Online marketplace Paytm has scaled its online-to-offline (O2O) same day delivery across 20 cities in categories including large appliances and mobiles. The marketplace had started O2O deliveries in October 2015 to meet the demand for the festive season. The service allows sellers to charge a pre…
Tag: Paytm
Paytm to help SMEs get products from China
Digital payments and e-commerce platform Paytm is working with sellers in India to help them source products from neighboring China, according to a senior company official. While the company has already started sourcing products under the fashion accessory category on a pilot basis, it plans to a…
Paytm to assist sellers in six more local languages
In a move aimed at consolidating its seller marketplace, digital payments and ecommerce platform Paytm has created local language-based services that will help sellers in cataloguing, documentation and loan applications. While automation and providing end-to-end seller services worked well for ma…
Travel startups beat ecommerce marketplaces in funding race this year
Startups in travel business have received more funding than ecommerce marketplaces so far this year, according to data sourced from research firm Tracxn. Travel startups have received $366,450,000 while ecommerce marketplace startups have received $357,831,100 in funding since the beginning of 20…
TravelTriangle ties up with Paytm to integrate its payment wallet
Noida-based online holiday market place TravelTriangle has partnered with Paytm to integrate its payment wallet on its web platform and mobile site. Targeted towards making payments cashless for their customers, Travel Triangle is also offering 10% cashback on its site for all trips booked via e-…
Uber looks to have its own payment wallet in India
App-based taxi aggregator Uber is keeping its options open to have its own payment wallet in India despite its current collaboration with Paytm that allows riders to pay digitally. We recently announced our partnership with Paytm and I think part of Uber’s success and strategy is to work wi…
Flea market gives Paytm, Shopclues a high
Online marketplaces ShopClues and Paytm have said consumers in small towns and cities are fuelling their weekly ‘flea market’ sales. Flea market gives Paytm, ShopClues a high; strategy helps them differentiate from larger firms The strategy of a Sunday ‘flea market’— where…
Foreign firms to be invited to Startup India anniversary
The government plans to invite prominent international startups to enter India’s growing new economy. The department of industrial policy and promotion will organise a start-up conference next January to coincide with the first anniversary of the StartUp India initiative, according to an official…
Asia’s richest may quench startups’ thirst for funding
The family offices of two of Asia’s richest men, Alibaba Group Chairman Jack Ma and Executive Vice Chairman Joseph Tsai, are among a fresh breed of Chinese investors exploring investments in India, seeking to replicate their successes outside their home market. While their personal investme…
Ratan Tata picks stake in e-ticketing start-up Kyazoonga
Chairman Emeritus of Tata Sons, Ratan Tata, has continued with his investments into India’s burgeoning start-up space. On June 10, he announced an investment into e-ticketing company Kyazoonga, without disclosing the financial details. Together, Tata has now crossed over 30 investments in start-u…