• Latest
  • Trending
From Kiranas to Small Businesses: Zoho backs ONDC with ₹70 crore

From Kiranas to Small Businesses: Zoho backs ONDC with ₹70 crore

IBM brings frontier AI to enterprise security operations through OpenAI partnership

IBM brings frontier AI to enterprise security operations through OpenAI partnership

Honasa expands into health supplements with major acquisition

Honasa expands into health supplements with major acquisition

Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL

Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL

Infosys Chairman says AI Is an enabler, not a replacement

Infosys Chairman says AI Is an enabler, not a replacement

Wipro launches AI-driven MDR services with Palo Alto

Wipro launches AI-driven MDR services with Palo Alto

Info Edge’s early AI bets are paying off

Info Edge’s early AI bets are paying off

Sophos and OpenAI collaborate to bring frontier AI cybersecurity tools to enterprises

Sophos and OpenAI collaborate to bring frontier AI cybersecurity tools to enterprises

Dubai crude premium turns to discount as U.S.–Iran deal eases global oil supply concerns

Dubai crude premium turns to discount as U.S.–Iran deal eases global oil supply concerns

Kunal Shah’s WhatsApp appointment signals Meta’s big India bet

Kunal Shah’s WhatsApp appointment signals Meta’s big India bet

Aurobindo Pharma USA gets FTC clearance to acquire Lannett in $250 million deal

Aurobindo Pharma USA gets FTC clearance to acquire Lannett in $250 million deal

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained

Banks raise FCNR deposit rates for NRIs post RBI relaxation

Jio platforms files for India’s largest IPO: Here’s what you need to know

Jio platforms files for India’s largest IPO: Here’s what you need to know

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Wednesday, June 24, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

From Kiranas to Small Businesses: Zoho backs ONDC with ₹70 crore

in Business
Reading Time: 2 mins read
0
From Kiranas to Small Businesses: Zoho backs ONDC with ₹70 crore
Share on FacebookShare on Twitter

DBT Bureau

Pune, 17 May 2026

Zoho Corporation, a global technology company headquartered in Chennai, announced that it has invested ₹70 crores in Open Network for Digital Commerce (ONDC), to support the development of sovereign technology in India. This investment strengthens the company’s commitment to making technology more accessible and inclusive for businesses of all types and sizes.

“India’s economy depends heavily on MSMEs, yet they face challenges on all fronts—from limited market access to structural constraints imposed by conventional digital platforms that rarely align with their unique needs. ONDC, which is an excellent initiative, gives power back to MSMEs, enabling them to expand their customer reach and achieve sustainable growth,” said Sivaramakrishnan Iswaran, CEO of Zoho Payment Technologies and Global Head of Finance and Operations BU, Zoho.

“Zoho shares with ONDC its philosophy of building sovereign technology to champion accessibility, flexibility, and inclusion of business of every size. We further believe that the private sector must play its part in nation building. In alignment with this vision, Zoho is proud to contribute to this ambitious initiative, strengthening the country’s Digital Public Infrastructure and paving the way for broader, more equitable participation in the digital economy,” he added.

ONDC is building open digital rails to democratise commerce in India by enabling interoperability, inclusivity, and efficiency across sectors. Through its open-network approach, ONDC is addressing structural challenges in digital commerce, including fragmented systems, high entry barriers, and trust deficits, while empowering businesses of all sizes to participate and grow. With 218 million transactions enabled in FY 2025–26, ONDC continues to expand its impact by building foundational digital infrastructure for Bharat’s next phase of growth.

Through its finance suite of applications such as Vikra (seller app on the ONDC Network), Zoho ERP, Zoho Books, Zoho Inventory and Zoho Commerce, Zoho has been promoting digitisation among MSMEs, helping them connect to the vast expanse of India’s market through the ONDC Network. The company’s investment will continue to help expand the network’s ecosystem, and accelerate adoption, enabling more businesses to participate in the digital economy.

Across sectors including retail, logistics, mobility, and financial services, ONDC’s interoperable network model is expanding access to digital commerce, strengthening unit economics, and unlocking new opportunities for consumers, enterprises, and gig workers alike. For example, ONDC DigiDukaan has onboarded 10,000+ kirana stores within months of launch, accelerating digitisation of general trade procurement. Order volumes for Kisaans, Karigars, and rural artisans grew 11 times in FY 2025–26 through ONDC-enabled commerce models.

On the logistics front, ONDC has also helped scale the FIFO fleet allocation model by 50 times within six months, improving utilisation and earnings opportunities for gig workers. Meanwhile, metro ticketing, powered by ONDC, is now live across nine metro systems and available through 25+ apps, demonstrating adoption beyond traditional e-commerce.

Related Posts

Himadri expands investment in U.S. battery firm IBC, lifts stake to 20.47%

Himadri expands investment in U.S. battery firm IBC, lifts stake to 20.47%

0

DBT Bureau Pune, 22 June 2026 Himadri Speciality Chemical Ltd. (Himadri), a specialty chemicals and advanced carbon materials company, has...

Anant Ambani highlights Reliance’s rapid progress in new energy business

Anant Ambani highlights Reliance’s rapid progress in new energy business

0

Athira Sethu Kochi, 20 June 2026 At Reliance Industries' 49th Annual General Meeting, Executive Director Anant Ambani outlined significant progress...

BEENEXT leads $3.1 million investment in wealth management startup CREST

BEENEXT leads $3.1 million investment in wealth management startup CREST

0

DBT Bureau Pune, 17 June 2026 CREST, an AI-native Fractional Family Office and new-age asset management company, has raised $3.1...

AXISCADES sells Aerospace Engineering unit to Akkodis in strategic two-stage deal

AXISCADES sells Aerospace Engineering unit to Akkodis in strategic two-stage deal

0

DBT Bureau Pune, 14 June 2026 AXISCADES Technologies Limited and Akkodis announced a strategic transaction for the divestment of AXISCADES'...

IBM brings frontier AI to enterprise security operations through OpenAI partnership
Tech

IBM brings frontier AI to enterprise security operations through OpenAI partnership

0

DBT Bureau Pune, 24 June 2026 IBM announced it has joined the OpenAI Daybreak Cyber Partner Program, bringing advanced frontier...

Read moreDetails
Honasa expands into health supplements with major acquisition
News

Honasa expands into health supplements with major acquisition

0

Athira Sethu Kochi, 24 June 2026 Honasa Consumer Ltd, the parent company of brands like Mamaearth and The Derma Co,...

Read moreDetails
Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL
Market

Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL

0

DBT Bureau Pune, 24 June 2026 Shares of Bharat Dynamics Limited are likely to remain in focus after the company...

Read moreDetails
Infosys Chairman says AI Is an enabler, not a replacement
Artificial Intelligence

Infosys Chairman says AI Is an enabler, not a replacement

0

Athira Sethu Kochi. 24 June 2026 Nandan Nilekani, chairman of Infosys, has stated that artificial intelligence (AI) will not bring...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.