ONDC’s “Build for Bharat” initiative: Funding, mentorship, and a platform for startups to revolutionize India’s digital marketplace. Join now!
In a bold move to democratize the digital commerce landscape and unlock India’s entrepreneurial potential, the Open Network for Digital Commerce (ONDC) has launched the “Build for Bharat” initiative. This nationwide program aims to empower startups, companies, and even college students to develop innovative solutions that address key challenges in the digital commerce ecosystem, fostering a more inclusive and accessible online marketplace for all.
Fueling Innovation, One Challenge at a Time:
“Build for Bharat” is not a singular competition, but rather a three-pronged approach to tackling diverse needs within the digital commerce space. Each track is designed to cater to specific participant groups and their aspirations:
- NextGen Ventures: This track is tailor-made for established startups seeking to scale their solutions on the ONDC platform. Winners can secure up to INR 5 crore in equity-free grants and gain valuable mentorship from industry stalwarts and Antler India, a leading venture builder. Additionally, Google Cloud India will provide shortlisted teams with cloud credits and expert technical guidance, propelling their ventures towards success.
- Scalable Solutions: This track focuses on identifying solutions that address specific friction points faced by network participants on ONDC. Winners will receive cloud credits from Google Cloud India, along with the opportunity to collaborate with leading industry players and integrate their solutions into the ONDC ecosystem, driving widespread adoption and impact.
- Foundation Solutions: Recognizing the immense talent pool within India’s educational institutions, this track empowers college students to develop innovative concepts for the digital commerce space. Winning teams will receive mentorship and incubation support to refine their ideas and potentially transform them into viable businesses.
More than Prizes, a Pathway to Transformation:
“Build for Bharat” goes beyond mere financial incentives. It offers participants a unique platform to:
- Access a vast network: With an expected participation of over 200,000 individuals across 50+ cities, the initiative fosters collaboration and knowledge exchange, connecting participants with potential mentors, investors, and industry leaders.
- Gain practical experience: The program provides hands-on experience in developing and deploying solutions on the ONDC platform, equipping participants with valuable skills and insights for their future careers in the digital commerce domain.
- Shape the future of digital commerce: By participating in “Build for Bharat,” startups and individuals have the opportunity to directly influence the evolution of the ONDC network, contributing to a more inclusive and democratic digital marketplace for all Indians.
A Call to Action for All:
From budding entrepreneurs to seasoned technology veterans, “Build for Bharat” extends an open invitation to all those who share a vision for a more equitable and efficient digital commerce landscape. Whether you have a revolutionary idea brewing in your mind or possess the expertise to refine existing solutions, this initiative offers a platform to turn your vision into reality and contribute to shaping India’s digital future.
The “Build for Bharat” initiative marks a significant milestone in ONDC’s journey towards democratizing digital commerce in India. With its focus on empowering startups, fostering innovation, and promoting inclusivity, the program promises to unlock the immense potential of India’s entrepreneurial spirit and pave the way for a more vibrant and accessible digital marketplace for all.
So, if you are a passionate innovator, a driven entrepreneur, or simply someone who believes in the power of technology to transform lives, join the “Build for Bharat” movement and be a part of shaping the future of digital commerce in India.
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