Ola set to enter grocery delivery service again, this time through ONDC

Quick Summary:

The company processes between 15,000 to 20,000 food orders daily and accounts for nearly one-third of the demand in significant markets such as Delhi-NCR and Bengaluru, the report said, citing sources.

While food delivery orders have declined, other categories such as grocery, fashion, home, and kitchen have seen increased activity.

Currently, Ola has established itself as the second-largest buyer-side platform for food delivery on ONDC, following Magicpin.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Mobility transactions Ola Grocery delivery Government initiative Bhavish Aggarwal Open Network for Digital Commerce Capital investments Retail transactions Amazon Meesho Moneycontrol Ola Dash Paytm Zomato User-friendly technology Women entrepreneurs ONDC Delhi-NCR Online retail sector Magicpin Swiggy Flipkart Bill and Melinda Gates Foundation Kirana stores Vocational training CSR PhonePe E-commerce Hindustan Unilever Bengaluru Dark stores Shiprocket Nasscom Foundation JSW Foundation Food delivery

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 14:05:21 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 550 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21408448

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