As many as 2,200 transactions have taken place on ONDC: Piyush Goyal

The government-backed Open Network for Digital Commerce (ONDC) has the ability to transform e-commerce across the whole world, and not just in India, commerce minister Piyush Goyal said Friday.

On the conflict of interest reportedly flagged by the Reserve Bank of India on the National Payments Corporation of India’s plan to acquire a stake in ONDC, Goyal said there were several investors wanting to invest in the network. “If there is a conflict of interest, then there are other investors who are interested in investing. We have enough money.”