India, March 24 -- State-backed network ONDC has crossed the 200 Mn milestone over 2 years after starting operations in January 2023.

The network, which has been consistently positioning itself as the UPI moment for ecommerce, said in a statement that it took 20 months (January 2023 to August 2024) to reach the 100 Mn transactions milestone. However, it crossed the next 100 Mn transactions mark in just six months.

The DPIIT-backed Section 8 company said that attaining the 200 Mn milestone is a testament to it transitioning from an ambitious initiative to a nationwide movement.

"Crossing 200 Mn transactions is more than just a milestone - it shows a paradigm shift in the way buyers and sellers are looking at digital commerce today. The ...