Paytm Mall looks to invest in online grocery firms to boost its essential delivery business

business

While the talks are still at the initial stage, Paytm Mall which took a lean approach last year by shutting down its warehouses, wants to invest and partner with these firms to get access to their warehousing infrastructure, as it looks to boost its hyperlocal delivery play.
While the talks are still at the initial stage, Paytm Mall which took a lean approach last year by shutting down its warehouses, wants to invest and partner with these firms to get access to their warehousing infrastructure, as it looks to boost its hyperlocal delivery play.

At present, close to 40% of Paytm Mall’s GMV (gross merchandise value) comes from grocery deliveries, after e-commerce firms was forced to deliver essentials, during the first three lockdowns in the country, due to the covid-19 crisis, starting 25 March.

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