Zoho Invests Rs.70 Cr In ONDC To Back Sovereign Tech Infrastructure
India, May 13 -- SaaS major Zoho has invested Rs.70 Cr (about $7.3 Mn) in the Open Network for Digital Commerce (ONDC) to support India's digital commerce infrastructure and increase digital commerce adoption among MSMEs.
The investment comes as ONDC continues to deepen its role in India's digital public infrastructure push, which aims to make ecommerce more open and accessible for small businesses. It aims to help them reach more customers and reduce the dependence on large tech platforms.
Notably, Zoho has been working closely with ONDC across several commerce and finance products, including Vikra, Zoho ERP, Zoho Books, Zoho Inventory, and Zoho Commerce. These tools help MSMEs digitise operations, manage inventory, streamline accounti...
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