Two years since its launch, ONDC is struggling to achieve scale. At a time when its venture capital-backed e-commerce rivals are reducing cash burn, the platforms strategy is raising a few important concerns.
The Bengaluru-based startup has begun piloting with ONDC since August with an ‘ONDC Food feature newly embedded within the Ola app, multiple sources have told ET. The feature is currently in pilot phase and is open to Ola employees only.
Its still not clear whether the new CEO will lead ANI Technologies, the incorporated entity that runs Ola Cabs and its subsidiaries, including Ola Financial Services, or just the core cab hailing business.