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ONDC Chief Thampy Koshy to step down

  • Thampy Koshy, the managing director and chief executive of the Open Network for Digital Commerce (ONDC), has stepped down after a three-year tenure.
  • Koshy's responsibilities have been transferred to an executive committee, with him providing advisory support to the board for the next three months.
  • The ONDC aims to connect sellers and buyer apps across various sectors, enabling smaller businesses to compete against industry giants in the ecommerce space.
  • The network reached 200 million transactions in March, primarily driven by sectors including F&B, retail, grocery, logistics, and mobility.

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