Bengaluru: Plotch.ai, a leading AI-based digital transformation enabler, has facilitated the launch of major e-commerce 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 commerce in India and take it to another level in this decade. Over 50 crore customers are expected to buy from 1.5 crore sellers monthly, translating into orders worth Rs 100 crore.
Plotch.ai has also been instrumental in powering Craftsvilla and Spicemoney’s Spicesmartshop as buyer app nodes on the ONDC network. Plotch is also 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 expanding 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 e-commerce SaaS product focused 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.
About Plotch.ai: Founded in 2020, It is an AI-enabled e-commerce SaaS product focusing 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. Plotch.ai is a leader in ONDC enablement and has built-in technology support for businesses to launch their e-commerce buyer or seller app nodes on the ONDC network very quickly. Plotch.ai has marquee clients like Meesho, IDFC Bank, Innoviti, Spicemoney and more. Plotch.ai is a technology offshoot of Craftsvilla.com and has been enriched by 10+ years of real e-commerce experience.
Manoj and Monica Gupta are co-founders of Plotch.ai. Manoj and Monica also co-founded Craftsvilla.com, an online marketplace focused on ethnic products.