Vaisakhi Offer- Use Code VAISAKHI24

Register Now

Paytm E-commerce has changed itself to Pai Platforms

Published on February 13, 2024
Current Context: Paytm E-commerce has indeed changed its name to Pai Platforms. This change was approved by the Registrar of Companies on February 8, 2024.
Paytm E-commerce has changed itself to Pai Platforms
  • Along with the name change, Pai Platforms has also acquired Bitsila, a seller platform on ONDC.
  • This acquisition is expected to strengthen Pai Platforms’ presence in the online retail business.
  • Bitsila, launched in 2020, is among the top three seller platforms on ONDC and supports marquee brands like McDonald’s, BigBasket.
  • It manages over 600 million product categories across over 10,000 stores in more than 30 cities.
  • The platform caters to various sectors, including grocery, food and beverages, fashion, beauty, personal care (BPC), and home decor.
  • Elevation Capital is the largest shareholder in the newly named Pai Platforms.
  • It is also backed by Paytm Founder and CEO Vijay Shekhar Sharma, Softbank, and eBay.

Question:

Q.1 What is the new name of Paytm E-commerce?
a. Paytm Platforms
b. Pai Platforms
c. Pay Platforms
d. Pi Platforms
ebook store

About us

ramandeep singh

Ramandeep Singh is a seasoned educator and banking exam expert at BankExamsToday. With a passion for simplifying complex concepts, he has been instrumental in helping numerous aspirants achieve their banking career goals. His expertise and dedication make him a trusted guide in the journey to banking success.

  • Follow me:
Close Menu
Close Menu