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ONDC Appoints Rohit Lohia as CBO Amid E-commerce Expansion Push

The government-backed Open Network for Digital Commerce has appointed Rohit Lohia as its new Chief Business Officer. Lohia brings extensive experience from his previous role as Senior Vice President at Paytm, where he drove business strategy and product development. He has also co-founded startups in the fintech space and worked with Boston Consulting Group earlier in his career. The appointment comes as ONDC aims to accelerate its mission of democratizing e-commerce in India after surpassing 200 million transactions.

Key Points: ONDC Names Rohit Lohia Chief Business Officer

  • Former Paytm SVP brings 15+ years experience in fintech and digital payments
  • Co-founded multiple startups in fintech and e-commerce sectors
  • Previously worked at Boston Consulting Group as strategy consultant
  • Aims to foster transparent access and innovation in digital commerce
2 min read

Govt-backed ONDC appoints Rohit Lohia as chief business officer

Government-backed ONDC appoints ex-Paytm executive Rohit Lohia as Chief Business Officer to drive digital commerce growth and ecosystem development.

"Together, we will empower small businesses and enable the creation of a win-win relationship between sellers and buyers - Rohit Lohia"

New Delhi, Oct 23

Government-backed e-commerce platform Open Network for Digital Commerce (ONDC) on Thursday announced the appointment of Rohit Lohia as its Chief Business Officer (CBO).

According to the company, Lohia brings deep experience across consulting, entrepreneurship, and senior leadership in fintech, payments and business operations.

He last served as senior vice president at Paytm (One97 Communications Limited), where he has been instrumental in driving business, strategy, technology, product development and risk.

He also co-founded startups in fintech and e-commerce spaces and worked at Boston Consulting Group (BCG).

Vibhor Jain, Acting CEO and COO at ONDC, said that his expertise will help the company in value creation.

"We are thrilled to welcome Rohit to the ONDC team. Rohit brings valuable experience in building and scaling new-age digital businesses. Coupled with his deep understanding of the e-commerce landscape, Rohit's expertise will help drive the ecosystem towards new unlocks and sustainable value creation through the Open Network construct," Jain said.

Lohia said his aim is to foster an ecosystem where transparent access, innovation, and operational excellence go hand in hand.

"Together, we will empower small businesses and enable the creation of a win-win relationship between sellers and buyers by unlocking value across the digital commerce landscape," Lohia noted.

ONDC was incorporated in December 2021. It is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, to create a facilitative model that revolutionises digital commerce, giving greater thrust to the penetration of retail e-commerce in India.

In April this year, T Koshy, the founding Managing Director and CEO of the ONDC, stepped down from his role.

ONDC had witnessed remarkable growth in under three years, surpassing 200 million transactions and making strong strides toward its mission of democratising e-commerce in India.

- IANS

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Reader Comments

R
Rohit P
Hope this brings more stability to ONDC after Koshy's departure. The platform has great potential but needs strong leadership to compete with Amazon and Flipkart.
A
Arjun K
Finally some good news for Indian e-commerce! ONDC can really help local kirana stores compete with big players. Excited to see where this goes! 🚀
S
Sarah B
While the appointment looks good on paper, I hope ONDC focuses more on user experience. The platform still feels clunky compared to established e-commerce apps.
V
Vikram M
200 million transactions in under 3 years is impressive! With Lohia's fintech background, ONDC could really transform digital payments for small businesses across India.
M
Michael C
Good to see experienced professionals joining government initiatives. Hope this brings more transparency and efficiency to ONDC's operations.

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