E-commerce marketplaces such as Snapdeal, Paytm, AskmeBazaar and Flipkart are using transaction data of thousands of vendors on their platforms to help them raise working capital through tie-ups with banks and financial service firms. The e-marketplaces use tools to crunch data on the trading his…
Tag: Paytm
Ola To Launch In Chandigarh; Jugnoo Cries Foul
Ola is planning to launch its auto-rickshaw hailing service in Chandigarh soon. Jugnoo, an auto-rickshaw aggregator funded by Paytm, has accused larger rival Ola of poaching employees and lifting its employee and driver database in Chandigarh. In a letter dated December 1, Jugnoo’s founder …