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.