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Flipkart's eKart to handle delivery for Paytm

Flipkart plans to open up its logistics services arm to third-party merchants and in this regard, has joined hands with Paytm to deliver goods through eKart, its logistics arm. This move is expected to establish eKart as an independent business while reducing...

Paytm in talks with Yatra, may pick up stake

India’s largest mobile commerce platform, Paytm is looking forward to buy a part of Yatra.com the travel agency. Sources of TOI said Paytm is planning to enter in travel business and is hence holding round of talks with the...

LPU goes cashless with Paytm

Paytm, the country's most reliable e-commerce and mobile payment portal has provided a cashless solution to Lovely Professional University (LPU) in Jalandhar. Counted among the largest single campus universities in India, LPU has around 25000 students, 3500 faculty and staff....

Paytm opts for exclusive deals with merchants

Paytm, the payments platform, has decided to opt for direct deals with the merchants. The company has been sending termination notices to various payment aggregators like PayU, Citrus, Justpay, Ezetap and others. This means merchants have to complete the entire...

Former Alibaba executive joins Paytm as VP

Paytm, India’s most prominent online payment service provider appointed ex-chief of Alibaba Group Holding wholesale business, Bhushan Patil as the company’s new Vice-President, the company announced on Friday. The move comes as Paytm is looking to ramp up growth and...

Paytm-backed LogiNext targets $3 mn by 2017

LogiNext Solutions, the supply chain automation supported by Paytm is looking  forward to achieve a target of Rs 20 crore by next fiscal. It is also aiming at increasing its shipments up to 2 lakh per day, said a top...

Alibaba to venture into India, may tie up with Tata Sons

Chinese e-commerce giant Alibaba is planning to enter India this year and for a possible partnership, it has approached Tata Sons. It will take two quarters for Alibaba to finalise a joint venture partner. The company said it is evaluating...

Alibaba to set up tech development centre in India

Chinese e-commerce giant Alibaba Group is evaluating options to set up a technology development centre in India. The move is being seen as a global endorsement of India's software engineering talent, three people familiar with the development were quoted by The...

Paytm inks deal with PVR to sell film tickets

As a part of its Rs 120 crore investment in the online movie ticket business, Paytm, mobile payments platform, has inked a strategic deal with PVR. Now, PVR's movie tickets will be available on Paytm's e-commerce platform. The company...

Paytm eyes seller base of 5 lakh by FY17-end

By the end of next financial year, mobile payments firm Paytm is expecting to increase its seller base on its online marketplace multi-fold to 500,000. Currently, the company that offers a host of buying options to consumers has 100,000 sellers...
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