Paytm Mall, an online and mobile marketplace and a subsidiary of One97 Communications’ Paytm brand, announced that it has appointed Abhishek Rajan as Chief Operating Officer. Also, the company named Srinivas Mothey as new Senior Vice President. In his new role as COO, Abhishek will oversee the operations across categories, product, technology, supply chain, marketing…
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Ecommerce website to resume retailing of non-essentials from May 4
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•After the second phase of lockdown came to an end, e-commerce websites in India are now finally get geared up for resuming of business in non-essential items. Although the Ministry of Home Affairs has given a go-ahead for resuming businesses, major Indian cities which makes a huge chunk of their sales, are still under lockdown…
Paytm’s “Road to Profitability”
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•Vijay Shekhar Sharma, Founder, and CEO of Indian digital payment giant PayTM recently announced that his company expects to turn profitable after two years as it is monetizing the existing customer base and eyes financial services as its next major frontier for growth. As per an interview with The Press Trust of India, Sharma said…