One Point One Solutions Announces Collaboration With Gurugram-Based Start-Up

Maharashtra-based One Point One Solutions has announced a collaboration with a Gurugram-based hyperlocal retail start-up which is a strategic move to tap into the burgeoning opportunities presented by the government-backed Open Network for Digital Commerce (ONDC).

The Gurugram-based start-up is also set to benefit from a comprehensive range of BPM services offered by the company. These services include customer support and order management through various communication channels such as voice, email, and chat.

Akshay Chhabra, Chairman and MD of One Point One Solutions said, "As per the recently published report, ONDC is expected to have an increase in penetration of e-commerce to 25% in the next two years by reaching 900 million buyers & 1.2 million sellers. By tapping into the ONDC initiative, the partnership aims to revolutionize digital commerce, unlocking new avenues for growth and connectivity."

Recently, the company reported a consolidated Profit After Tax (PAT) of Rs 5.97 crore in the December quarter. Compared to the previous year, this is a jump of around 179 per cent. The company had reported a consolidated PAT of Rs 2.14 crore in the year-ago period. The total income in the December quarter was Rs 42.11 crore, up from Rs 35.54 a year ago, the company said in an exchange filing.

One Point One Solutions is a business process management player, incorporated in the year 2008. It offers technology, accounting, skill development and analytical solutions that help businesses build better capabilities and enable them to achieve seamless growth in telecom, broadcasting, retail and E-commerce, consumer durables, FMCG, banking and finance industry.