Investment · Enterprise Software & IT
Zoho invests ₹70 Cr in ONDC to support India’s digital commerce infrastructure
By Startup Enthusiast ·
- Date
- Company
- Zoho
- What it does
- SaaS and cloud software provider
- Kind
- Investment
- Amount
- ₹70 Cr
- Based in
- Chennai
- Founded
- 1996
- Sector
- Enterprise Software & IT
What they do
Zoho is a SaaS and cloud software provider offering over 50 applications for businesses of all sizes
What happened
Zoho invested ₹70 crore in the Open Network for Digital Commerce (ONDC) to support India’s digital commerce infrastructure and help MSMEs
Why it matters
ONDC is a government-backed open network aiming to make e-commerce more accessible and reduce dependence on large platforms
The details
- Zoho, a SaaS and cloud software provider, invested ₹70 crore in the Open Network for Digital Commerce (ONDC) to support India’s digital commerce infrastructure.
- The investment aims to help MSMEs by making digital commerce more inclusive and interoperable.
- ONDC is a government-backed open network designed to reduce entry barriers for businesses and promote a more open e-commerce ecosystem.
- Zoho’s products like Vikra, Zoho Books, Zoho Inventory, and Zoho Commerce are already helping MSMEs digitise their operations and connect with the ONDC network.
- ONDC processed 218 million transactions in FY26 and has onboarded over 7.64 lakh sellers and service providers.
The bigger picture
- Zoho’s investment in ONDC aligns with its mission to support India’s digital infrastructure and empower small businesses.
- ONDC’s open network model contrasts with traditional platform-centric models like Amazon and Flipkart, offering a more decentralised approach.
- The investment highlights the growing importance of digital commerce infrastructure in India’s economy.
About the business
- Zoho provides a cloud software suite with over 50 applications designed for businesses of all sizes, from startups to enterprises.
- The company offers products such as CRM, email, accounting, customer service, and project management tools.
- Zoho One is an all-in-one platform that integrates 50+ applications for business operations.
The deal
- Type
- investment
Investors
- Zoho Corporation (investor) — A SaaS and cloud software provider offering over 50 applications for businesses of all sizes.
Founders
- Sridhar Vembu, Founder and Chief Scientist
- Sivaramakrishnan Iswaran, CEO of Zoho Payment Technologies and Global Head of Finance and Operations BU at Zoho
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