Paytm Mall eyes to sell over half a million two-wheeler in 2017

Paytm Mall, e-commerce platform for Paytm, has crossed sales of Rs 100 crore from the two-wheeler category.

In a statement, Paytm said, "Paytm Mall has noted a massive surge in two-wheeler sales over the last year as sales figures crossed Rs 100 crore. The company is currently witnessing over 3X quarter-on-quarter growth in the number of vehicles sold.”

 Paytm Mall's two-wheeler booking platform was launched in February 2016 and is available across 187 Indian cities.

The platform includes offerings from brands like Suzuki, Honda, Hero and Yamaha, among others. The company sold 50,000 units in 2016.

Saurabh Vashishtha, Vice-President, Paytm mall, said, "Our goal is to partner with offline stores by helping them grow their business online rather than to cannibalise their sales. We aim to bring brand authorised stores and consumers on the same platform, thereby increasing trust and business opportunities for the merchants.”

The company stated, “The aim is to sell over half a million two-wheelers this year.”