Paytm is counted among famous ecommercecompanies of India that was started in 2010 . Company is owned and managed by One97 Communications
that was initially a Mobile and DTH Recharging. Company has corporate office
in Noida.In 2014
company entered in India's e-commerce market and
started selling online products like other website Flipkart and Snapdeal.
In
2014, company launched Paytm Wallet, online wallet from where users can pay
online to all the transactions. Presently it is the largest wallet of India and
has over 40 million customers. This payment option is becoming popular in India
and the entire online website like Uber, BookMyShow, and MakeMyTrip
allowing transactions using this wallet,
To run
the business in ecommerce environment its important to have
funding. In March 2015 Ratan Tata the managing director of TATA group has
invested in PAY TM and in the same month company has received funding of $575
million from Alibaba. Company has invested huge money in promotions
on television, Google and mailers. Overall for working PAYTM is one of
the best company and has been a good place to work where employees gets lots of
exposure and learning.
The products offered - All
the fresh products that the mind can think of are offered by the firm. It
includes the Grocery, the staples, packaged food, Confectionary and biscuits,
Dairy and Breakfast. The freshness of
all these products are vouched and maintained. The customer can have a look at
the entire catalogue and order according to the need. The interested buyers can have a look at the
new products and the product details as well.
About the funding - Techno
Group, a company having expertise in the sectors of real estate and hospitality
have provided funds of 1.5 million dollars to Greencart. The future really
looks bright with many other corporate looking to invest.
The team - Greencart was
the brainchild of Mr Rajiv Tevtiya, an alumnus of JBIMS. The technology part of
the organization is looked after by Mr Kiran Tevtiya. The other member who is
responsible for this start up to blossom is Mr Devidas Mule. The team spirit is
one of the key factors towards the success of this firm.