Easy Trip Planners signs letter of intent to join ONDC
EaseMyTrip's decision to join ONDC underscores its dedication to providing seamless, accessible, and efficient travel services while contributing to the broader goal of democratising digital commerce in India, the company said.
Travel tech platform For Easy Trip Planners Ltd on Tuesday said it has signed a letter of intent to join the Open Network for Digital Commerce (ONDC).
The letter of intent (LOI) was signed at the 'ONDC Startup Mahotsav,' organised by the Department for Promotion of Industry and Internal Trade (DPIIT), ONDC and Startup India on May 17, 2024, Easy Trip Planners which operates under the brand EaseMyTrip, said in a regulatory filing.
"By joining ONDC Network, we are taking a significant step towards supporting the digital transformation of commerce in India. This collaboration aligns with our vision of being a nation-first company, contributing to the growth and development of India's digital economy," EaseMyTrip Co-Founder Rikant Pittie said.
EaseMyTrip's decision to join ONDC underscores its dedication to providing seamless, accessible, and efficient travel services while contributing to the broader goal of democratising digital commerce in India, the company said.
"With names like EaseMyTrip joining the network, it certainly further strengthens our vision of harnessing the power of Open Network to drive inclusive progress and unlock new frontiers of opportunity for all," ONDC Managing Director & Chief Executive Officer T Koshy said.
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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
02:30 PM IST