"We will continue engaging with our partnered retailers to build our inclusion programme and enhance their businesses. This will create new jobs and further support our nation," chief operating officer of Paytm Mall Amit Sinha said in a statement.
Paytm Mall has also introduced a retailer inclusion programme, under which the company will invest USD 5 million and has set up a dedicated team of 500 personnel to address the unique needs of these retailers, he said.
Paytm Mall aims to become the technology partner of retailers and brands, enabling them to set up stores online.
It expects that through technology, shopkeepers can leverage the power of mobile and generate additional sales through the Paytm Mall platform to increase their business.
The company would also facilitate access to working capital loans, a major pain-point for every small retailer and play a critical role in their growth plans, it said.
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