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Uber and Paytm Back ONDC with Rs.60 Crore Investments

CIO Insider Team | Wednesday, 3 June, 2026
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Ride-hailing company Uber and fintech platform Paytm revealed a strategic investment of Rs 60 crore each in the government-supported e-commerce initiative, the Open Network for Digital Commerce (ONDC).

The announcement follows closely on the heels of software-as-a-service giant Zoho declaring its investment of Rs 70 crore in the platform.

The investment enhances Uber's and Paytm's previous integration with ONDC and indicates a stronger commitment to explore new ways for mobility and logistics to be found, accessed, and delivered.

The Uber metro ticketing service is presently operational in five cities, and to date, over 10 million metro rides have been reserved through the Uber app using the ONDC network. Additionally,

Paytm reported that it processed 218 million transactions in FY26 and currently handles over 300,000 tickets daily for metro and bus services in 21 cities.

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Uber's investment strongly supports India's Digital Public Infrastructure and its capacity to foster innovation, efficiency, and inclusive growth

Regarding the investment, Prabhjeet Singh, president of Uber India and South Asia, stated, “India has led the way in developing Digital Public Infrastructure that is inclusive, interoperable, and transformative on a large scale. Our current alliance with ONDC and this recent investment positions us at the core of that innovation process. Investing in this network enables us to assist more individuals in mobility, more enterprises in expansion, and more earners in flourishing by utilizing the potential of the ONDC network."

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A representative from Paytm stated, “The upcoming surge in digital commerce in India will be fueled by networks that offer equal chances for every business. Our investment in ONDC demonstrates Paytm's dedication to facilitating this process and enhancing access to commerce and financial services for merchants, businesses, and consumers nationwide.”

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Adil Zainulbhai, independent director at ONDC, stated, “ONDC is a crucial element of India's initiatives to democratize digital commerce and establish an equitable environment for businesses of all sizes. Uber's investment strongly supports India's Digital Public Infrastructure and its capacity to foster innovation, efficiency, and inclusive growth."



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