Paytm Mall
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E-commerce companies may resume full services across country from today; await States' views
•E-commerce companies are waiting for more clarity from states before taking a final call on resumption of services in various locations.
Lockdown 3.0: From laptops to apparels, people place orders online for non-essential items; staff crunch may delay deliveries
•From laptops to apparels, people logged on to e-commerce platforms like Amazon, Paytm Mall and Snapdeal on Monday to place orders for non-essential items
Wellness brand Gaia launches 48-hour doorstep delivery services; plans multiple payment options to customers
Fp Staff •Gaia has been providing its vast range of nutritional supplements and health food options pan-India since 23 March.
Paytm e-commerce narrows losses to Rs 1,171 cr in FY19; focuses on building online-to-offline business channels
•Paytm e-commerce, which is locked in a battle with giants like Amazon India and Walmart-backed Flipkart, clocked about 25 percent jump in total revenue at Rs 968.16 crore in 2018-19
eBay picks up 5.5% stake in Paytm Mall for $150 mn; investment to boost Noida-based firm's valuation to nearly $3 bn
Fp Staff •eBay also said it had reached an agreement with India’s Paytm Mall, owned by Paytm e-commerce, to bring its global inventory onto Paytm’s marketplace
Paytm Mall ropes in EY to investigate cashback row; plans to build tech-driven fraud prevention system
•Paytm Mall said it continues to "de-list fraud merchants and take strict action wherever needed".
Paytm Mall plans to hire 300 people in next few months across biz, technology, product segments
•With O2O, Paytm Mall is ensuring availability of a wide range of products and offers across online and offline stores, it said.
Paytm to raise $1.5-2 billion from existing investors SoftBank Vision Fund and Alibaba, total valuation to touch $16-18 bn
Fp Staff •Paytm's e-commerce affiliate Paytm Mall is also in talks with online marketplace eBay to raise around $150 million
E-commerce, consumer internet companies raised over $7 billion in private equity and venture capital funding in 2018: EY
•Of all companies, startups like OYO, Swiggy, Byjus, PayTm Mall, Pine Labs, Zomato, Udaan, PolicyBazaar and CureFit have collectively raised the lion's share around $4.6 billion
Indian startups raise $38.3 billion funding in 2018; e-commerce, fintech attract highest investments: Report
•Around 1,000 deals were signed by Indian startups in 2018 with areas like e-commerce, fintech, sustainability and renewable energy