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Paytm Mall cuts functions from One97; to be led by Vijay Shekhar
short by Kanishka Pandey / on 13 Aug 2019,Tuesday
Noida-based fintech giant Paytm's e-commerce arm Paytm Mall has separated all functions from its parent firm One97 Communications. The new entity will also be led by Paytm Founder and CEO Vijay Shekhar Sharma. Last valued at over $3 billion with eBay picking up a 5.5% stake, Paytm Mall recently adopted a hyperlocal business model and is shutting down its warehouses.
short by Kanishka Pandey / 05:14 pm on 13 Aug
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