EaseMyTrip has signed a Letter of Intent (LOI) to join the Open Network for Digital Commerce (ONDC). This move positions EaseMyTrip into committing to this transformative initiative by ONDC. The ONDC initiative, launched by the Government of India in 2021, aims to create an open, inclusive, and competitive digital commerce ecosystem. It lowers entry barriers for small businesses and promotes a level playing field in the e-commerce sector.
Over 125 startups and over 20 unicorns, including EaseMyTrip, participated in the event, which leveraged the opportunities presented by ONDC to democratise digital commerce in India. The ‘ONDC Startup Mahotsav’ brought together around 5,000 startups in hybrid mode and featured insightful panel discussions and a masterclass on enabling startups on ONDC.
Easy Trip Planners (EaseMyTrip) is the second largest online travel agency in India in terms of gross revenue.
Company Name | CMP |
---|---|
IRCTC | 788.35 |
Transcorp Intl. | 31.57 |
Thomas Cook (India) | 198.20 |
TBO Tek | 1664.35 |
Le Travenues Techno | 164.25 |
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