What Could Be the Biggest M-Commerce and M-Wallet Play in India?

If you wanted to see a great example of connected commerce where payments is just an end-point, this story is for you. Vijay Shekhar Sharma, Founder & CEO of One97 Communications, which owns Paytm, has kept aside $400 million for expanding its online marketplace business in India.

With the aim of online marketplace expansion, Paytm plans to bring 100 million stock-keeping units (SKUs) from China to India. Currently, it has around 100,000 sellers on its platform. Snapdeal, by comparison, has close to 200,000 seller ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.