• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, July 19, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Paytm eyes Rs 4K-cr revenue from fastest delivery service

by Dipti Gore
October 9, 2015
in Business, News
Reading Time: 2 mins read
1
Paytm eyes Rs 4K-cr revenue from fastest delivery service
TwitterWhatsappLinkedin

Paytm1

You might also like

Inside SpaceX Starbase’s Worker Injury Surge

Microsoft Shuts Down Movies & TV Store on Xbox and Windows

Apple Sues YouTuber Jon Prosser Over iOS 26 Leak

New Delhi, Oct 9 (PTI): E-commerce firm Paytm is starting a new service ‘Fastest Expert Delivery’ that will ensure that products are delivered within two hours from receiving the orders from customers.

The online shopping portal is planning to make an initial investment of Rs 100 crore to start this service and expecting to garner an additional revenue of Rs 4,000 crore in next one year from this platform.

“We are starting Fastest Expert Delivery (FED) programme with The MobileStore under which we will get mobile devices delivered to customer through an expert of the product within two hour of getting the order on our platform. We will spent Rs 100 crore in the next six months to popularise it,” Paytm Associate Vice President Amit Bagaria told PTI.

Under this programme, the expert delivering the product will also be able to demonstrate the features of the product purchased by the customer, he said.

“This is the first innovative delivery strategy which will not require us to invest on logistics as we will use their logistics to reach out to the customers. This is a mix of online and offline business where we expect many brands to come on board and increase value of the offering,” Bagaria said.

The MobileStore currently has over 550 outlets across 100 cities in India. This initiative with Paytm will cover 465 stores in 72 cities and offer consumers the perfect blend of online and offline retail.

The company has plans to extend this service to other product categories as well like washing machine, refrigerator and air conditions.

“While this model will enhance trust of customers towards online business, it will also generate business and savings for traditional retailers. We expect to generate additional revenue of over Rs 4,000 crore in a year from this model,” Bagaria said.

When asked about the business benefit the offline retailer will get by selling the product at online cost, Bagaria said that traditional retail stores are required to spend a fix cost to operate their shops and with this partnership their sales will increase but not the fix cost.

“With increase in sales volume, they will be able to pass on the benefit to the customers. Also, products will get tested before the customers on their doorstep, so we believe it will push up the sales,” Bagaria added.

Tags: Indiapaytmrevenues
Tweet54SendShare15
Previous Post

Flipkart sends half-a-million mail postcards to its users for ‘Big Billion Day’ sale !

Next Post

Now learning Code from Industry Experts is at your fingertips with PracticalCoding.in’s E-learning Platform!

Dipti Gore

Recommended For You

Inside SpaceX Starbase’s Worker Injury Surge

by Anochie Esther
July 19, 2025
0
Starbase

SpaceX’s Starbase facility in Texas is the nerve center of one of the most ambitious aerospace projects in history the development of the Starship rocket, a fully reusable...

Read more

Microsoft Shuts Down Movies & TV Store on Xbox and Windows

by Anochie Esther
July 19, 2025
0
Microsoft

In a move that has caught many users off guard, Microsoft has officially shut down its Movies & TV store on Xbox consoles and Windows PCs. As of...

Read more

Apple Sues YouTuber Jon Prosser Over iOS 26 Leak

by Anochie Esther
July 19, 2025
0
iOS 26

Apple has launched a federal lawsuit against well-known tech YouTuber Jon Prosser, accusing him of participating in a scheme to illegally access confidential features of iOS 26, months...

Read more
Next Post
Now learning Code from Industry Experts is at your fingertips with PracticalCoding.in’s E-learning Platform!

Now learning Code from Industry Experts is at your fingertips with PracticalCoding.in's E-learning Platform!

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?