ONDC achieves highest-ever monthly transactions with 8.9 million in May 2024

The Open Network for Digital Commerce (ONDC) announced to achieve an all-time high of 8.9 million transactions across retail and ride-hailing segments in May 2024. This milestone marks a significant 23 per cent month-on-month growth in total transaction volume.

Open Network for Digital Commerce (ONDC), an ecommerce platfrom runned by the Indian government has said that it has recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments in May 2024. This has further represented a robust growth of 23 per cent month-on-month in total transaction volume, the official statement from the company stated. 

The statement further said that in the retail segment, the ONDC has hit a new peak of 5 million orders in May, which is a growth when compared the numbers of april (i.e., 3.59 million). The network also saw a single-day record of 200,000 retail transactions during the month.