Business Standard
Global technology company Zoho Corporation on Wednesday announced an investment of Rs 70 crore in the Open Network for Digital Commerce (ONDC) to support the development of sovereign technology in the country. The investment is aimed at making technology more accessible and inclusive for businesses of all types and sizes, particularly Micro, Small and Medium Enterprises (MSMEs), by helping them overcome structural constraints in digital commerce. "Zoho Corporation...has invested Rs 70 crore in the Open Network for Digital Commerce (ONDC) to support the development of sovereign technology in India," the Chennai-headquartered firm said in a statement. Zoho already facilitates digitisation for MSMEs through its finance suite of applications, which includes the Vikra seller app on the ONDC network, alongside Zoho ERP, Zoho Books, Zoho Inventory and Zoho Commerce. The company's investment will continue to help expand the network's ecosystem and accelerate adoption, enabling more busines
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