Published
Jul 10, 2017
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Paytm Mall to hire workforce for e-commerce battle in India

Published
Jul 10, 2017

Alibaba-backed firm Paytm Mall is on a hiring spree in the country as it looks to be battle ready to take on leading e-commerce giants like Flipkart and Amazon in India’s competitive e-commerce market.


Paytm has transferred around 800 employees from its parent company One97 Communications to its commerce entity Paytm E-Commerce to scale up its operations - Paytm Mall


Paytm has transferred around 800 employees from its parent company One97 Communications to its commerce entity Paytm E-Commerce to scale up its operations. These employees were actively involved in the e-commerce business from One97 Communications, Paytm said in a statement.
 
The e-commerce unit is planning to hire a 2,000-strong workforce to gain a dominant share of India’s booming e-commerce market. Paytm Mall, which is backed by the Chinese e-commerce giant, has not made any significant progress in the e-commerce space in India. Its rivals Flipkart and Amazon have surged ahead with heavy capital investments in infrastructure and technology.

Earlier in the year Paytm Mall had received a capital infusion of $200 million led by Alibaba with SAIF Partners to boost its India operations.
 
Amit Sinha, Chief Operating Officer at Paytm Mall said: “Paytm Mall was innovating on multiple aspects of discovery and logistics among others to emerge as the preferred destination for consumers. It will add about 3,000 agents to expand its footprint in smaller cities."

Paytm is slowly building its e-commerce business in India and unlike other firms that focus on metros, it is targeting the smaller and lesser known cities of the country to drive growth. The company is also banking on quality sellers and exclusive product launches to compete with e-commerce biggies in India.

Paytm Mall was launched in February offers products across different categories.

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