Paytm Mall
Date | Investors | Amount | Round |
---|---|---|---|
$200m | Growth Equity VC | ||
* | $455m | Growth Equity VC | |
$150m Valuation: $2.9b | Growth Equity VC | ||
Total Funding | AUD1.2b |
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EditPaytm Mall is an e-commerce platform that provides a diverse selection of products ranging from fashion and electronics to home essentials and groceries. The platform primarily serves individual consumers in India, offering them a convenient and secure shopping experience. Paytm Mall operates in the highly competitive Indian e-commerce market, which includes major players like Amazon and Flipkart. The business model is based on a marketplace approach, where various sellers list their products on the platform, and Paytm Mall facilitates the transactions. Revenue is generated through commissions on sales, advertising fees from sellers, and value-added services such as premium listings and logistics support. The company emphasizes customer satisfaction with features like 100% assurance on transactions, immediate refunds, and 24x7 customer support. Paytm Mall also ensures quality by shipping products from certified warehouses and offering a 'Paytm Mall Promise' for quality assurance.
Keywords: e-commerce, marketplace, secure transactions, refunds, customer support, diverse products, certified warehouses, Indian market, fashion, electronics.