NPCI in talks to acquire 10% stake in ONDC: Reports
The National Payments Corporation of India (NPCI) is reportedly in talks to acquire a 10% stake in Open Network for Digital Commerce (ONDC), India's open source platform for e-commerce. Reportedly, the Bank of India is also looking to acquire a 5-7% stake in the company. ONDC currently has 17 stakeholders and is aiming to have 20.