India’s Paytm Mall investing $35m in logistics

Indian e-commerce play Paytm Mall is reportedly planning to invest $35m in technology and infrastructure to strengthen its logistics capabilities. According to local reports, Paytm Mall is looking to invest in its logistics partners to build up the required delivery capacity. The company is reported aiming to provide same-day and next-day deliveries for electronic gadgets and appliances across 25 cities in India.

Paytm Mall Chief Operating Officer Amit Sinha was quoted as saying: “We aim to build a trusted and highly efficient logistics network to enable our partnered retailers to offer same-day and next-day deliveries.

“This will help local shopkeepers offer a more convenient shopping experience and enable brands to save up to 50% on logistics, as they will be able to bypass inter-city logistics costs.”