Funding · Commerce & Consumer Brands
Zoho invests ₹70 crore in ONDC
By Startup Enthusiast ·
- Date
- Company
- ONDC
- What it does
- Open network for digital commerce
- Kind
- Funding
- Amount
- ₹70 crore
- Stage
- growth
What they do
ONDC is an open network for digital commerce backed by DPIIT
What happened
Zoho Corporation invested ₹70 crore to accelerate development of sovereign digital infrastructure
Why it matters
ONDC processed 218 million transactions in FY26 and saw order volumes surge 11X
The details
- Zoho Corporation invested ₹70 crore in ONDC, the open network for digital commerce.
- ONDC is backed by the Department for Promotion of Industry and Internal Trade (DPIIT).
- The investment aims to accelerate development of sovereign digital infrastructure.
- It also aims to democratize tech access for MSMEs (micro, small and medium enterprises).
- Zoho already integrates with ONDC through Vikra, Zoho Books, Zoho Inventory, and Zoho Commerce.
- The investment underscores Zoho's commitment to an inclusive, interoperable digital marketplace for smaller merchants.
The bigger picture
- ONDC processed 218 million transactions in FY26.
- Order volumes for farmers, artisans, and rural sellers surged 11X in FY26.
- DigiDukaan onboarded over 10,000 kirana stores (neighbourhood shops) within months of launch.
- ONDC breaks entry barriers for independent sellers by providing an open network.
About the business
- ONDC is an open network for digital commerce that enables any seller to participate.
- It is backed by DPIIT, a government department under the Ministry of Commerce and Industry.
- The network processes transactions for farmers, artisans, rural sellers, and kirana stores.
- ONDC aims to break entry barriers for independent sellers by providing a sovereign digital infrastructure.
- It processed 218 million transactions in FY26, showing rapid adoption.
What happens next
- The investment aims to accelerate development of sovereign digital infrastructure.
- It aims to democratize tech access for MSMEs.
The deal
- Type
- funding
Investors
- Zoho Corporation (lead) — Zoho Corporation is a global technology company that provides software-as-a-service (SaaS) products including CRM, accounting, and office tools.
Founders
- Sivaramakrishnan Iswaran, CEO of Zoho Payment Technologies, Global Head of Finance and Operations BU
- Vibhor Jain, Permanent MD and CEO of ONDC
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