E-commerce platform Paytm Mall on Wednesday said it has expanded into exports while targeting Rs 500 crore gross merchandise value (GMV) in the first two years of operations.
“We have entered into exports with an objective to offer a range of Indian products across the global markets with super efficiency,” Sanjeev Misra, Senior Vice President – Paytm Mall, said in a statement.
“Our efforts are to become the single largest gateway for global consumers to buy made in India products. We have a well-established network of suppliers and are deploying our team across the geography,” Misra added.
Paytm Mall has also been engaging with various other leading partners like Mawarid Distribution, Mayar Foods, Vedica Organics and Five River Foodstuff.
The company has expanded Indian goods to regions such as Southeast Asia, the Middle East, Canada, the US and Africa, and also increased opportunities for growth.
The platform offers “Made in India” products like rice, spices, tea, dry fruits, millets, essential oils, quinoa, moringa, organic food, frozen food, fresh fruits and vegetables, etc.
Paytm Mall has set up 17 fulfillment centers across India and partnered with 40+ couriers and is redefining the e-commerce space in India.