MAM
ONDC’s remarkable feat: 50k restaurants in online food delivery journey
Mumbai: Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), ministry of commerce and industry, government of India, recently celebrated a major milestone in its journey with over 50,000 restaurants now live for placing online orders on the open network, across 172 cities in the country.
Number of restaurants on the open network shot up from 500 in February 2023 to 50,000 in August 2023, depicting exponential growth. From the very first restaurant that came onboard in May 2022 and the first order placed on 30 Sep 2022, ONDC has made record-setting progress within a short time, underscoring its commitment to revolutionise online food delivery.
The seller network participants (NPs) are central to this achievement and have played a pivotal role in onboarding restaurants and driving the growth of F&B category on ONDC Network. These participants include Magicpin, uEngage, Bitsila, EkSecond, Growth Falcons, Mystore, nStore, and eSamudaay. ONDC aims to double the restaurant count by the end of 2023.
“This remarkable milestone is a testament to our team’s dedication and the invaluable support of our NPs. What started with our first order in Sept’ 22, the Network has onboarded over 50,000 restaurants till now! As we continue to grow and expand, we are excited about the future of online food delivery in the all-new no-barrier e-commerce ecosystem and our role in shaping it,” said ONDC MD and CEO T Koshy.
Consumers can order food online on the ONDC Network via buyer apps including Paytm, Pincode, Magicpin, Mystore among others.
MAM
Beacon Group appoints Dr Rajesh Patel as Group CEO
36-year healthcare veteran to lead Beacon Diagnostics, Vector Biotek, Biogeny.
MUMBAI: A new chief, a fresh diagnosis and a sharper prescription for growth. Beacon Group has appointed Dr Rajesh Patel as its Group Chief Executive Officer, effective April 1, 2026, signalling a decisive push to scale its presence in the diagnostics and IVD space. Patel steps into the role with 36 years of experience across the healthcare and diagnostics industry, bringing a career shaped by leadership roles spanning sales, marketing, business development and operational strategy. His mandate is both expansive and precise: to steer the group’s overall strategic direction while tightening coordination across its three core entities Beacon Diagnostics, Vector Biotek and Biogeny Diagnostics.
In practical terms, that means driving cross-company synergies, accelerating market expansion and strengthening organisational capability areas increasingly critical as diagnostic players compete for scale in a fragmented yet rapidly evolving healthcare ecosystem. The group is positioning itself to capture unmet demand across chain laboratories, key accounts and standalone labs, segments that remain underserved despite growing diagnostic needs.
The appointment comes at a time when the In Vitro Diagnostics (IVD) sector in India is entering a more competitive and innovation-led phase, with companies focusing not just on product pipelines but also on service delivery, integration and customer-centric models. Beacon’s leadership appears to be betting that Patel’s execution-focused approach can help translate ambition into operational momentum.
Welcoming the appointment, Chairman Dr D K Joshi described Patel’s induction as a strategic move aligned with the group’s long-term vision, emphasising the role of leadership depth in navigating the next phase of growth.
For Beacon Group, the message is clear, in a sector where precision matters, leadership is the new differentiator—and this appointment is intended to set the tone for what comes next.
