ONDC Explained: Understanding The 'UPI Of E-Commerce'

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  • Опубліковано 23 сер 2024
  • The Indian government is working on an exciting project - ONDC, the Open Network For Digital Commerce. In a nutshell, this means that you'll have one platform that connects ALL e-commerce websites, apps and services. The centre's main agenda in this is to counter the dominance of current e-comm giants like Amazon, Flipkart, Zomato, Swiggy, Ola and Uber. With ONDC, the government hopes to bring smaller retailers at par with them. In fact, a pilot phase for the project has already been rolled out! So how will ONDC actually work? Watch this video to find out!
    #ONDCexplainer #ONDCapp #ONDClogin
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КОМЕНТАРІ • 176

  • @moneycontrol
    @moneycontrol  2 роки тому +2

    ALSO WATCH | The Tenant | What makes Bandra tick for a tenant who is single?
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  • @apurvanand9712
    @apurvanand9712 Рік тому +33

    Hey folks, don't get confused ONDC is NOT an app. It's a set of specifications which would enable interpretability of numerous applications wanting to link with ONDC.
    The UPI example is the closest. UPI is not an app. But BHIM, Gpay etc applications utilize upi to work together.

  • @hemant111
    @hemant111 2 роки тому +62

    Calling ONDC an application is like calling a car a brick solely because both are physical objects. ONDC is an e-commerce standard.

    • @ethlanrete6736
      @ethlanrete6736 2 роки тому +2

      U r so funny bro

    • @thereeltoreal
      @thereeltoreal Рік тому +11

      Absolutely! It is a technology like UPI, independent of the platform it exists on. Some people are mistaking it for the platform itself.

    • @surojitdas6641
      @surojitdas6641 Рік тому

      @@thereeltoreal can u explain bro...

    • @SauravKumar-ui4eb
      @SauravKumar-ui4eb Рік тому +1

      Not that simple bro, chill

    • @himanshubhardwaj7082
      @himanshubhardwaj7082 Рік тому +1

      I came just read this reply when ever I want to laugh

  • @AN-jd2yp
    @AN-jd2yp 2 роки тому +28

    She was in NDTV before I guess.... Congratulations Sonal and all the best

    • @msgstoas
      @msgstoas Рік тому +5

      Ambani ne jada paisa diya

    • @IASachin
      @IASachin 6 місяців тому +1

      Exactly....but name ke aage Kapur laga ke thik nhi kiya 😂

  • @hritik25m19
    @hritik25m19 Рік тому +7

    She is an underrated journalist

  • @prasoontanay
    @prasoontanay 2 роки тому +14

    Completely wrong information. ONDC is not a platform, its a standard. What ecosystem does with it is still to be seen. Don't simplify it to say it is like trivago.

    • @Akshay12909
      @Akshay12909 Рік тому

      Doesn’t it’s a app?

    • @sree1010
      @sree1010 Рік тому

      True. She hasn't understood precisely. There is no such app called ONDC

  • @bkmarksuser
    @bkmarksuser Рік тому +1

    The brilliant part is ONDC is not an app but a network underlying various popular apps like PayTM, Dunzo etc. Just like UPI is not an app but the underlying infrastrucure for other popular payment apps! It is an extremely brilliant architecture by Nandan Nilekani and theres no equivalent in the world👏

  • @nitheshms6515
    @nitheshms6515 2 роки тому +11

    ONDC is not an app. check your info

  • @madhurkhanna94
    @madhurkhanna94 2 роки тому +5

    My favourite anchor speaking on my favourite topic ! :D
    If ONDC can do what UPI did, then Americans ko bolo "Copy that !!"

    • @Soya8827
      @Soya8827 Рік тому

      Amazon will buy ONDC soon

    • @Akshay12909
      @Akshay12909 Рік тому +1

      @@Soya8827 nice joke it’s not private company rofl

    • @nsn2284
      @nsn2284 Рік тому

      @@Akshay12909 are you a stupid? Ondc is a private company

  • @indian256
    @indian256 2 роки тому +8

    good to see you in moneycontrol.

  • @shashank_jhajharia
    @shashank_jhajharia Рік тому +2

    Solid.. amazing inovation.
    Is it GOI initiative? I hope they don’t start misusing it in future

  • @IndicThoughts8
    @IndicThoughts8 2 роки тому +4

    Well done Nandan Sir keep going 🤝👍

  • @mohammedsadath3589
    @mohammedsadath3589 Рік тому +4

    This is mouth watering.

  • @Nawazkhan-bm3cs
    @Nawazkhan-bm3cs Рік тому +3

    I don't know about ondc, i just came here to watch sonal ❤

  • @ranodeepmukherjee6681
    @ranodeepmukherjee6681 Рік тому +1

    Revolutionary step, surely a upcoming Maharatna and has the genuine potential to be the largest PSU India ever had.

    • @stfu8899
      @stfu8899 Місяць тому

      Talk sense nigga

  • @ritik022
    @ritik022 Рік тому +3

    Thank you very much mam ,you explained ONDC in a simple and most fantastic way

  • @themowgli123
    @themowgli123 Рік тому

    Hope they brand it better than "ONDC" ... Great concept and great video

  • @vikaspandey9481
    @vikaspandey9481 Рік тому +2

    Well explained 👏

  • @sakshamjain8611
    @sakshamjain8611 Рік тому +2

    Is there any ONDC app on which sellers and buyers can register themselves? Can anyone help me with how can I start with this?

    • @pradeepkumar-my7hq
      @pradeepkumar-my7hq Рік тому

      Me also seeking same

    • @sree1010
      @sree1010 Рік тому

      There is no such app as ONDC. The lady did not do her study accurately.

  • @AeonMusicRecord
    @AeonMusicRecord 2 місяці тому

    good report

  • @classydecor9867
    @classydecor9867 2 роки тому +1

    Excellent explanation.. NYC

  • @suraj.limba80
    @suraj.limba80 2 роки тому +1

    When will it start

  • @subhasisbandyopadhyay1789
    @subhasisbandyopadhyay1789 2 роки тому +1

    Easy way to explain, excellent

  • @charannazre3403
    @charannazre3403 2 роки тому +5

    Sonal kapoor... 💕💕💕💗💗💗 love you soo much ❤

  • @tubester2023
    @tubester2023 2 роки тому +14

    This video is broadcast in the interest of kirana stores --the ones that have looted customers until Amazon came into picture. I remember us purchasing most items on MRP. Even 5% discount made customers feel rich. Ondc is bound to fail for the lack of professionalism on the part of kirana owners and shitty customer support (think bsnl or sbi help line).

    • @AkashDeepTalk
      @AkashDeepTalk 2 роки тому +13

      With due respect, I do not agree with you. You may be something right from the customer point of view but if think with a long-term approach, you will realize how this E-Commerce power is centralized to big markets places like Amazon and Flipkart. And if this centralization will be continued then the whole retail chain will be eliminated and these Kirana store owners and workers will be unemployed. So centralization of power is really bad, that's why ONDC is coming into place.

    • @ethlanrete6736
      @ethlanrete6736 2 роки тому +1

      Lol. U r just throwing out speculations. U don't even know what will happen and just saying it will fail and what not. I believe probably many like u or maybe u too said same before UPI and now stopped criticizing it.

    • @vasanthpragash854
      @vasanthpragash854 Рік тому

      I think there is validity in both these arguments.

    • @nsn2284
      @nsn2284 Рік тому

      Yes ONDC will fail

    • @SDW3-6-9
      @SDW3-6-9 Рік тому

      Only time will confirm if ONDC will succeed to plan.
      Also lets not forget, the so called "discount" on the big eCommerce platforms are FUNDED by investors seeking sticky long tail revenue with CLTV!!

  • @suryas9570
    @suryas9570 Рік тому

    Is this company listed in share market??

  • @lokkallmokkall8426
    @lokkallmokkall8426 5 місяців тому

    Very lengthy process to register as a buyer they r asking for organization name and organisation website also. It won't work

  • @manishjain9121
    @manishjain9121 Рік тому

    Isn’t Amazon into inventory model also?? Cause they own cloud9 which holds high inventory

  • @abhayrawat1598
    @abhayrawat1598 5 місяців тому

    Great Video

  • @2sridhark
    @2sridhark Рік тому

    It is not much of a competition if there is only one alternative: Uber versus Ola, Amazon versus Flipcart!
    ONDC is for the future, not present.

  • @kaushallagrawal6684
    @kaushallagrawal6684 Рік тому

    Thanku for clear cut explanation

  • @BoatRocker619
    @BoatRocker619 Рік тому

    This will be great. Those who do not sign up will be out of Indian market.

    • @nsn2284
      @nsn2284 Рік тому

      Cool down. Ondc is a failure

  • @CaptSexyy
    @CaptSexyy Рік тому +1

    It is not an application or a platform. It is not a central intermediary.

  • @breathinglife2938
    @breathinglife2938 Рік тому

    awesome explanation

  • @hisarhr20
    @hisarhr20 Рік тому

    kya yeh ondc bhi jio ki company hai ? ambani ji ya adani ji ki koi or branch hai ?

  • @hiranyabhbaishya1460
    @hiranyabhbaishya1460 Рік тому

    But how can kirana/retail stores provide better prices than amazon or Flipkart

  • @pradeepkumar-my7hq
    @pradeepkumar-my7hq Рік тому

    Can we get franchise

  • @sandeepsinghchauhan9397
    @sandeepsinghchauhan9397 Рік тому

    I thing same thing government need to implement in B2b platform or for International exports for manufacturers and wholesale suppliers

  • @jishu1998
    @jishu1998 Рік тому +2

    Imagine where would we be if congress implemented these things since the advent of technology but I guess they were busy outsources India's money to Italy XD

  • @deshmukhsantosh
    @deshmukhsantosh 9 місяців тому

    TRULY DEMOCRATISING ECOMMERCE

  • @keshavjain4829
    @keshavjain4829 Рік тому

    Bdiya smjhaya hai, vo bhi 10 mahine pehle hi jab ye khabar zada famous Hui, lajwab

  • @sajithchannadathu7902
    @sajithchannadathu7902 Рік тому

    Well it is one thing to do UPI or payment processing where thes eis no delivery , no customer support or ogistics. it is aanother to do e-commerce. need to see hwo it plays out

  • @prk3136
    @prk3136 2 роки тому

    Good information...

  • @user-ke2mi8vh6o
    @user-ke2mi8vh6o Рік тому

    How to register my reusdent

  • @vishanttyagi4343
    @vishanttyagi4343 Рік тому

    Nice explanations

  • @yossarian2909
    @yossarian2909 Рік тому +2

    It will be full of bugs and offer pathetic user experience. Google, Flipkart and Amazon invest heavily on their platform. Will exchequer pay for all this??

    • @shivam_nagar69
      @shivam_nagar69 Рік тому

      how do you know it will be full of bugs? have you seen indian govt. new websites or apps, TCS is working on such projects, don't bullshit here without proper research
      Such heavily funded amazon has a pathetic UI
      Google se compare kaise kar sakta h koi? kya chutiye log h

    • @yossarian2909
      @yossarian2909 Рік тому

      ​@@shivam_nagar69 Shouting like an idiot doesn't make you right. Have you used income tax portal? Indian railways ticket booking? Any nationalized bank's website? Google is compared because this is going to compete with the likes of Google, Flipkart and Amazon.

  • @DEEPAKGAUTAM
    @DEEPAKGAUTAM 2 роки тому +3

    ❤️❤️❤️

  • @Shishiraithal
    @Shishiraithal 2 роки тому +3

    So pretty😍❤

    • @JoKeR-152
      @JoKeR-152 2 роки тому

      Shadi kar le 🤣 (Joke kar raha hu)

    • @ethlanrete6736
      @ethlanrete6736 2 роки тому

      @@JoKeR-152 Joke kr rha hu likhna jaruri he kya.

  • @VaibhavShewale
    @VaibhavShewale Рік тому +1

    well i dont see many people using it even after so many months!

  • @ramprasaddas8766
    @ramprasaddas8766 Рік тому

    When the ONDC start in India

  • @rishabhkumardwivedi
    @rishabhkumardwivedi Рік тому +1

    If local sellers can't integrate themselves on the platform independently then I'm sorry it's a waste.

  • @C01A60
    @C01A60 Рік тому

    Price is not the only reason people choose… what about quality of service, trust, warranty..e.t.c

  • @marketgurutheeconomist7278
    @marketgurutheeconomist7278 Рік тому +2

    Till the time Flipkart and Amazon doesn't signup for this, it's a garbage, plus sharing your expenditures with Govt, God knows how safe will that be. for me it's a bigtime NO No. Better pay a little extra, even if thats the case.

    • @shivam_nagar69
      @shivam_nagar69 Рік тому

      you can trust american companies "for safety" shit? but can't trust our own? damn what a mindset people have these days
      without even testing it you have said this? no wonder people like you don't support made in india apps
      twitter use karlenge par KOO nhi😂😂

  • @latvork3044
    @latvork3044 Рік тому +3

    I don't think much discounts will be there. Everyone wants max profits. For good customer experience vertical integration is required.

    • @Aer0nfps
      @Aer0nfps 9 місяців тому

      bro zomato se toh sasta hi milega.

  • @samar3226
    @samar3226 Рік тому

    Maximum tike of the video comprises of praises...pls come to the point directly and refine the videos pls

  • @bhargavreddy7038
    @bhargavreddy7038 2 роки тому

    google couldn't do this good luck ondc

  • @Voice_of_Islam_0786
    @Voice_of_Islam_0786 5 місяців тому +1

    U are looking beautiful awesome 💯 ❤❤❤❤❤❤

  • @vishallathiya8511
    @vishallathiya8511 Рік тому

    New update kya he

  • @suraj.limba80
    @suraj.limba80 2 роки тому

    Wait kr rahe h

  • @svsnsuresh7040
    @svsnsuresh7040 2 роки тому

    Perfectly explained.... 😀

  • @Aer0nfps
    @Aer0nfps 9 місяців тому

    zomato goyal ko akkal aayegi agar ye HIT ho gaya toh. 30 percent commission leta h sellers se instead of charging customers half of it

  • @Delhi_Guy
    @Delhi_Guy Рік тому

    As they say one ring to rule all rings.

  • @kumar_56745
    @kumar_56745 Рік тому

    Ondc is not an app but a platform

  • @bharatsangam2200
    @bharatsangam2200 2 роки тому +1

    All the best minds working on ONDC are beingbpaid by the big e commerce companies and multinationals in this country...tata bye bye to all retailers ..RIP ...

  • @cryptonianbond
    @cryptonianbond Рік тому

    Madam kya boli pata nai par Sundar hain. 🚀

  • @drdillipdalai2414
    @drdillipdalai2414 Рік тому

    Dear lady you are so irresistible with your beauty I just forgot what these silly tech hack

  • @julu89
    @julu89 Рік тому

    beautifully done @moneycontrol and Sonal

  • @Masti_zaade_adda
    @Masti_zaade_adda Рік тому

    Ladki explain bada acha karti hai 😌👏🏻

  • @sree1010
    @sree1010 Рік тому

    There is no app as ONDC.

  • @rohandas7203
    @rohandas7203 Рік тому

    It just like Skyscanner

  • @manojb5957
    @manojb5957 Рік тому +1

    More choice means , more confusion 😂 in the minds of customers.

  • @prabhagg5966
    @prabhagg5966 Рік тому

  • @CurrentAffairswithBinnu
    @CurrentAffairswithBinnu 2 роки тому

    Very good explanation…

  • @ramanujlal
    @ramanujlal Рік тому

    I think before trying to explain it to people you should try to properly understand it yourself. This panel should be led by journalists with a technical background. I am more confused than informed after watching this video.

  • @soniaaggarwal7066
    @soniaaggarwal7066 Рік тому

    Even tata cliq stopped selling electronics

  • @n0wWhat
    @n0wWhat 2 роки тому +3

    Looters are on same platform.....and the god of all looters(govt of india) is controlling them...best of luck...

    • @ethlanrete6736
      @ethlanrete6736 2 роки тому +4

      Probably u don't even know meaning of E commerce.

    • @MrSaransh
      @MrSaransh 2 роки тому

      better to look at churches. they are also looting you for many centuries

    • @Soya8827
      @Soya8827 Рік тому

      @@ethlanrete6736 actually you don't know that

  • @ratnadeepsaha7675
    @ratnadeepsaha7675 4 місяці тому

    Wrong information shared. Do your research properly.

  • @SumanMishrathoughtsarefree
    @SumanMishrathoughtsarefree Рік тому

    Sonal has absolutely zero idea on ONDC except that she is reading teleprompts

  • @arindamsarkar7909
    @arindamsarkar7909 2 роки тому +1

    When Amazon and Flipkart will go from India Govt will levy high tax on each product on that market place. 😜

    • @vibhorejaiswal2997
      @vibhorejaiswal2997 Рік тому

      Ur like one off those in parliament who said how can illiterate indians use upi like system 🤡

    • @shivam_nagar69
      @shivam_nagar69 Рік тому

      not gonna happen

  • @TheGuruNetOn
    @TheGuruNetOn Рік тому

    GeM network for public??!!

  • @onebitstory
    @onebitstory Рік тому

    people hate these kinds of apps

  • @Noone-if2wz
    @Noone-if2wz Рік тому +1

    According to you, ONDC is a superapp which is totally wrong..

  • @BlessBeing
    @BlessBeing Рік тому

    It's not a one app for everything. Kaha kaha se aa jaate h muh uthakar explain karne

  • @Gyana.Ranjan
    @Gyana.Ranjan 2 роки тому +1

    This Isn't Going To Benifit The Small Retailers .
    Bacause Price Is The Game

    • @ethlanrete6736
      @ethlanrete6736 2 роки тому +1

      U r wrong. This will benifit them. Because small retailers can sell in local area at less pricess.

    • @Akshay12909
      @Akshay12909 Рік тому +2

      @@ethlanrete6736 how they will sell at low prices than flipkart and Amazon
      Can you explain

  • @akashsonkar4663
    @akashsonkar4663 Рік тому

    For ondc ragistration content me

  • @shaikusman536
    @shaikusman536 2 роки тому +2

    How a Kiarana store, a small retailer will compete with JIO, Amazon, Flipkart, ?? ....ONDC is NOT a Solution...........

    • @pratikpratik8495
      @pratikpratik8495 2 роки тому

      stupid...it is providing platform to all even for small traders... like JIO, amazon all have their own platform and monopolize market...like road highway where anyone can travel instead building own road network for their own need. ......why you people are so un educated

    • @vasanthpragash854
      @vasanthpragash854 Рік тому +1

      They may not be able to do so easily but some could gain depending on variety,logistics and other factors.
      This won't make kiranas the next Amazon, but it will force all of the companies to compete amongst each other and loose marketshare.
      There are commissions on the products sold , and on the ONDC platform there should be no such charges which could make items cheaper as seller doesn't need to account for that. Amazon and Flipkart are in the lens of the government as they claim marketplace but their platform is dominated by few huge sellers, which the govt could crackdown on.
      Overall it's too early to tell what will happen, it's a good incentive for India and will also lead to a nascent ecosystem around the platform.
      One place where this could impact quickly would be food delivery, food could be generally cheaper on ONDC but the Zomato/swiggy could give more offers for 1+1,etc.

  • @HARSHSINGH-yo1fp
    @HARSHSINGH-yo1fp Рік тому

    first of all its not an app... its a network

    • @Akshay12909
      @Akshay12909 Рік тому

      Network means?
      Can you explain ?

  • @adityapatnaik7078
    @adityapatnaik7078 2 роки тому +1

    Over acting ?

  • @imabadguy
    @imabadguy 5 місяців тому

    Maam bohot sundar ho ap😅

  • @happyhappy-vv8fd
    @happyhappy-vv8fd 2 роки тому

    I love u

  • @RatanKumar-zw1on
    @RatanKumar-zw1on 2 роки тому +3

    Sonal missing You on NDTV......

    • @JoKeR-152
      @JoKeR-152 2 роки тому

      Jadu se gayab hogaye woh 🤣🤣

    • @JoKeR-152
      @JoKeR-152 2 роки тому

      (Joke kar raha hu)

    • @ethlanrete6736
      @ethlanrete6736 2 роки тому

      @@JoKeR-152 nam me hi joker he

  • @CompetitionPill
    @CompetitionPill 2 роки тому

    It sounds too idealistic idea

  • @uvnok
    @uvnok Рік тому

    She left ndtv??

  • @SaralaKarya_Raja
    @SaralaKarya_Raja Рік тому

    👌👍👏🙏🚩

  • @rathivlogs6068
    @rathivlogs6068 Рік тому

    Crush hogya is ladki prr meraa

  • @simranbanwait
    @simranbanwait 5 місяців тому

    God she is so beautiful... ❤

  • @javi5980
    @javi5980 Рік тому

    It works??? 😑

  • @sumitagrawal3667
    @sumitagrawal3667 Рік тому +1

    भारत में रहती हो और हिंदी बोलने में दिक्कत होता है जो हिंदी भाषा मैं वीडियो नहीं बनाती हो।

  • @Robosci
    @Robosci 6 місяців тому

    This anchor is tooo dramatic and acting like a marketing content. She got most of it wrong. This is not an app but a framework.

  • @hintergedankee
    @hintergedankee Рік тому

    Aadhar is a bloody big failure.