Stock valuation justified by dominant market position, unique business moats, and tailwinds from digital penetration
Among new investment themes that have emerged from renewable energy to artificial intelligence, the one that can’t be missed is India’s digital journey and Protean is the best stock to play the same
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said the ONDC was set up primarily to democratise and make digital commerce accessible to smaller players
Protean’s dominant market position in the e-governance space, unique business moats, and tailwinds from growing digital penetration are positives
Highlighting the importance of artificial intelligence in today's time, the HUL CEO pointed out how AI has helped the company create customised offers by using data analytics and algorithms
This new issue is a unique play on rising digital adoption in India
With ONDC, the government hopes to increase e-commerce penetration in the country to 25 percent in the next two years
As the government's ambitious Open Network for Digital Commerce platform completes a year, Moneycontrol takes a look at how it has grown, its foundational policies, sectors that are performing well, the challenges it faces and what its future holds
Even as ONDC prepares for a public launch in September, it has started the groundwork for enabling business-to-business commerce transactions on the network
Open Network for Digital Commerce is not taking anybody’s market but is collectively attacking a larger market. Large e-commerce companies cannot claim their superiority over other companies, Koshy says.
ONDC is building a digital network for the e-commerce industry that allows any seller to connect with any buyer in India
The open e-commerce network is currently in its pilot stage in five cities and is not charging any fees from consumers
The Indian open network for e-commerce is also exploring ways to build a system that will help the FMCG companies offer separate deals and price points to distributors, retailers and individual consumers
Open Network for Digital Commerce (ONDC) is an initiative of the Ministry of Commerce and Industry to promote open networks for all aspects of the exchange of goods and services over digital networks.