💨 Abstract

In a landmark achievement for India's financial services sector, Appreciate completed the first low-ticket mutual fund transaction on the Open Network for Digital Commerce (ONDC) Network. This move is part of a broader strategy to democratize investment access, especially in underserved regions. Appreciate, as a buyer app, facilitates seamless interaction between AMCs and customers, with Nippon India AMC being the first to accept investments via ONDC protocol.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖