Expecting 30-40 mn monthly transactions by March 2025: ONDC CEO Koshy

The government-backed Open Network for Digital Commerce (ONDC) is expecting 30 to 40 million monthly transactions through the platform by March 2025, its CEO T Koshy said on Wednesday.

The open network witnessed 10 million transactions in June, up from over 7 million in March.

“In March (2024) it was 7 million plus transactions. Now in June we had 10 million transactions and I think by the end of the fiscal year it should be 30 to 40 million (monthly) transactions,” Koshy said at a CII event here.