methodology, using open specifications and open network protocols independent of any specific platform.
• Its mission is to increase e-commerce penetration in the country by enabling population-scale inclusion of all types and sizes of sellers.

Benefits of ONDC

• Sellers: Get an equal opportunity to compete with large market players and become discoverable online. 
• Buyers: Enjoy a seamless shopping experience from a wide range of products across categories in a single checkout experience. 
• Tech Companies: Rapid adoption of products and services and improving scalability.
• FinTech: Provide credit and financing solutions to all entities engaged in e‑commerce.

Challenges associated with ONDC:

Resistance from incumbent players, transitioning of offline businesses to online mode, etc.