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.
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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