Paytm Payouts Crosses Rs 100 Crore Worth of Corporate Gifting Transactions in Yearly GMV
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Paytm has announced that its Payout service that enables businesses on the digital finance platform to make multiple instant money transfers to employees, vendors, and partners has crossed Rs 100 crore worth of transactions in corporate gifting. The company today announced that the corporate gifting using Paytm s Gift Wallet Card and 24-Karat Digital Gold has crossed Rs 100 crores in yearly Gross Merchandise Value (GMV). Paytm said that the growth comes as companies are adopting the offerings by Paytm Payouts with the ongoing pandemic as a safe, efficient, and cost effective way to spread the festive cheer.
ANS Commerce plans to expand internationally in 2021
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Zomato partners with InCred on credit to restaurant partners
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December 21, 2020
Kolkata-based e-pharmacy, SastaSundar, plans to expand into the northern and western regions while strengthening its presence in the existing markets in the eastern and north-eastern regions.
According to BL Mittal, Founder and Executive Chairman, SastaSundar.com, there has been a steady traction in demand from the smaller towns and cities, as getting access to certain medicines has been difficult in some of these places.
“We are currently present in around nine States. We are looking to move into Maharashtra, Gujarat, Delhi, UP, Rajasthan, Haryana and Odisha in the next one-to-two years thereby taking our total network to around 16 states,” Mittal told
Express News Service
BENGALURU: Zomato is now India’s most valued food delivery start-up, hitting a valuation of $3.9 billion and surpassing rival Swiggy’s $3.6 billion. Before Friday, the Hurun India Unicorn Index 2020 had pegged both Swiggy’s and Zomato’s valuations at $3.6 billion.
Investors have been betting on food delivery majors despite the constraints of the pandemic and Swiggy had raised $156 million in a funding round earlier this year, led by South African internet giant Naspers and seeing participating from others including China’s Tencent.
Zomato’s attempts to raise around $150 million from China’s Ant Financial had hit a snag after India- China tensions flared. However, its Friday fundraise beats Swiggy’s handily.