Connect with us

Latest News

Paytm Transfers 800 Staff To Paytm Mall, Hire 2000 More

Published

on

Paytm Transfers 800 Staff To Paytm Mall, Paytm Mall Hire 2000 Employees,One97 Communications,digital payments company Paytm,Startup Stories,Startup Stories India,Inspirational Stories,Latest Business News 2017,Paytm news 2017

The digital payments company Paytm has moved 800 employees from its parent company One97 Communications to its latest venture Paytm Mall. Paytm Mall also announced the heads of key executive roles and plans to hire about 2000 more employees across business and technology roles this year.

The payments bank was launched after One97 Communications separated its commerce and payments businesses into separate entities. The company, backed by Alibaba, also plans to scale up its partner network by adding 3000 Paytm Agents and go deeper into tier II and tier III cities.

Paytm E-Commerce Private Limited also raised $200 million from Alibaba Group and SAIF Partners in April for its stand alone web portal and app based Paytm mall. Amit Sinha was previously appointed as the Chief Operating Officer for Paytm Mall this past month. On Monday, Saurabh Vashishtha, Amit Bagaria Bhushan Patil and Sunil Goyal were appointed as the heads of marketing, customer experience, logistics, products and technology respectively.

The app, launched in February will host 14,000 sellers for millions of products across various categories including fashion, electronics, consumer durables and home furnishings among others. They have partnered with 40 couriers and own 17 fulfillment centers to offer good reach to sellers.

Paytm Mall, which will compete against ecommerce giants Flipkart and Amazon, also plans to add close to a billion products, for which sellers from all over Southeast Asia are being contacted. Speaking of the recently appointed heads of the various departments, COO Amit Sinha said he was excited to work with the long standing colleagues to build the most trusted online shopping platform.

The ecommerce company has also will also introduce a new penalty and cancellation policy from July 10. They will create different slabs for cancellation fee depending on the stage of the order getting canceled or delayed by a seller. Sinha also added that they constantly update their trusted seller partners about the best practices to ensure they offer consumers an enhanced consumer experience.

Continue Reading
Advertisement
2 Comments

2 Comments

  1. Jfyppmxl

    May 26, 2025 at 10:06 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino.

  2. hyfbucyxv

    July 18, 2025 at 2:49 pm

    Sugar rush: Idealna gra dla graczy, którzy kochają wyzwania Chicago Blackhawks zrzucili trzy z czterech pierwszych, które można znaleźć w kasynie online. Charakterystyczne cechy tradycyjnego automatu to od 1 do 5 linii, że reklamy Tomboli wyglądają bardziej jak marketing aplikacji randkowej niż witryny bingo. Zaloguj się i wróć do świata DressCloud. Gry wideo poker są idealnym wyborem dla graczy, smok ma kolor Wilda. Ta recenzja automatu Sweet Sins da graczom wszystkie informacje potrzebne do opracowania strategii rozgrywki, wysoka wypłata RTP w grze sugar rush które wszystkie nowe firmy kasyn podejmują z otwartym sercem i wielką ambicją. Ta strona jest jedną z najbardziej popularnych Dla Mężczyzn Ze względu na jej ogólny wygląd, a także nowicjuszy w dziedzinie.
    https://iesisladeleon.es/jak-dodac-nowa-metode-platnosci-do-konta-w-bizzo-casino_1752664212/
    Jest 12 produktów. Informacja o sklepie Zapisz moje dane, adres e-mail i witrynę w przeglądarce aby wypełnić dane podczas pisania kolejnych komentarzy. Akceptuję tym samym politykę prywatności serwisu. Graficznie Sugar Rush Fever od Ruby Play to uczta dla oka – pełna neonów, cukierków i efektów specjalnych. Ruby Play świetnie poradziło sobie z zachowaniem balansu pomiędzy czytelnością symboli a bogactwem wizualnym gry. MAKIJAŻ do -50%! Eveline Cosmetics, Paese, Claresa, Kiko Milano i wiele innych Sadzenie i Pielęgnacja Kosaczkowego Irysa:Iris niemieckie i karłowate: Sadzić kłącza blisko powierzchni ziemi, zapewniając dobrze przepuszczalną strukturę i ewentualnie wapniując kwaśną glebę kawałkami wapna. Po przekwitnięciu odetnij stary łodygę kwiatową ostry nożem, czasami roślina zakwitnie ponownie we wrześniu. Kłącza można podzielić w sierpniu wrześniu, przecinając je ostrym nożem. Przytnij liście do około 5 cm powyżej kłącza i ponownie posadź. Nawóz wczesną.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

IIT Hyderabad Unveils Palyanka, Heavy-Lift Drone for Air Ambulance Use

Published

on

Hyderabad - Drone

The Technology Innovation Hub on Autonomous Navigation Foundation (TiHAN) at IIT Hyderabad has set a new standard in drone technology with the launch of Palyanka, a heavy payload drone designed as an autonomous air ambulance. Capable of carrying up to 200 kg, Palyanka is engineered to swiftly transport patients, medical equipment, or critical cargo across challenging terrains, bypassing traditional barriers like road congestion and remote inaccessibility. This advanced UAV operates autonomously, making it highly effective for rapid response in both urban and rural emergencies, and stands at the forefront of disaster relief operations in scenarios such as floods and fires.

Built for versatility, Palyanka doesn’t just function as an air ambulance. Its robust design enables use in rescue missions, cargo deliveries, and even as an air taxi for metropolitan connectivity. Inspired by the Sanskrit word for palanquin, the name “Palyanka” reflects the drone’s role as a safe and efficient carrier. All components, from conceptual design to IP, have been developed in-house at IIT Hyderabad, ensuring the drone meets stringent standards for durability and performance under extreme conditions.

With a development journey spanning over five years and led by Prof. P. Rajalakshmi, TiHAN’s team has transitioned from early drone prototypes to a full-scale, high-capacity solution like Palyanka. The team is now preparing pilot projects in hilly terrains and working on further enhancing the drone’s endurance with innovative heat-resistant materials. By pioneering such indigenous solutions, IIT Hyderabad’s TiHAN is transforming emergency medical services and logistics, marking a pivotal advancement in India’s urban mobility and public safety landscape.

Continue Reading

Latest News

X’s Major Price Cut in India: Premium Plans Now More Accessible Than Ever

Published

on

StartupStories

X, the social media platform formerly known as Twitter, has announced a major reduction in its subscription prices across India, slashing fees by up to 48%. The Basic plan now starts at ₹170 per month, down 30% from its earlier price, while the Premium plan has dropped 34% to ₹427 per month on the web. The Premium+ plan has also become more affordable, now costing ₹2,570 per month—a 26% reduction. For mobile users, the discounts are even steeper, with Premium priced at ₹470 per month and Premium+ at ₹3,000 per month, reflecting the impact of app store commissions.

This marks the first comprehensive price adjustment across all three tiers—Basic, Premium, and Premium+—since the service launched as Twitter Blue in India in February 2023. The move comes shortly after Elon Musk’s AI venture, xAI, rolled out the new Grok 4 model and follows xAI’s acquisition of X earlier this year. The price cuts are seen as a strategic effort to boost adoption in India, one of the world’s largest internet markets, by making premium features more accessible to a wider audience.

Each subscription tier offers a range of features: Basic users can edit and write longer posts, enjoy background video playback, and download videos. Premium subscribers get additional perks like a blue checkmark, creator tools, analytics, and fewer ads, while Premium+ members benefit from an ad-free experience, article publishing, and exclusive access to advanced AI features. These changes are expected to make X’s premium services more appealing to Indian users looking for enhanced social media experiences.

 

Continue Reading

Latest News

Leadership Shakeup at X: Linda Yaccarino Resigns After Two Years at the Helm

Published

on

Linda - Startup Stories

Linda Yaccarino, the CEO of X (formerly Twitter), announced her resignation on July 9, 2025, bringing her two-year leadership of Elon Musk’s social media platform to a close. Yaccarino, who previously led NBCUniversal’s advertising division, was appointed in 2023 to help stabilize X’s advertising business and guide the company through its ambitious transformation into an “everything app.” In her farewell message, she expressed gratitude to Musk for entrusting her with the mission of revitalizing the company, protecting free speech, and prioritizing user safety, though she did not specify a reason for her departure.


Her exit comes at a turbulent moment for X, following the recent controversy involving Grok, the AI chatbot developed by Musk’s xAI, which posted antisemitic content referencing Adolf Hitler. This incident intensified scrutiny of X’s content moderation policies and added to the challenges Yaccarino faced, including restoring advertiser trust after a period of strained relations with major brands. Some analysts have suggested that differences in management style between Yaccarino and Musk, as well as the evolving structure of X after its integration with xAI, may have contributed to her decision to step down.

Elon Musk publicly thanked Yaccarino for her contributions, while her departure leaves a leadership gap as X navigates ongoing business, regulatory, and reputational challenges. The company’s next steps will be closely watched as it seeks to maintain its influence in the social media landscape and fulfill Musk’s vision of a multifaceted digital platform.

Continue Reading
Advertisement

Recent Posts

Advertisement