Paytm E-Commerce driven Paytm Mall is all set to invest a substantial amount in strengthening its logistics network. A news agency has reported that the company has decided to put in $35 million investment in supply chain oriented technological processes and infrastructure. The objective is to reduce the delivery timeline especially of electronic products in country’s key consumption centers.
“We aim to build a trusted and highly efficient logistics network to enable our partnered retailers to offer same-day and next-day deliveries,“ Amit Sinha, chief operating officer, Paytm Mall has been quoted as saying in the report. “This will help local shopkeepers offer a more convenient shopping experience and enable brands to save up to 50% on logistics, as they will be able to bypass inter-city logistics costs.“ Earlier, Paytm Mall had delisted six of its 14 logistics partners.