Ola has joined ONDC for food delivery services; testing feature within its app for a small number of users. Ola may appoint a CEO for its cab business, possibly an ex-Unilever executive. Ola Cabs saw its losses widen to INR 3,082 crore in 2021-22.
ONDC is an interoperable network based on the BeckN protocol that anyone can piggyback on. It seeks to break down silos in digital commerce by enabling platforms of varying configurations (big or small) to connect and operate seamlessly on it.
It is expected that the ONDC food delivery platform will offer tough competition to apps such as Swiggy and Zomato, as it will be offering lower prices and no delivery charge.