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Today Date : Sunday, May 26, 2024

E-commerce is going to be irrelevant, says Thampy Koshy

E-commerce is going to be irrelevant, says Thampy Koshy

“My ultimate dream for the transformation of commerce is that every type of seller should be able to make their products visible to an Open Network using a common protocol,” said Thampy Koshy, CEO, Open Network for Digital Commerce (ONDC) on the first day of the 11th edition of Isha Leadership Academy’s flagship program - Isha insight: 

The DNA of success” on Thursday.Setting the stage for a vibrant discussion on ONDC and a natural impending disruption in e-commerce, Koshy said, “Various buyer applications provide customers access to certain products based on their customer's preferences and their service level expectations. In the true spirit of omni-channel, a completely open network will do away with the spell of powerful branding."

The session began with a dynamic session by Jaggi Vasudev, founder of Isha foundation. He stressed upon the participants to develop a distance from their emotions and thoughts to enhance insight and develop clear vision. He said, “If you want to run your business. You must be in a state of mukti which means nothing touches you but you are absolutely involved, never entangled.”

HLE Glascoat Limited

“Entrepreneur does not mean just running a business. An entrepreneur means he's a seeker, always seeking solutions, and maybe possibilities.  If you're not in the seeking mode, you will not be in the enterprise mode,” he explained.Later in the day, Amit Kalra, director and Chief Transformation Officer of HLE Glascoat Limited decoded the process of transforming a company from being good to being great. 

“The three pillars of a company are - people, investors and customers. If the company shuts down, they should wish it came back to life,” he added. The next three days would witness an eclectic range of speakers - Sonam Wangchuk, director of Himalayan Institute of Alternatives; Kunal Bahl, co-founder, AceVector Group (Snapdeal, Unicommerce and Stellaro); Chandrashekhar Ghosh, MD and CEO, Bandhan Bank; Gajendra Singh Shekhawat, Union Cabinet Minister for Jal Shakti; Gautam Saraogi, Founder and CEO, Go Colors -Go Fashion and Aravind Melligeri, Chairman and CEO at Aequs.