CURRENT AFFAIRS

Detailed explanation-1: -Paytm Mall Becomes The First App To Go Live On ONDC’s Soft Launch. Paytm E-commerce Pvt Ltd (PEPL), which is the parent entity of Paytm Mall, has gone live on the ONDC network’s beta testing launch in Bengaluru, Karnataka.

Detailed explanation-2: -Paytm Mall becomes the first app to be on the Open Network of Digital Commerce, It came on the network while its beta testing on 16 Pincode in Bangalore. Paytm mall has gone live today on the Open Network Of Digital Commerce (ONDC) network.

Detailed explanation-3: -Logistics service provider Delhivery has announced that it is going live on the Open Network for Digital Commerce (ONDC), the government-backed e-commerce network.

Detailed explanation-4: -The Open Network for Digital Commerce (ONDC) is a government-backed project which is aimed at enabling small merchants and mom-and-pop stores in parts of the country to access processes and technologies that are typically deployed by large e-commerce platforms.

Detailed explanation-5: -Open Network for Digital Commerce, abbreviated ONDC, is a private non-profit Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT) of Government of India to develop open e-commerce.