Leading e-commerce platform Paytm Mall has announced that it is venturing into exports to become India’s largest trading house for “Made in India” products. The company is eyeing Rs. 500 crore gross merchandize value (GMV) in the next two years.
“We have entered into exports with an objective to offer a range of Indian products across the global markets with super efficiency,” Sanjeev Misra, Senior Vice President – Paytm Mall, told media. Throwing more light Misra added that Paytm is aiming to become the single largest gateway for global consumers to buy Made in India products. The company has a well-established network of suppliers and is also deploying teams across several geographical locations for maximum outreach.
In its efforts to popularize Indian products in global markets Paytm Mall has been partnering with entities such as Mawarid Distribution, Mayar Foods, Vedica Organics, Ceegee Impex, Five River Foodstuff, and so on. As a result it has expanded market for Indian products in Southeast Asia, Middle East, Canada, the US and Africa and provided increased business opportunities for Indian sellers.
Paytm Mall which is owned by Paytm Ecommerce Private Limited has been redefining the e-commerce space in India with its unique offline-to-online model.
