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ONDC Appoints Paytm Veteran Rohit Lohia as Chief Business Officer

The government-backed Open Network for Digital Commerce has made a key leadership appointment. Rohit Lohia joins as Chief Business Officer after serving as Senior Vice President at Paytm. He brings extensive experience from fintech, payments, and startup entrepreneurship. This move comes as ONDC continues its mission to democratize e-commerce in India.

Key Points: ONDC Names Rohit Lohia Chief Business Officer from Paytm

  • Former Paytm SVP brings fintech and payments expertise to government e-commerce platform
  • Co-founded startups in fintech and e-commerce sectors previously
  • Aims to foster transparent access and innovation in digital commerce
  • ONDC has processed over 200 million transactions since 2021 launch
2 min read

Govt-backed ONDC appoints Rohit Lohia as chief business officer

Government-backed ONDC appoints former Paytm SVP Rohit Lohia as Chief Business Officer to drive digital commerce growth and ecosystem development in India.

"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
ONDC has so much potential but the user experience needs improvement. Hope Mr. Lohia focuses on making the platform more user-friendly for both buyers and sellers. The concept is brilliant but execution matters most.
S
Sarah B
As someone who runs a small handicraft business, I'm excited about ONDC's mission. Hope this new leadership helps local sellers like me compete with big players. 🤞
A
Arjun K
200 million transactions in under 3 years is impressive! With experienced leadership like this, ONDC can truly revolutionize Indian e-commerce. Jai Hind! 🚀
M
Michael C
His background in both consulting and entrepreneurship is perfect for this role. Building something from scratch requires that dual perspective. Wishing him the best!
K
Kavya N
Hope this brings more transparency and better pricing for consumers. Current e-commerce platforms have too many hidden charges. ONDC should focus on making shopping affordable for middle-class families.

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