India: Paytm E-Commerce aims to hit $10b in gross sales by March next year

India: Paytm E-Commerce aims to hit $10b in gross sales by March next year

Paytm CEO Vijay Shekhar Sharma. Photo: Ramesh Pathania/Mint

Alibaba Group-backed Paytm Mall is aiming for a nearly threefold rise in annualized gross sales to $10 billion by March 2019 as it ramps up efforts to garner a bigger slice of India’s expanding online retail market.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter