ONDC Plans Fresh Subsidy Push To Tap Food Delivery Customers: Report

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SUMMARY

ONDC is looking to offer subsidies of INR 100-150 Cr to food delivery companies on the network

The subsidies planned could result in 80-100 Mn orders going to restaurants via ONDC

ONDC reportedly slashed the maximum limit of incentives by 84% to INR 40 Lakh from the earlier INR 2.5 Cr in September last year

The Open Network for Digital Commerce (ONDC) is reportedly planning to offer subsidies of INR 100-150 Cr to food delivery companies on the network.

These subsidies…



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ONDC Plans Fresh Subsidy Push To Tap Food Delivery Customers: Report


SUMMARY

ONDC is looking to offer subsidies of INR 100-150 Cr to food delivery companies on the network

The subsidies planned could result in 80-100 Mn orders going to restaurants via ONDC

ONDC reportedly slashed the maximum limit of incentives by 84% to INR 40 Lakh from the earlier INR 2.5 Cr in September last year

The Open Network for Digital Commerce (ONDC) is reportedly planning to offer subsidies of INR 100-150 Cr to food delivery companies on the network.

These subsidies…



Source link

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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