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Paytm Mall looks to invest in online grocery firms to boost its essential delivery business

India covid-19 crisis
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While the talks are still at the initial stage, Paytm Mall which took a lean approach last year by shutting down its warehouses, wants to invest and partner with these firms to get access to their warehousing infrastructure, as it looks to boost its hyperlocal delivery play In a bid to boost its play in delivery of essentials, Paytm Mall has begun discussions with online grocery delivery firms such as Grofers and MilkBasket to make a potential investment, according to two individuals, directly aware of the discussions.

While the talks are still at the initial stage, Paytm Mall which took a lean approach last year by shutting down its warehouses, wants to invest and partner with these firms to get access to their warehousing infrastructure,

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United States
United States
Cases: 46 252 513
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Recovered: 0
India
India
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Brazil
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Russia
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Deaths: 237 619
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