India’s ecommerce market will get on a trajectory to exceed $350 billion by 2030.
This marketing campaign is focused at equipping corporations by supplying them with straight accessibility to the Open Network for Digital Commerce (ONDC), allowing them to show their gadgets to a broad community of attainable purchasers.
In-Solutions Global (ISG), in collaboration with JP Morgan Payments, has truly launched the “ONDC Made Easy” choice on the Global Fintech Fest 2024, to democratise India’s swiftly rising digital enterprise panorama forecasted to exceed $350 billion by 2030.
This marketing campaign is focused at equipping corporations by supplying them with straight accessibility to the Open Network for Digital Commerce (ONDC), allowing them to show their gadgets to a broad community of attainable purchasers.
The ONDC community, an open marketing campaign backed by the Government of India, is swiftly ending up being the muse of India’s digital financial state of affairs, presently organizing higher than 35,000 distributors and providing over 3.8 million SKUs all through 236 cities. The community refined over 12 million group purchases in July 2024 alone.
Guhaprasath Rajagopal, Managing Director & & Head of India Payments, JP Morgan, claimed &, “India’s e-commerce industry is on a trajectory to surpass $350 billion by 2030. Supporting our clients’ digital journey in this high-growth environment is a priority for us.”
T Koshy, Managing Director & CHIEF EXECUTIVE OFFICER, ONDC, claimed, “Every participant who joins ONDC brings unique value, expanding choices for buyers and sellers alike. JP Morgan’s partnership with ISG to facilitate the participation of their corporate clients in ONDC is a testament to the diverse and dynamic nature of the ONDC ecosystem. We are excited to see the positive impact this will have on the digital commerce landscape.”
Adelia Castelino,Co – creator & Managing Director at ISG, claimed,“Our collaboration with JP Morgan in the Asia Pacific region has already demonstrated our capability to deliver secure and efficient payment solutions.”
ISG and JPMorgan have truly previously labored collectively to extend digital repayments within the Asia Pacific space.
