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Thampy Koshy, MD and CEO of the government-backed Open Network for Digital Commerce (ONDC), has stepped down for personal reasons. An executive committee will now lead the organization.
Koshy had joined ONDC in February 2022.
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ONDC in an official statement said, "As with any dynamic and evolving organisation, a leadership change is currently underway. Koshy has expressed his desire to step down while helping on with the change. The MD & CEO responsibilities have been transitioned to an executive committee with Koshy available to the board over the next 3 months for advise."
About ONDC
Launched in 2022, ONDC aims to make digital commerce more accessible for everyone. It now has around 7.6 lakh sellers and service providers across 616+ cities, covering sectors like food, groceries, fashion, home and kitchen, electronics, financial services, and mobility.
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The organization shared that it has crossed 200 million transactions and is on track to meet its major goals.
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