ONDC bags ₹220 Cr from Uber, Zoho, Paytm, BSE in strategic private placement

ONDC raised ₹220 Cr ($23.1 Mn) via private placement, with Zoho putting in ₹70 Cr, Uber and Paytm ₹60 Cr each, and BSE ₹30 Cr. The capital deepens strategic backing as the network scales to 7.64 lakh sellers across 616 cities and clocks 21.8 Cr transactions in FY26.

— Source publishedTue, 2 Jun, 2026, 17:45 IST·First seen Tue, 2 Jun, 2026, 17:46 IST·Source Inc42 · Buzz

What happened

ONDC raised ₹220 Cr via private placement from Zoho (₹70 Cr), Uber (₹60 Cr), Paytm (₹60 Cr) and BSE (₹30 Cr), deepening strategic backing as the open network

Key facts

  • ₹220 Cr
  • $23.1 Mn
  • ₹70 Cr Zoho
  • ₹60 Cr Uber
  • ₹60 Cr Paytm
  • ₹30 Cr BSE
  • 21.8 Cr FY26 transactions
  • 616 cities
  • 7.64 Lakh sellers

Why this matters

With Zoho, Uber, Paytm, and BSE now equity-aligned to ONDC, expect a wave of integration partnerships and bundled commerce plays — map where your stack plugs into the network before rivals lock in preferred-partner status.

Also reported by