PhonePe to launch a grocery delivery app for ONDC

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Walmart-owned fintech PhonePe plans to enter the government’s Open Network for Digital Commerce (ONDC) with a consumer-facing app to further its ecommerce ambitions. In this regard, PhonePe is developing an unnamed hyperlocal grocery delivery app.

PhonePe is currently being tested in Bengaluru, and the app will compete with Zepto, Dunzo, Blinkit, Swiggy Instamart, and, most importantly, Flipkart Quick. At an ONDC meeting in February 2022, the Walmart-owned fintech startup expressed its desire to facilitate ecommerce. “PhonePe will play the role of buyer and seller application on ONDC,” said Vivek Lohcheb, VP, offline business at PhonePe. We will enable Grocery and F&B in Bengaluru during the first phase of the launch. Thousands of merchants will profit easily from ONDC.”

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PhonePe to launch a grocery delivery app for ONDC

Walmart-owned fintech PhonePe plans to enter the government’s Open Network for Digital Commerce (ONDC) with a consumer-facing app to further its ecommerce ambitions. In this regard, PhonePe is developing an unnamed hyperlocal grocery delivery app.

PhonePe is currently being tested in Bengaluru, and the app will compete with Zepto, Dunzo, Blinkit, Swiggy Instamart, and, most importantly, Flipkart Quick. At an ONDC meeting in February 2022, the Walmart-owned fintech startup expressed its desire to facilitate ecommerce. “PhonePe will play the role of buyer and seller application on ONDC,” said Vivek Lohcheb, VP, offline business at PhonePe. We will enable Grocery and F&B in Bengaluru during the first phase of the launch. Thousands of merchants will profit easily from ONDC.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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