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Retailopædia

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Zoho Puts ₹70 Cr Into ONDC As Network Hits 21.8 Cr FY26 Transactions Across 616 Cities

Zoho's ₹70 Cr ($7.3 Mn) bet backs ONDC's sovereign commerce stack as the network scales to 7.64 Lakh sellers and 11x rural order growth in FY26. But retail volumes have softened from the 6.5 Mn October 2024 peak to 4.6 Mn in February 2025, raising questions on post-subsidy traction.

Zoho's ₹70 Cr ($7.3 Mn) bet backs ONDC's sovereign commerce stack as the network scales to 7.64 Lakh sellers and 11x rural order growth in FY26. But retail volu

Inc42 · 5/13/2026, 9:27:51 AM · Ask about this →

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