Paytm aims to become one stop shop for education sector services.
E-commerce and digital payments giant PayTM is all set to expand aggressively into yet another sector: Education. While the company already offers a number of services in the space, it is planning to expand this bouquet of services over the next few quarters.
Speaking to this publication, PayTM’s senior vice president Vineet Kaul said that the primary trigger for the company’s decision to expand its offerings in the sector was the sheer size of the market (India has between 200-300 million students) and the absence of a ‘one-stop-shop’ for all education services.
several products and services to be rolled out over the next few months, PayTM aims to cross Rs 20,000 crore in
Gross Merchandise Value by the end of this financial year in the education segment.