Build for Bharat Initiative
Category | Subcategory | Details |
---|---|---|
News | Nationwide launch | Date: December 4, 2023 Location: New Delhi |
What | Digital Commerce Innovation | Challenges addressed: Diverse issues in digital commerce Promotion: Industry innovation |
Why | Tapping Potential | Focus: India’s technological and entrepreneurial capacity |
Where | National scale | Cities involved: Over 50 |
When | Announcement date | Date: December 4, 2023 Event: Problem statements unveiled, Invitation for registration |
Who | Open Network for Digital Commerce (ONDC) – a private non-profit company established by the Department for Promotion of Industry and Internal Trade (DPIIT) Partners: Google Cloud India, Antler in India, Paytm, Protean, Startup India | |
How | Participative framework | Ecosystem-driven approach Categories: – NextGen Ventures (Venture creation focus, Capital raising pathway, Launching and scaling companies, Business incubation) – Scalable solutions (Participant focus, Organizations and individuals, Network Participants’ friction points) – Foundation solutions (College students, Proof of concept identification) |
Winners | Benefits: Opportunities, Mentorship, Equity-free grants, Cloud credits | |
Pros | Innovation stimulation | Digital Commerce Ecosystem Growth: Sustainable business development |
Challenges | Diverse digital commerce issues: Solution development | |
Way Forward | Unleashing startup and student potential: Meaningful impact creation at scale |
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