100 cr in cloud!!! Paytm which aims to nearly triple its GMV (gross merchandise value) run rate to Rs 25,000 crore by the year-end from the existing Rs 9,000 crore – plans to ship orders to 39,000 remotest pin codes through its logistics cloud platform, covering almost the entire country.

We have already covered 30,000-odd pin codes as part of the network, offering one of the widest networks in the e-commerce space. We will be able to scale up business in Tier-2 and -3 cities and towns, as well as service the remotest corner in the north-east and south to provide last-mile connectivity.

Paytm distributes only 5% of its orders in the east, while only 17% of the west is serviced. A bulk of the orders, around 46%, comes from the north, followed by the south at 32%. The courier companies are not connected physically but through a mobile and mobile app. Hence, they are linked through technology on a cloud network. Paytm will bear the cost of providing the software, mobiles, mobile application and cloud service to the small courier companies, and help them to become tech-savvy.

only 5% of our online transactions are cash-on-delivery, rest is through the mobile wallet, Paytm rivals have an average of 60% orders, which are cash-on-delivery. As part of the network, it is setting up SEED centers (Speedy Express Efficient Delivery), which will enable them to consolidate shipments from a network and route to specific courier partners, and reduce the last-mile delivery timelines

Paytm founder and CEO-Vijay Shekhar Sharma