ONDC to raise Rs 430 Cr from Zoho, Uber, Paytm, SBI, Amul to fuel ONDC 2.0

Government-backed open commerce network ONDC has secured Rs 220 Cr of a Rs 430 Cr round from strategic investors including Zoho (Rs 70 Cr), Uber, Paytm and SBI (Rs 60 Cr each), and BSE Technologies (Rs 30 Cr). Capital will fund AI-led commerce, DigiCatalog and MSME digital rails as transactions hit 218M in FY26.

— Source publishedTue, 2 Jun, 2026, 22:46 IST·First seen Tue, 2 Jun, 2026, 22:47 IST·Source Entrackr · Newsletter

What happened

ONDC is raising Rs 430 crore from strategic investors including Zoho, Uber, Paytm, SBI, PNB, Amul and BSE Technologies to fund its ONDC 2.0 strategy focused on

Key facts

  • Rs 430 crore
  • Rs 220 crore received
  • Zoho Rs 70 crore
  • Uber Rs 60 crore
  • Paytm Rs 60 crore
  • SBI Rs 60 crore
  • BSE Technologies Rs 30 crore
  • 218 million transactions FY26

Why this matters

Zoho's Rs 70 Cr lead and SBI/Paytm/Uber co-investment create a coalition cap table worth tracking for partnership entry points, white-label commerce deals, and downstream M&A in MSME digitization.

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