Aiming to Turbocharge Digital Transformation Among Small Businesses in India, the Open Network for Digital Commerce (ONDC) has teamed up with Meta-the owner of Facebook and Instagram. When combined with Meta’s myriad of business and technical solution providers, this partnership will completely change the way small business operators participate in digital commerce through WhatsApp by creating conversational buyer-buyer experiences.
The first objective of this cooperation is to facilitate and instruct small business owners, so they can take the advantage for themselves. The partnership aims to build an ecosystem in which buyers and sellers can interact easily, through the popular WhatsApp messaging platform. It is believed that this will promote business development.
Business solution providers are becoming seller apps, a crucial element of this partnership. These apps will be bridges, bringing the shops they serve onto the ONDC network. This integration will open up a wealth of digital tools and resources to small businesses, enabling them to better compete in today’s high-tech world.
The partnership plans to upscale 500,000 Ministry of Micro, Small and Medium Enterprises (MSMEs) on a digital scale over the next two years toward achieving Digital Public Infrastructure. This bold program is aimed at leading small businesses through the digital era, creating growth and sustainability.
The Vice President of Meta India stated, ‘Our partnership with ONDC furthers the government’s vision for Digital Public Infrastructure (DPI). This complements our ongoing efforts to skill small businesses and fosters this rapid digital transformation story happening across the country.’
But this collaboration isn’t limited to providing a base; it is an ongoing strategy aimed at helping small firms through education and technological assistance. The goal is to help the smallest firms negotiate their way through this maze and fill in the gaps caused by digital divides.
Koshy, the CEO of ONDC, emphasized the transformative impact of the collaboration, stating, “Our partnership with Meta will not only digitally upskill these businesses but will also enable them to connect with a customer base far and wide.” The CEO’s words underscore the broader vision of the partnership: to arm small businesses with the weapons they need not only survive but succeed in today’s digital age.
With the digital world constantly changing, linkups such as ONDC and Meta have become vital in an open ecosystem of equal opportunity for small businesses. This collaboration will give small businesses easy access to digital resources, education and an enormous customer base. It promises to lead the small outfits right into the front lines of India’s New Digital Economy-a new pathway for sustainable growth in business.
Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.
