Grip Invest, India’s one-stop destination for fixed returns, has announced its successful integration with the Open Network for Digital Commerce (ONDC) Network, powered by Cybrilla Technologies. Grip Invest was able to go live on the network in under 2 months.
“Financial Services” on ONDC network is designed to simplify and reduce the cost of mutual fund investing, while making it accessible to every Indian. In a major step towards democratizing fixed-income investing in India, Grip Invest has joined the ONDC (Open Network for Digital Commerce) to create a seamless, compliant, and scalable investment ecosystem.
This collaboration connects investor demand with a wide range of mutual funds via Cybrilla—making investing more affordable, inclusive, and accessible to all.
GripInvest powers the investor-facing platform, offering an intuitive and familiar user experience.
ONDC acts as the open network, defining and standardising the interaction between Grip (as a buyer-side platform) and various AMCs (as sellers) via Cybrilla through its open, decentralised infrastructure.
Cybrilla provides AMCs connectivity to certified mutual fund distributors on the ONDC Network. As a SEBI-certified Category-I RTA, it handles all backend operations including KYC verification, order processing, payments, and regulatory reporting.
This enables retail investors to access investment opportunities with ease and confidence. At the same time, FinTechs and AMCs can leverage this infrastructure to rapidly build and launch new investment products, driving innovation across the sector.
This open network model represents a step forward in simplifying and reducing the cost of investing, with the goal of making wealth-building opportunities available to a broader segment of the population.
Of India’s 1.4 billion people, only a small fraction invests in mutual funds, largely salaried individuals. To reach the next wave of investors with irregular incomes, distribution infrastructure must be co-ordinated, automated, and cost-efficient. This is the challenge tackled by Grip Invest × ONDC × Cybrilla’s mutual fund stack. By simplifying access, it will help more Indians invest with ease while giving FinTechs a compliant infrastructure to innovate at lower cost and faster speed, marking a major step in re-envisioning India’s mutual fund distribution.
For FinTechs, this removes the need to build expensive compliance systems on their own. Instead of dealing with fragmented and costly operations, they can now connect through a single integration that provides access to multiple asset management companies (AMCs) under one contract. This reduces time-to-market, limits compliance costs, and gives FinTechs the freedom to launch and innovate without being slowed down by legacy systems.
For investors, this integration translates into a simplified, secure, frictionless investing experience. With operational complexities handled at the infrastructure layer, Grip Invest can now focus entirely on enhancing user-centric innovations. The first expression of this capability is Infinite, Grip’s reinvestment model that automates bond payouts into debt mutual funds through an intelligent auto-SIP mechanism, bringing the power of uninterrupted compounding to retail investors. Infinite represents the type of structured, passive investing journey that this initiative is designed to scale across India’s next wave of investors.
Commenting on the integration, Aashish Jindal, Co-Founder & Chief Product & Technology Officer, Grip Invest, “This three-way network orchestration proves that mutual fund infrastructure doesn’t need to be complex, rigid, or exclusive. By combining ONDC’s open network andCybrilla’s compliant infrastructure, we’ve built a model where FinTechs can scale without operational drag. For Grip, it means we can now design products like Infinite that automate reinvestments across asset classes, directly benefiting investors, without worrying about integrations or compliance overhead. This is the infrastructure that will onboard India’s next wave of investors, making structured, passive investing effortless and accessible.”
Hrushikesh Mehta, SVP — Financial Services at ONDCsaid,“With this initiative, Grip Invest and Cybrilla are unlocking the true potential of the ONDC network to re-imagine mutual fund distribution in India. For most people, investing has felt more complex than it should be. This initiative addresses that by standardising the underlying processes, allowing FinTechs to innovate without friction and enabling investors to access mutual fund-like products in a simpler, more transparent way. It’s a measured step toward building investment infrastructure that truly works for everyone.”
Commenting on the collaboration, Anchal Jajodia, Co-Founder, Cybrilla, said, “At Cybrilla, our focus has always been to take the friction out of financial infrastructure so innovation can flow freely. Together with ONDC, we’re enabling a new wave of collaborations that make models like Grip’s Infinite possible and give investors uninterrupted compounding. By combining ONDC’s open protocol with our regulated backend for KYC, orders, and compliance, we’re creating the rails on which multiple such innovations can be built and scaled. That’s the real power of this partnership: unlocking new segments of investors and use cases by turning bold ideas into compliant, real-time execution.”
About the Partners
Grip Invest
Grip Invest, a SEBI-regulated investment platform, is India’s one-stop destination for fixed returns, offering non-market-linked investment opportunities with predictable outcomes. The company’s mission is to enable Indians to invest in regulated, curated, diversified opportunities offering attractive and fixed returns. Grip Invest holds a SEBI OBPP (Online Bond Platform Provider) license and offers listed, credit-rated investment opportunities that are executed through its integration with the NSE. Grip Invest is backed by marquee investors like Venture Highway, Stride Ventures, LC Nueva, Anicut Capital, AdvantEdge, ITI Capital Limited and Multiply Ventures. Grip also operates Grip Fixed Income Opportunities Fund (“GFIO”), a SEBI Category II AIF. For more information, visit https://www.gripinvest.in/.
ONDC
Incorporated on 30th December 2021, the Open Network for Digital Commerce (ONDC) is a Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. ONDC aims to create a transformative digital infrastructure that enables open, unbundled, and interoperable network for commerce in India.
It is not an application, platform, intermediary, or software, but a set of specifications designed to foster inclusive and collaborative digital ecosystems.
To know more, visithttps://ondc.org/.
Cybrilla
Cybrilla Technologies is a fintech infrastructure company building the technology backbone for India’s mutual fund ecosystem. The company helps asset managers, distributors, and fintech platforms launch and scale mutual fund services that are fast, compliant, and investor-friendly. Its flagship platform, Fintech Primitives (FP), offers an API-first stack that addresses identity management, order management, and investor servicing. Accredited by SEBI as a Category I Registrar and Transfer Agent (RTA), Cybrilla also enables AMCs to modernise investor and partner servicing. With over 15 years of experience in financial technology, the company is expanding access to digital investments by powering regulated, trusted, and innovative financial products.