After 6-minute loans, ONDC to offer sachetised insurance, micro-investments services

The Open Network for Digital Commerce (ONDC), an interoperable network initially launched by the government to increase e-commerce penetration in the country, will soon also offer sachetised insurance and investment products to users.

This comes after the company, on 22 August, debuted into the financial services sector offering digital and paperless loans in just six minutes to both salaried and self-employed individuals, through its network of nine service providers and three lenders.