Paytm plans to build travel marketplace

Paytm.com , India's fastest growing e-commerce company is planning to launch a travel marketplace just similar to Chinese eCommerce company Alibaba's travel marketplace Alitrip .
The company is planning to expand its merchandise value to $ 3-4 billion.

As per the Economic times report it is reveled that Noida based Paytm has roped in Satish Mani , co-founder and chief technology officer of online fashion retailer Zovi to develop marketplace buiseness. Paytm also contacted Alibaba group to raise $ 600 million .

"Our approach is to build an Alitrip kind of business in India"
                                                         - Vijay Shekhar Sharma ,co-founder & CEO of Paytm

Vijay also told that Paytm will start signing up hotels and travel agents on platform from next month.
  
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