About Open Network for Digital Commerce
Data last updated:
Open Network for Digital Commerce is a private not for profit company based in New Delhi, Delhi, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 30 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85300DL2021NPL391850.
The company has an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹864 Cr. It is led by directors including Jaxay Sharad Kumar Shah and Anjali Bansal.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 3rd Floor 7/6 Siri Fort Institutional Area August Kranti Marg, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2026, the company reported a revenue of ₹25.34 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹110.46 Cr (net margin -435.9%) and EBITDA of -₹106.15 Cr (EBITDA margin -418.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The company has about 90 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ONDC. As per MCA filings, the company has open charges of ₹27 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ondc.org.
Company details
Contact details
Open Network for Digital Commerce's registered office is in New Delhi, Delhi. Its website is ondc.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor 7/6 Siri Fort Institutional Area August Kranti Marg, New Delhi, Delhi, India – 110049
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Open Network for Digital Commerce, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Open Network for Digital Commerce is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Open Network for Digital Commerce
FY 2026 filings availableOpen Network for Digital Commerce reported revenue of ₹25.34 Cr (down 24% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA rose 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.34 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹106.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹110.46 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -418.9% | ||||
| Net Profit Margin | -435.9% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Open Network for Digital Commerce, buy the company report.
Board of directors of Open Network for Digital Commerce
Open Network for Digital Commerce has 11 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Pradipbhai Sachdev Also directs: Arteria Technologies Private Limited, Ndi Foundation | Nominee Director | 17 Feb 2025 | 1 Years 8 Months | Current |
| Jaxay Sharad Kumar Shah Also directs: Savvy Siddhi Realty & Infrastructure LLP, Civic Organisers LLP, Ats Savvy Developers LLP and 5 more | Director | 01 Dec 2022 | 3 Years 11 Months | Current |
| Anjali Bansal Also directs: Avaana Capital Advisors LLP, Gbic Management LLP, Avaana Sponsor and Advisors LLP and 5 more | Director | 01 Jan 2023 | 3 Years 10 Months | Current |
| Sanjiv Also directs: Nirmit Bharat, Retail Associated Skill Council of India | Nominee Director | 31 May 2023 | 3 Years 5 Months | Current |
| Sundararaman Ramamurthy | Nominee Director | 13 Aug 2025 | 1 Years 2 Months | Current |
| Adil Zainulbhai Also directs: Cipla Limited, Network18 Media & Investments Limited, Reliance Retail Limited and 2 more | Director | 10 Nov 2022 | 4 Years 0 Months | Current |
Peer comparison
Open Network for Digital Commerce is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vega Intelli Soft Private Limited | ₹33.48 Cr (FY 2025) | 27.0% | Chennai, Tamil Nadu, India | |||
| Global Content Transformation Private Limited | ₹33.47 Cr (FY 2025) | 4.0% | Delhi, India | |||
| Leadventure Technologies India Private Limited | ₹33.46 Cr (FY 2025) | 25.0% | Delhi, India | |||
| SRP Digital Services Private Limited | ₹33.44 Cr (FY 2024) | 35.0% | Mohali, Punjab, India | |||
| Achieve Cybersecurity Solutions India Private Limited | ₹33.36 Cr (FY 2024) | 10.0% | Hyderabad, Telangana, India | |||
| Zmot Pro Pvt.Limited | ₹33.35 Cr (FY 2024) | -10.0% | Hyderabad, Telangana, India | |||
| Universal Services India Private Limited | ₹33.33 Cr (FY 2025) | 21.0% | Gurgaon, Haryana, India | |||
| Icorets Private Limited | ₹33.32 Cr (FY 2024) | 147.0% | Mumbai, Maharashtra, India | |||
| Aabasoft Technologies (India) Private Limited | ₹33.28 Cr (FY 2025) | 27.0% | Kakkanad, Kerala, India | |||
| Misys Trade & Risk Management India Private Limited | ₹33.27 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Open Network for Digital Commercethis company | ₹25.34 Cr (FY 2026) | -₹110.46 Cr | -435.9% | -24.0% | 90 | New Delhi, Delhi, India |
To see the full peer comparison of Open Network for Digital Commerce, buy the company report.
Auditor
Open Network for Digital Commerce is audited by Walker Chandiok &Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok &Co. LLP | FY 2026 | 001076N/N500013 |
Shareholding
The shareholding of Open Network for Digital Commerce is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Open Network for Digital Commerce, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2023 | 100788564 | Hdfc Bank Limited | ₹27 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Open Network for Digital Commerce are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Open Network for Digital Commerce; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Open Network for Digital Commerce has a workforce of 90 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 90 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Open Network for Digital Commerce, buy the company report.
GST
No GST registration is on our record for Open Network for Digital Commerce; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Open Network for Digital Commerce has 35 board changes on record since 2021: 14 appointments and 21 cessations. The latest: Hitesh Pradipbhai Sachdev ceased to be Additional Director on 18 Sep 2025.
27 earlier events are in the company report.
News
Frequently asked questions
Open Network for Digital Commerce is an active private not for profit company based in New Delhi, Delhi, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 30 December 2021 (5+ years old) and is registered under CIN U85300DL2021NPL391850.
Open Network for Digital Commerce has 11 current directors:
- Hitesh Pradipbhai Sachdev - Nominee Director
- Jaxay Sharad Kumar Shah - Director
- Anjali Bansal - Director
- Sanjiv - Nominee Director
- Sundararaman Ramamurthy - Nominee Director
- Adil Zainulbhai - Director
- Sunil Jeevrajji Singhi - Director
- Ritesh Ramkrishna Tiwari - Director
- Suresh Sethi - Director
- Shaji Krishnan - Nominee Director
- Kadagatoor Venkateshmurthy Sheetal - Nominee Director
The latest financial statements of Open Network for Digital Commerce on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Open Network for Digital Commerce is U85300DL2021NPL391850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Open Network for Digital Commerce was incorporated on 30 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Open Network for Digital Commerce by revenue are Vega Intelli Soft Private Limited, Global Content Transformation Private Limited, Leadventure Technologies India Private Limited, SRP Digital Services Private Limited, Achieve Cybersecurity Solutions India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Hitesh Pradipbhai Sachdev ceased to be Additional Director on 18 Sep 2025. Kadagatoor Venkateshmurthy Sheetal ceased to be Additional Director on 18 Sep 2025. Shaji Krishnan ceased to be Additional Director on 18 Sep 2025. Open Network for Digital Commerce has 35 board changes on record in total.
Open Network for Digital Commerce can be reached through the website ondc.org. Its registered office is in New Delhi, Delhi, India.
The registered office of Open Network for Digital Commerce is at 3rd Floor 76 Siri Fort Institutional Area August Kranti Marg, New Delhi, Delhi, India – 110049.
Open Network for Digital Commerce operates in the e-commerce industry, in the general e-commerce platforms segment.
Open Network for Digital Commerce has open charges of ₹27 Cr and no satisfied charges on record as per latest MCA filings.
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