In recent developments within India's tech and finance sectors, Bangalore-based Udaan and digital payments giant Paytm have announced major plans to enhance their business operations. Udaan is set to utilize its latest funding to bolster customer experience, increase market penetration, and improve supply chain operations, with the platform already boasting over 3 million registered retailers and more than 25,000 sellers. Concurrently, Paytm has disclosed its strategy to overhaul its online wealth management services. In a significant expansion move, the company aims to recruit over 50,000 salespeople to bring more merchants onto its network, with the objective of achieving profitability ahead of its previously established targets.
#India’s #Paytm plans to revamp its online wealth management services and hire more than 50,000 salespeople to get more merchants on its network, aiming to hit profitability sooner than targeted. https://t.co/li3t1Goyfo
Paytm plans to revamp its online wealth management services and hire more than 15,000 salespeople to get more merchants on its network, aiming to hit profitability sooner than targeted https://t.co/59YiVdtps9
Correction: Paytm plans to revamp its online wealth management services and hire more than 15,000 salespeople to get more merchants on its network, aiming to hit profitability sooner than targeted https://t.co/Bl9E2DofG3
Paytm plans to revamp its online wealth management services and hire more than 50,000 salespeople to get more merchants on its network, aiming to hit profitability sooner than targeted https://t.co/yE55cWYxwg
Bangalore-based Udaan plans to use the funding to strengthen customer experience, expand market penetration and improve supply chain operations. The company says it has over 3 million retailers as registered users and more than 25,000 sellers. https://t.co/OmjMWL0jam