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Paytm Mall only a platform, no plans to become retailer: CEO

Paytm Mall only a platform, no plans to become retailer: CEO

Friday, March 17, 2017, 10:20 PM

Paytm's new e-commerce platform, Paytm Mall, is looking to attract small and large retailers but will not become a retailer itself, said founder and Chief Executive Officer Vijay Shekhar Sharma. The e-commerce arm recently raised USD 200 million from Alibaba and SAIF Partners and the money would go towards building the offline-to-online channel. Paytm Mall is an app for smartphones currently available on Android.
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