Ola Electric Products To Launch On ONDC Network Next Week: Bhavish Aggarwal
"ONDC is the future of commerce," Ola Co-Founder further said on X.
Ola Co-Founder Bhavish Aggarwal announced on Thursday that Ola Electric products will be available on the Open Network for Digital Commerce, also known as the ONDC Network, from next week.
Earlier on Aug. 15, Ola Electric Mobility Ltd., the EV arm of the Bengaluru-based company, launched its first motorcycle lineup—the Roadster series—and teased two more motorcycles at an event. The company also announced the rebranding of Ola Cabs to Ola Consumers.
"All @OlaElectric products will be available on ONDC from next week onwards. @ONDC_Official @KoshyTK," Aggarwal shared on X.
"ONDC is the future of commerce," he further said.
ONDC is an open network that connects all kinds of sellers and buyers across India on one truly transparent network. The government-backed open network, which crossed 1.2 crore monthly e-commerce transactions, aims to achieve 3–4 crore transactions by the end of this financial year, according to Managing Director and Chief Executive Officer T Koshy.
“We have already crossed 12 million (1.2 crore) transactions in July; slowly, this number will increase. I am expecting that we will touch 30–40 million (3–4 crore) transactions by the end of this financial year,” Koshy told NDTV Profit on the sidelines of its credit financial services launch on Thursday.
