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Payments Firm Targets a Million Merchants

Digital payments company Paytm, founded by Vijay Shekhar Sharma, is handholding small and medium enterprises (SMEs) to come online. It hopes to expand the network of merchants on its e-commerce marketplace from the existing 60,000 to 100,000 by the end of this year and, eventually, to a million. Through its GoBig platform, the Alibaba-backed firm is not only providing tech tools such as content writers, web marketers and photographers but has also created a directory of service providers that extend loans to SMEs along with finance and accounting firms.

Read the whole story at Business Standard »

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