Est. 2001·3,000+ placements · six offices · four regions
ONDC (Open Network for Digital Commerce) — source image

Image via Inc42 (India)

Capital Raisingcurated sourcedetected 2026-06-02 · confidence 95%

Last updated

ONDC (Open Network for Digital Commerce): Capital Raising

ONDC raised ₹220 Cr ($23.1 Mn) from strategic investors including Uber, Zoho, Paytm, and BSE. Zoho led with ₹70 Cr investment, expanding ONDC's digital commerce infrastructure across retail, mobility, logistics, and financial services.

Source: Inc42 (India)

The leadership read

Fresh capital usually broadens the sector leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.

Market context: The wider read — a Talent Market Index of 112.9 (Hot), up 11.4 month-on-month — shows Asia signal flow rising (+3.1pts).

ONDC (Open Network for Digital Commerce): 1 signal in the last 90 days; 0.1% of MitchelLake's Asia signal flow.

MitchelLake in this thematic

More signals across Asia

Capital Raising · Asia

ShareChat

India's ShareChat is targeting an IPO of up to $400 million next year, indicating preparation for public market entry.

Capital Raising · Asia

360 One

360 One is expected to invest US$20 million to US$25 million in Indian AI startup Rocket. Additional investors may join the round.

Capital Raising · Asia

GCash

GCash, Philippines' largest mobile wallet with 90 million registered users, is seeking up to 92.3 billion pesos (~$1.6B USD) in a record Philippine IPO

Capital Raising · Asia

CapitaLand Investment

CapitaLand Investment has secured approval for its second China REIT (C-Reit) with a valuation of 4.8 billion yuan, comprising Shenzhen Raffles City and CapitaLand Mall Fucheng assets.

Capital Raising · Asia

Momenta

Chinese autonomous driving and AI company Momenta plans to launch Hong Kong IPO next week

Capital Raising · Asia

Square Yards

Square Yards achieved unicorn status with a 900 crore (approximately $108M USD) fundraise, signaling significant growth and market validation in the proptech/real estate services space.

Weekly briefing

Track companies like ONDC (Open Network for Digital Commerce) — with our analysis

Anyone can set an alert for one company. We send a weekly read on the whole peer set — who's moving, and what it means for leadership. Pick what to follow:

Intelligence powered by Autonodal ↗

Nearby in the record

Share: WhatsApp · X · Email