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Plotch.ai Secures Funding from Peak XV and Antler, Enabling Companies to Join ONDC

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Plotch.ai, the ONDC rails infrastructure company, has successfully secured pre-seed funding led by Antler India, with participation from Peak XV, Global Founders Capital, and Apoletto. The investment will be utilized to strengthen Plotch.ai’s ONDC product suite and solidify its position as a leading Technology Services Provider (TSP) within the emerging ONDC ecosystem, stated .

Plotch.ai, founded by Manoj, and Monica Gupta, offers a flagship product called NodeApp, which facilitates the instantiation of buyer and seller apps in the ONDC network through a 3-layer full stack technology solution. Additionally, Plotch.ai has developed Nodepay in collaboration with IDFC First bank for seamless node-to-node network payments, along with Nodedesk, an ONDC-enabled CRM product for efficient customer grievance management.

Plotch.ai’s suite of software products has already facilitated the entry of over 15 large and mid-scale enterprises, including Meesho, IDFC First Bank, Paytm, Spice Money, and Ideamasters, into the ONDC network with unparalleled speed-to-market capabilities. With Plotch.ai’s comprehensive suite, large and mid-scale enterprises can empower 500 million customers and 100 million SMEs in India, enabling seamless and efficient transactions on the ONDC network.

ONDC (Open Network for Digital Commerce) currently boasts a robust presence in B2C and B2B retail, logistics, and mobility, processing more than 50,000 transactions per day across these domains. It is projected to exceed 200,000 transactions per day by the end of the year.