What is ONDC and how it will change the E-COMMERCE BUSINESS? Amazon, Zomato, Uber killer

In this video, we have discussed on how ONDC (Open Network for Digital Commerce) as a non-profit company aiming to disrupt the Duopoly of Zomato and Swiggy in the Indian food delivery market and potentially the entire e-commerce industry.

ONDC allows seller apps and buyer apps to connect seamlessly, offering more choices and lower commissions for restaurants compared to Zomato and Swiggy. Zomato and Swiggy, though still dominant, will need to adapt to the ONDC revolution. Share your thoughts on the same with us in the comments below!

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TIMESTAMPS:
0:00 - 0:22 - Intro
0:22 - 0:35 - What is duopoly with examples?
0:35 - 1:13 - Why ONDC is cheaper than Zomato, Swiggy?
1:13 - 1:48 - What is ONDC?
1:48- 2:32 - E-commerce model explained
2:32 - 3:33 - Why Zomato and Swiggy is failing?
3:33 - 4:53 - How ONDC works?
4:53 - 6:03 - Why restaurants want to join ONDC?
6:03 - 7:03 - Can ONDC eliminate Zomato & Swiggy?
7:03 - 7:31 - Conclusion

Edited by: @kyuriouskarthik

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