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MUNICIPAL CORPORATION OF CHANDIGARH

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MUNICIPAL CORPORATION OF CHANDIGARH The blue colour circular emblem of Municipal Corporation of Chandigarh (MCC) has a rose supported by the ‘Open Hand’ which is a giant metallic sculpture of the Capital Complex of Chandigarh, with a backdrop of ‘M’. These are ensconced in a circular border which carries the name of the institution. The colour blue symbolises serenity, calmness, trust, spirituality, calmness, wisdom, freedom, openness, intelligence and loyalty.

OPEN NETWORK FOR DIGITAL COMMERCE

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OPEN NETWORK FOR DIGITAL COMMERCE India’s digital commerce industry has evolved and picked up significant momentum during the past few years. Open Network for Digital Commerce (ONDC) initiative will support the transformation of the INR 2.85 lakh crores (USD 38 Billion) Indian digital commerce market by revolutionizing and democratising large scale participation. The envisioned aspirations of ONDC include enabling or enhancing local retail ecosystems; participation in the digital commerce irrespective of size, location, digital quotient, etc.; the digital commerce landscape in India; Formalise businesses by creating active digital history; Economic development and livelihood creation opportunities; Enhance business efficiencies through a reduction in cost overheads and Enable increased trade of locally manufactured goods in India. Its logo is a word mark with ONDC written using sans serif capitals in blue tones. The letters N and D are connected and is crested by a

OPEN FINANCIAL TECHNOLOGIES PVT. LTD.

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OPEN FINANCIAL TECHNOLOGIES PVT. LTD. Open Financial Technologies Pvt. Ltd., (Open), founded in 2017 by Anish Achuthan, Ajeesh Achuthan and Mabel Chacko, offers business banking, payments and expense management services to over one million small and medium enterprises. It claims to process USD24 billion in transactions annually. Prior to this, Open has raised USD45-50 million from investors like Tiger Global, 3one4 Capital, Speedinvest and BetterCapital, among others. In February, the company announced the acquisition of Optobizz, a GST and financial automation start-up, for USD5 million in a stock plus cash deal. “We are a neo-banking platform that is fast-changing the fundamentals of how businesses do banking! Ever since our conception, we have been proactively enabling businesses to manage their finances effectively.” “Open is a technology platform - it is not a bank and does not hold or claim to hold a banking license. The business current accounts, VISA cor