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India’s open e-commerce network expands to B2B transactions – TechCrunch

India’s open e-commerce network expands to B2B transactions – TechCrunch

The Indian government-backed open e-commerce network has been expanded to facilitate business-to-business (B2B) transactions — months after enabling transactions between consumers and merchants over the open network protocol and widening its reach to the mobility sector.On Monday, the Open Network for Digital Commerce — commonly called ONDC — launched B2B transactions on its interoperable network. Rapidor, a business automation platform based in Kerala, and SignCatch, a SaaS payments startup based in New Delhi, have come on the network to start B2B transactions between them.During the testing phase that began last month, both startups conducted about 160 cross-transactions on the open network.… 

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