Uber has announced a significant move in the Indian market by signing a Memorandum of Understanding (MoU) with the Open Network for Digital Commerce (ONDC). The collaboration aims to explore integration opportunities within the ONDC network to broaden the scope of mobility services available through the Uber app.
The ONDC, established by the Department for Promotion of Industry and Internal Trade of the Government of India, operates as a private non-profit organization. Its mission aligns with Uber’s goal of providing safe, affordable, and reliable transportation options to all Indians.
Dara Khosrowshahi, Uber’s global CEO, emphasized the company’s keen interest in open-source technology stacks and highlighted the potential they offer for innovation and collaboration among diverse stakeholders. The partnership with ONDC reflects Uber’s commitment to leveraging evolving technological ecosystems to enhance mobility solutions.
T Koshy, MD & CEO of ONDC, expressed optimism about the collaboration, highlighting the significance of integrating diverse mobility solutions within the ONDC framework. The partnership represents a strategic step forward in fostering innovation and introducing new business models to benefit Indian consumers.
ONDC, an initiative supported by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Government of India, aims to revolutionize digital commerce by promoting open, unbundled, and interoperable networks.
Through this partnership, Uber aims to contribute to the evolution of India’s digital commerce landscape while providing enhanced mobility options to a diverse population. The MoU signifies a collaborative effort towards driving inclusive growth and innovation in the mobility, transport, and travel sector in India.