StopDownOpen the app

Funding · Commerce & Consumer Brands

Zoho invests ₹70 crore in ONDC

By ·

Date
Company
ONDC
What it does
Open network for digital commerce
Kind
Funding
Amount
₹70 crore
Stage
growth
Sector
Commerce & Consumer Brands

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

Other articles talking about it

Read it as a card in the app

More on ONDC

Everything on ONDC →

Same day

All startup news on 16 May 2026 →