Paytm Mall on hiring spree, eyes Rs 10,000-crore business in a year

This comes amid reports of the firm's plans to scale down its online marketplace biz

Putting speculation to rest and eyeing a comeback, Paytm Mall, the online marketplace firm of Vijay Shekhar Sharma-led One97 Communications, is planning to hire as many as 500 back-end tech team members. The company is targeting Rs 10,000 crore in business over the next 12 months.

The news comes amid reports that the company was planning to scale down its online marketplace business and eventually exit it. The company, however, has been through some internal reshuffle as well as changes so that it can revamp and reboot. According to sources, while Amit Sinha, chief operating officer (COO) at Paytm Mall,