Paytm will onboard 10 million of its merchants to the Open Network for Digital Commerce (ONDC) by the end of 2025, the fintech unicorn’s founder and chief executive officer Vijay Shekhar Sharma said on December 4.

“Commerce is a natural extension for us. We are committing to sign up at least 10 million merchants on ONDC before 2025 ends,” he said at ONDC’s hackathon in Delhi on December 4.

Sharma said that 11.8 million users had already shopped on ONDC through Paytm.

“This means that ONDC has already become a significant player in e-commerce. There are around 50 million e-commerce users in India and over a fifth are already on ONDC,” he added.

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