Plotch.ai, a leading AI-based digital transformation enabler, has facilitated the launch of e-commerce major Meesho and IDFC First bank on the ONDC platform through its full-stack SaaS solution. Meesho and IDFC First bank have joined the ONDC network as buyer app nodes to help bring customers onto the network.
ONDC is a Government-backed network based on an open protocol created to help local commerce across industries and segments scale and grow. The platform would create new opportunities and aims to curb digital monopolies thereby supporting the growth of small businesses.
Speaking on the launches, Manoj Gupta, CEO of Plotch.ai, said, “We are seeing 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 is 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 also been instrumental in powering Craftsvilla and Spicemoney’s Spicesmartshop as buyer app nodes on the ONDC network. Plotch is also in process of launching three seller app nodes on the ONDC network which will drastically increase the number of products 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.
Founded by the husband-wife duo and founders of the E-commerce platform Craftsvilla Manoj and Monica Gupta, Plotch.ai is an AI-enabled ecommerce SaaS product with a focus on the digital transformation of commerce-led businesses.
Using Plotch.ai, any company can launch, operate and automate an online business of any type, nature and complexity including an online marketplace, hyperlocal, D2C, omnichannel and B2B.
