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Paytm to enable Indian sellers to source from China

Last Updated 26 June 2016, 17:18 IST

 Paytm has said it is currently working with Indian sellers to enable them to source products from China.

Paytm connects Indian sellers with trusted larger suppliers from China who already supply globally and help them with logistics as well. For efficient and optimised supply chain, the cross border plans will offer support of bonded warehouses in India and consolidation centres at the source countries. The company is piloting with fashion accessories category and will add mobile accessories, home decor later.

The new move is in line with Paytm’s commitment to serve Indian SMEs, bring them on to the mainstream digital economy and empower them with financial support through tie-ups with NBFCs,” Paytm said in a statement.

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(Published 26 June 2016, 17:18 IST)

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