Sun, Dec 4, 2016 | updated 07:47 PM IST

Paytm leverages Loginext's tech expertise to scale up logistics, pan India reach

Updated: Oct 27, 2016 14:51 IST

New Delhi [India], Oct 27 (ANI): India's largest mobile payment and commerce company Paytm has announced it collaboration with LogiNext, one of India's leading tech innovator in the field of logistics, route optimization and supply chain management.

As the leading mobile wallet and fastest growing mobile-first marketplace and payments ecosystem, Paytm serves over 130 million users presently.

To further extend its marketplace services to indigenous merchants spread across the geography, Paytm trail-blazed its SEED initiative, promising speedy, efficient and effective deliveries to its ever-increasing user base.

"We are a leading player in marketplace business, taking into account the combination of our digital and physical outreach. In regards to our small merchants, while we can offer them business, they would still have to manage the daily operations on their own," said President of Paytm, Bhushan Patil.

"Paytm wants to delve further into the field, maybe do some KYC requirements. So, products like Force, which is a field workforce optimization software, would help us to make sure that the designated work is done and provides us visibility of our partners in every nook and corner of India," added Bhushan Patil.

"LogiNext app has an excellent inbuilt feature of taking in the resources that are available, optimizing them based on where the pick-up points are, and giving the SEED provider a perfect solution to pick. They integrate with our systems real-time, get that data and exactly tell the guy picking up, whether you need to pick it up or not. All this helps us in reconciliation, gives information pro-actively to the team that is coordinating between the seller and the buyer, thereby improving the experience for all of them," said DGM at Paytm, Anshul Singh. (ANI)