Zoho Invests Rs 700 Million in ONDC to Boost MSME Digitisation
ECONOMY & POLICY

Zoho Invests Rs 700 Million in ONDC to Boost MSME Digitisation

Zoho Corporation has invested Rs 700 million (mn) in the Open Network for Digital Commerce to support the development of sovereign technology and to strengthen digital commerce access for small businesses in India. The company said the investment is intended to expand the ONDC ecosystem and encourage more micro, small and medium enterprises to adopt digital platforms. The move aligns with Zoho's stated focus on accessibility, inclusion and technology tailored for Indian businesses.

Sivaramakrishnan Iswaran, chief executive of Zoho Payment Technologies and global head of the finance and operations business unit at Zoho, described India's economy as heavily dependent on MSMEs, which face challenges from limited market access and structural constraints imposed by conventional digital platforms. He indicated that ONDC provides a mechanism to restore agency to small sellers, enabling them to expand customer reach and pursue sustainable growth. He added that the private sector should play a role in nation building by supporting such initiatives.

ONDC is developing an open digital commerce network intended to improve interoperability and to reduce barriers for businesses entering online markets, and the platform reported it enabled 218 mn transactions in FY 2025-26. Zoho has been working with micro, small and medium enterprises through products including Vikra, Zoho Books, Zoho Inventory and Zoho Commerce to help businesses connect with buyers via the ONDC network. The company expects the investment to support onboarding, tooling and integration that can lower entry costs for sellers.

Beyond retail, ONDC initiatives have sought to broaden participation through targeted programmes such as DigiDukaan, which has onboarded more than 10,000 kirana stores within months of launch, and through efforts aimed at farmers, artisans and rural sellers. Commerce involving these groups reportedly grew 11 times during FY 2025-26, a trend the network cites as evidence of wider uptake. Industry observers noted that combining platform infrastructure with vendor-facing tools could accelerate digitisation across underserved segments.

Zoho Corporation has invested Rs 700 million (mn) in the Open Network for Digital Commerce to support the development of sovereign technology and to strengthen digital commerce access for small businesses in India. The company said the investment is intended to expand the ONDC ecosystem and encourage more micro, small and medium enterprises to adopt digital platforms. The move aligns with Zoho's stated focus on accessibility, inclusion and technology tailored for Indian businesses. Sivaramakrishnan Iswaran, chief executive of Zoho Payment Technologies and global head of the finance and operations business unit at Zoho, described India's economy as heavily dependent on MSMEs, which face challenges from limited market access and structural constraints imposed by conventional digital platforms. He indicated that ONDC provides a mechanism to restore agency to small sellers, enabling them to expand customer reach and pursue sustainable growth. He added that the private sector should play a role in nation building by supporting such initiatives. ONDC is developing an open digital commerce network intended to improve interoperability and to reduce barriers for businesses entering online markets, and the platform reported it enabled 218 mn transactions in FY 2025-26. Zoho has been working with micro, small and medium enterprises through products including Vikra, Zoho Books, Zoho Inventory and Zoho Commerce to help businesses connect with buyers via the ONDC network. The company expects the investment to support onboarding, tooling and integration that can lower entry costs for sellers. Beyond retail, ONDC initiatives have sought to broaden participation through targeted programmes such as DigiDukaan, which has onboarded more than 10,000 kirana stores within months of launch, and through efforts aimed at farmers, artisans and rural sellers. Commerce involving these groups reportedly grew 11 times during FY 2025-26, a trend the network cites as evidence of wider uptake. Industry observers noted that combining platform infrastructure with vendor-facing tools could accelerate digitisation across underserved segments.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement