VC Fund Investments
ONDC commerce enablement platform Plotch.ai raises funding
Early-stage investment firm Venture Catalysts has led a seed funding round in Mumbai-based Plotch.ai , an Open Network for Digital Commerce (ONDC) “rails infrastructure” company. The fresh investment by Venture Catalysts and AC Ventures will fuel Plotch.ai's continued growth in facilitating ONDC adoption.Plotch has partnered with Google to integrate AI into the ONDC network in a move to promote local language adoption and enhance accessibility for rural India. Plotch claims to currently process close to one million transactions every month, experiencing a 100% month-on-month growth. The clients include Snapdeal, Meesho, Paytm, Marico, and Bluestar.
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