India’s leading Restaurant POS Software provider has partnered with GrowthFalcons, a seller marketplace to onboard its F&B restaurants seamlessly onto the ONDC, and help its restaurants get discovered, receive intelligent demand analytics & drive incremental sales.
Talking about the partnership, Mr. Praveen Menda, CEO of Menson said,
“ONDC initiative is a revolutionary step in the larger interest of the retail ecosystem in the country.
We want to protect the interest of our customers (F&B businesses) and offer them a level playing field. Partnership with GrowthFalcons helps us achieve this objective by on boarding existing & new F&B businesses onto ONDC seamlessly and further support the ONDC initiative to democratize the food delivery space. We are glad to have partnered with GrowthFalcons & look forward to a strong partnership.”
T Koshy, MD and CEO, ONDC, said,
“Partnership between Menson & GrowthFalcons shows how even POS players can start creating additional value for their restaurants. Such partnerships enable seamless on boarding of the restaurants (especially small & medium businesses) onto ONDC and will further help them gain large visibility via buyer apps, which shall not only drive incremental orders but also higher profits with lower take rate “,
Girish Pai-the CEO of GrowthFalcons said,
“ONDC will revolutionize the way commerce is done today and specifically enable small & medium businesses to be part of this revolution. We are privileged to partner with Menson, which helps us penetrate the west & south Indian markets and gives our consumers access to local cuisines at better rates. Further, the F&B expertise that Mr. Praveen Menda brings in will help us strengthen our merchant & consumer experiences”.
In the next few months, GrowthFalcons along with Menson look to onboard 30% of Menson’s restaurants onto ONDC and help them scale their business.
About ONDC:
Open Network for Digital Commerce (ONDC) is an initiative aiming at promoting open networks for all aspects of the exchange of goods and services over digital or electronic networks. ONDC is to be based on open-sourced methodology, using open specifications and open network protocols (beckn protocol) independent of any specific platform.
ONDC protocols would standardize operations like cataloguing, inventory management, order management, and order fulfilment. Thus, small businesses would be able to use any ONDC-compatible applications instead of being governed by specific platform-centric policies. This will provide multiple options for small businesses to be discoverable over the network and conduct business. It would also encourage easy adoption of digital means by those currently not on digital commerce networks.
ONDC is a Ministry of Commerce and Industry's Department for Promotion of Industry and Internal Trade (DPIIT) project.
Revealing plans for the future of ONDC, a statement was shared by ONDC, "Open Network For Digital Commerce plans to increase the size & scope of digital retail commerce from 7-8% to 15-16% in the upcoming years by unbundling and making digital commerce a platform for all retailers, well established and start-ups alike."
About Menson:
22 years in the Hospitality Solutions Industry, Menson (India) Private Limited has established a noteworthy share and strong position with 11,500 loyal clients base. A leading solution provider for the hospitality industry, the ‘MENSON POS’, ’POKETPOS’ are completely indigenous and the most popular solutions. Menson today enjoys a 50% market share in the Mumbai, Pune, Mangaluru & Goa regions. Be it Restaurants or a Chain of Restaurants, Menson has a solution for each one of them.
To learn more about Menson visit on www.menson.in and www.poketpos.com or send an email on info@mensonindia.com
About GrowthFalcons:
GrowthFalcons is a registered seller marketplace on ONDC (Open Network Digital Commerce) and helps SMBs with digitization, business discoverability, and drive incremental sales.
Key Features and Advantages:
1) Seamless Digitization & Discovery:
- SMBs using various POS like Menson can now get seamlessly on boarded onto ONDC
- One-click discovery across multiple platforms like PayTM, PhonePe, and many more buyer apps
2) Additional Sales & Higher Profits:
- Generate additional business from online orders
- Receive higher profits with a low take rate or commissions
3) Intelligent Demand analytics:
- With intelligent AI-based consumer demand insights, SMBs can now tweak their catalogue, and area of serviceability & optimize prices to increase sales & product margins
4) Integrated Logistics:
- Logistics integrated with leading platforms like Dunzo, Loadshare, Grab & more to enable the merchants to decide on the most optimal logistic partner on the go and reduce cancellations by selecting the next best available partner
To learn more about GrowthFalcons, visit www.growthfalcons.com or send an email to Email: connect@growthfalcons.com
For updates, follow @GrowthFalcons on Twitter, Facebook, and LinkedIn.
Media Contact
Company Name: GrowthFalcons
Contact Person: Girish
Email: Send Email
Country: India
Website: www.growthfalcons.com
