<ul><li>T Koshy, the founding CEO and MD of government-backed Open Network for Digital Commerce (ONDC), has stepped down from his role.</li><li>An executive committee will now take the lead of the e-commerce platform, with Koshy available to the board for the next three months in an advisory role.</li><li>ONDC, launched in 2021, aims to make digital commerce accessible to smaller players and has surpassed 200 million transactions. It will continue to perform well and work towards achieving its key milestones.</li><li>ONDC operates as a not-for-profit entity and has formulated standards for voluntary adoption by sellers, logistics providers, and payment gateway operators.</li></ul>

T Koshy Steps Down As ONDC Chief, Executive Panel To Take The Helm

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