Feb 8, 2023,Bengaluru, India: Plotch.ai, a premier provider of AI-powered digital transformation solutions, has enabled the introduction of e-commerce giant Meesho and IDFC First bank onto the ONDC platform through its comprehensive SaaS offering. Meesho and IDFC First bank have become part of the ONDC network as buyer app nodes, aimed at attracting customers to the platform.
ONDC is a government-backed network that operates on an open protocol and aims to promote local commerce across various industries and segments. It seeks to create new business opportunities and counteract digital monopolies, thereby supporting the growth of small enterprises.
Speaking on the launches, Manoj Gupta, CEO of Plotch.ai, said, “We are seeing an explosive demand for launching buyer and seller app nodes on ONDC and we believe a technology enabler like ourselves will be able to seamlessly onboard nodes on the network. Plotch.ai looks to facilitate several such launches in the coming months.” He further added that ONDC is expected to transform ecommerce in India and take it to another level in this decade. It expected that over 50 crore customers are buying from 1.5 crore sellers every month translating into orders worth Rs 100 crore every month.
Plotch.ai has played a key role in enabling Craftsvilla and Spicemoney’s Spicesmartshop to launch as buyer app nodes on the ONDC network. The company is also in the process of launching three seller app nodes, which will greatly expand the product offerings on the network.
“We are excited about the role Plotch.ai is playing in the expansion of the ONDC as a Technology Service Provider to ensure successful operations for network participants. We invite all citizens of India to start buying from ONDC compliant buyer applications and help us scale the network”, says T Koshy, Managing Director, Chief Executive Officer, ONDC.
Plotch.ai, an AI-powered ecommerce SaaS solution, was founded by Manoj and Monica Gupta, who are also the founders of Craftsvilla. The company focuses on digitally transforming commerce-based businesses.
With Plotch.ai, any business can effortlessly launch, manage, and automate an online operation, regardless of its type, nature, or complexity. This includes online marketplaces, hyperlocal commerce, direct-to-consumer, omnichannel, and business-to-business models.