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

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  • čas přidán 27. 08. 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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Komentáře • 176

  • @moneycontrol
    @moneycontrol  Před 2 lety +2

    ALSO WATCH | The Tenant | What makes Bandra tick for a tenant who is single?
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  • @apurvanand9712
    @apurvanand9712 Před rokem +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 Před 2 lety +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 Před 2 lety +2

      U r so funny bro

    • @thereeltoreal
      @thereeltoreal Před rokem +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 Před rokem

      @@thereeltoreal can u explain bro...

    • @SauravKumar-ui4eb
      @SauravKumar-ui4eb Před rokem +1

      Not that simple bro, chill

    • @himanshubhardwaj7082
      @himanshubhardwaj7082 Před rokem +1

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

  • @AN-jd2yp
    @AN-jd2yp Před 2 lety +28

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

    • @msgstoas
      @msgstoas Před rokem +5

      Ambani ne jada paisa diya

    • @IASachin
      @IASachin Před 6 měsíci +1

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

  • @prasoontanay
    @prasoontanay Před 2 lety +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 Před rokem

      Doesn’t it’s a app?

    • @sree1010
      @sree1010 Před rokem

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

  • @bkmarksuser
    @bkmarksuser Před rokem +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👏

  • @hritik25m19
    @hritik25m19 Před rokem +7

    She is an underrated journalist

  • @madhurkhanna94
    @madhurkhanna94 Před 2 lety +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 Před rokem

      Amazon will buy ONDC soon

    • @Akshay12909
      @Akshay12909 Před rokem +1

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

    • @nsn2284
      @nsn2284 Před rokem

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

  • @nitheshms6515
    @nitheshms6515 Před 2 lety +11

    ONDC is not an app. check your info

  • @indian256
    @indian256 Před 2 lety +8

    good to see you in moneycontrol.

  • @mohammedsadath3589
    @mohammedsadath3589 Před rokem +4

    This is mouth watering.

  • @IndicThoughts8
    @IndicThoughts8 Před 2 lety +4

    Well done Nandan Sir keep going 🤝👍

  • @ranodeepmukherjee6681
    @ranodeepmukherjee6681 Před rokem +1

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

  • @Nawazkhan-bm3cs
    @Nawazkhan-bm3cs Před rokem +3

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

  • @shashank_jhajharia
    @shashank_jhajharia Před rokem +2

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

  • @ritik022
    @ritik022 Před rokem +3

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

  • @tubester2023
    @tubester2023 Před 2 lety +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 Před 2 lety +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 Před 2 lety +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 Před rokem

      I think there is validity in both these arguments.

    • @nsn2284
      @nsn2284 Před rokem

      Yes ONDC will fail

    • @SDW3-6-9
      @SDW3-6-9 Před rokem

      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!!

  • @subhasisbandyopadhyay1789

    Easy way to explain, excellent

  • @AeonMusicRecord
    @AeonMusicRecord Před 2 měsíci

    good report

  • @charannazre3403
    @charannazre3403 Před 2 lety +5

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

  • @vikaspandey9481
    @vikaspandey9481 Před rokem +2

    Well explained 👏

  • @classydecor9867
    @classydecor9867 Před 2 lety +1

    Excellent explanation.. NYC

  • @2sridhark
    @2sridhark Před rokem

    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.

  • @CaptSexyy
    @CaptSexyy Před rokem +1

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

  • @sakshamjain8611
    @sakshamjain8611 Před rokem +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 Před rokem

      Me also seeking same

    • @sree1010
      @sree1010 Před rokem

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

  • @BoatRocker619
    @BoatRocker619 Před rokem

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

    • @nsn2284
      @nsn2284 Před rokem

      Cool down. Ondc is a failure

  • @sandeepsinghchauhan9397

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

  • @kaushallagrawal6684
    @kaushallagrawal6684 Před rokem

    Thanku for clear cut explanation

  • @keshavjain4829
    @keshavjain4829 Před rokem

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

  • @themowgli123
    @themowgli123 Před rokem

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

  • @jishu1998
    @jishu1998 Před rokem +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

  • @latvork3044
    @latvork3044 Před 2 lety +3

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

    • @Aer0nfps
      @Aer0nfps Před 9 měsíci

      bro zomato se toh sasta hi milega.

  • @suraj.limba80
    @suraj.limba80 Před 2 lety +1

    When will it start

  • @abhayrawat1598
    @abhayrawat1598 Před 5 měsíci

    Great Video

  • @lokkallmokkall8426
    @lokkallmokkall8426 Před 5 měsíci

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

  • @VaibhavShewale
    @VaibhavShewale Před rokem +1

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

  • @breathinglife2938
    @breathinglife2938 Před rokem

    awesome explanation

  • @sajithchannadathu7902

    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

  • @yossarian2909
    @yossarian2909 Před rokem +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 Před rokem

      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 Před rokem

      ​@@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.

  • @deshmukhsantosh
    @deshmukhsantosh Před 9 měsíci

    TRULY DEMOCRATISING ECOMMERCE

  • @C01A60
    @C01A60 Před rokem

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

  • @Aer0nfps
    @Aer0nfps Před 9 měsíci

    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

  • @vishanttyagi4343
    @vishanttyagi4343 Před rokem

    Nice explanations

  • @prk3136
    @prk3136 Před 2 lety

    Good information...

  • @rishabhkumardwivedi
    @rishabhkumardwivedi Před rokem +1

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

  • @DEEPAKGAUTAM
    @DEEPAKGAUTAM Před 2 lety +3

    ❤️❤️❤️

  • @manishjain9121
    @manishjain9121 Před rokem

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

  • @suraj.limba80
    @suraj.limba80 Před 2 lety

    Wait kr rahe h

  • @hiranyabhbaishya1460
    @hiranyabhbaishya1460 Před rokem

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

  • @samar3226
    @samar3226 Před rokem

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

  • @suryas9570
    @suryas9570 Před rokem

    Is this company listed in share market??

  • @bhargavreddy7038
    @bhargavreddy7038 Před 2 lety

    google couldn't do this good luck ondc

  • @cryptonianbond
    @cryptonianbond Před 2 lety

    Madam kya boli pata nai par Sundar hain. 🚀

  • @ramprasaddas8766
    @ramprasaddas8766 Před rokem

    When the ONDC start in India

  • @Shishiraithal
    @Shishiraithal Před 2 lety +3

    So pretty😍❤

    • @JoKeR-152
      @JoKeR-152 Před 2 lety

      Shadi kar le 🤣 (Joke kar raha hu)

    • @ethlanrete6736
      @ethlanrete6736 Před 2 lety

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

  • @marketgurutheeconomist7278

    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 Před rokem

      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😂😂

  • @kumar_56745
    @kumar_56745 Před rokem

    Ondc is not an app but a platform

  • @Masti_zaade_adda
    @Masti_zaade_adda Před rokem

    Ladki explain bada acha karti hai 😌👏🏻

  • @pradeepkumar-my7hq
    @pradeepkumar-my7hq Před rokem

    Can we get franchise

  • @SumanMishrathoughtsarefree

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

  • @sumitagrawal3667
    @sumitagrawal3667 Před rokem +1

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

  • @Delhi_Guy
    @Delhi_Guy Před rokem

    As they say one ring to rule all rings.

  • @vishallathiya8511
    @vishallathiya8511 Před rokem

    New update kya he

  • @ratnadeepsaha7675
    @ratnadeepsaha7675 Před 4 měsíci

    Wrong information shared. Do your research properly.

  • @hisarhr20
    @hisarhr20 Před rokem

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

  • @user-ke2mi8vh6o
    @user-ke2mi8vh6o Před rokem

    How to register my reusdent

  • @julu89
    @julu89 Před rokem

    beautifully done @moneycontrol and Sonal

  • @bharatsangam2200
    @bharatsangam2200 Před 2 lety +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 ...

  • @drdillipdalai2414
    @drdillipdalai2414 Před rokem

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

  • @sree1010
    @sree1010 Před rokem

    There is no app as ONDC.

  • @Noone-if2wz
    @Noone-if2wz Před rokem +1

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

  • @Voice_of_Islam_0786
    @Voice_of_Islam_0786 Před 5 měsíci +1

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

  • @ramanujlal
    @ramanujlal Před rokem

    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 Před rokem

    Even tata cliq stopped selling electronics

  • @rohandas7203
    @rohandas7203 Před rokem

    It just like Skyscanner

  • @svsnsuresh7040
    @svsnsuresh7040 Před 2 lety

    Perfectly explained.... 😀

  • @manojb5957
    @manojb5957 Před rokem +1

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

  • @arindamsarkar7909
    @arindamsarkar7909 Před 2 lety +1

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

    • @vibhorejaiswal2997
      @vibhorejaiswal2997 Před 2 lety

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

    • @shivam_nagar69
      @shivam_nagar69 Před rokem

      not gonna happen

  • @prabhagg5966
    @prabhagg5966 Před rokem

  • @CurrentAffairswithBinnu

    Very good explanation…

  • @BlessBeing
    @BlessBeing Před rokem

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

  • @Gyana.Ranjan
    @Gyana.Ranjan Před 2 lety +1

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

    • @ethlanrete6736
      @ethlanrete6736 Před 2 lety +1

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

    • @Akshay12909
      @Akshay12909 Před rokem +2

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

  • @TheGuruNetOn
    @TheGuruNetOn Před rokem

    GeM network for public??!!

  • @n0wWhat
    @n0wWhat Před 2 lety +3

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

    • @ethlanrete6736
      @ethlanrete6736 Před 2 lety +4

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

    • @MrSaransh
      @MrSaransh Před 2 lety

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

    • @Soya8827
      @Soya8827 Před rokem

      @@ethlanrete6736 actually you don't know that

  • @onebitstory
    @onebitstory Před rokem

    people hate these kinds of apps

  • @HARSHSINGH-yo1fp
    @HARSHSINGH-yo1fp Před rokem

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

  • @adityapatnaik7078
    @adityapatnaik7078 Před 2 lety +1

    Over acting ?

  • @shaikusman536
    @shaikusman536 Před 2 lety +2

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

    • @pratikpratik8495
      @pratikpratik8495 Před 2 lety

      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 Před rokem +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.

  • @uvnok
    @uvnok Před rokem

    She left ndtv??

  • @imabadguy
    @imabadguy Před 5 měsíci

    Maam bohot sundar ho ap😅

  • @javi5980
    @javi5980 Před rokem

    It works??? 😑

  • @rathivlogs6068
    @rathivlogs6068 Před rokem

    Crush hogya is ladki prr meraa

  • @Robosci
    @Robosci Před 6 měsíci

    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.

  • @akashsonkar4663
    @akashsonkar4663 Před rokem

    For ondc ragistration content me

  • @RatanKumar-zw1on
    @RatanKumar-zw1on Před 2 lety +3

    Sonal missing You on NDTV......

  • @CompetitionPill
    @CompetitionPill Před 2 lety

    It sounds too idealistic idea

  • @SaralaKarya_Raja
    @SaralaKarya_Raja Před rokem

    👌👍👏🙏🚩

  • @happyhappy-vv8fd
    @happyhappy-vv8fd Před 2 lety

    I love u

  • @simranbanwait
    @simranbanwait Před 5 měsíci

    God she is so beautiful... ❤

  • @shwetagoyal9279
    @shwetagoyal9279 Před rokem

    ONDC is not an App. Please fact check.