About ONDC
ONDC is a company based in Delhi (India) founded in 2021. ONDC has raised $30.94 million across 5 funding rounds from investors including RBL Bank, Bank of India and Protean Tech. The company has 64 employees as of April 05, 2024. ONDC operates in a competitive market with competitors including Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others.
- Headquarter Delhi, India
- Employees 64 as on 05 Apr, 2024
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Open Network For Digital Commerce
- Date of Incorporation 30 Dec, 2021
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$30.94 M (USD)
in 5 rounds
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Latest Funding Round
$23.1 M (USD), Series A
May 13, 2026
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Investors
RBL Bank
& 5 more
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Employee Count
64
as on Apr 05, 2024
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People of ONDC
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Funding Insights of ONDC
ONDC has successfully raised a total of $30.94M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $23.1 million completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ONDC
ONDC has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include RBL Bank, Bank of India and Protean Tech.
| Investor | Description | Founded Year | Domain | Location |
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Digital public infrastructure and e-governance solutions are provided.
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Commercial banking services for personal and business needs are provided.
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Financial services are provided to retail, corporate, and rural clients.
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Investor details for ONDC
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Investments & Acquisitions by ONDC
Investment portfolio details for ONDC
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Financial Statements - ONDC
Detailed financials for ONDC
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Ondc Comparisons
Peer comparison for ONDC
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Competitors of ONDC
ONDC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software suite solutions are provided for e-commerce retailers and marketplaces.
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Cloud-based e-commerce solutions for marketplace businesses are provided.
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Online B2B marketplace for grocery products and services is operated.
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Technology is provided to enable auction-based secondary goods marketplaces.
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Solutions for marketplace platforms are provided to businesses.
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Detailed competitors of ONDC
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Latest news on Ondc
Complete news archive for ONDC
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Frequently Asked Questions about ONDC
ONDC was founded in 2021 and raised its 1st funding round 1 year after it was founded.
ONDC is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Thampy Koshy is the current CEO of ONDC.
ONDC is a funded company, having raised a total of $30.94M across 5 funding rounds to date.
As of Apr 05, 2024, the latest employee count at ONDC is 64.
ONDC was established in 2021 in Delhi, India, as an open network for digital commerce in the e-commerce sector. Seamless transactions are enabled among participants, with products listed by businesses of various sizes and purchases made by consumers from multiple sellers. Interoperability is promoted between e-commerce platforms and service providers to support broader market access.
ONDC has 6 investors. Key investors include RBL Bank, Bank of India, Protean Tech, Zoho, and Uber.