Mumbai (Maharashtra) [India], December 26 (ANI/PRNewswire): DBS Bank India today announced its partnership with Gofrugal Technologies Pvt. Ltd., a seller-centric platform offering Omnichannel ERP solutions. The company empowers enterprise customers, including micro, small and medium enterprises and retail merchants, to adopt Open Network for Digital Commerce (ONDC) and enables them to expand their digital commerce footprint. The partnership furthers DBS Bank India’s commitment to reimagining SME banking through innovation and providing digital solutions beyond traditional banking. It also reaffirms the bank’s focus on serving MSMEs and SMEs profitably while finding new ways to deliver better service. Reimagining SME banking by innovating digital solutions beyond traditional banking. Collaboration with Gofrugal Technologies will help micro, small and medium enterprises get on the e-commerce bandwagon. Open Network for Digital Commerce (ONDC), an initiative by the Government of India, is a platform based on an open protocol that will enable local commerce across mobility, grocery, food order and delivery, hotel booking and travel etc. The government launched ONDC in April as an alternative to global e-commerce giants that currently enjoy the bulk of the market share in India. The platform aims to create new opportunities by offering MSMEs a level playing field. ONDC will… Read full this story
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