India's Paytm signs up 1000 brands to open online stores

Paytm said it has tied up with more than 1,000 brands including Puma, Samsung, Samsonite, Casio and Lakme to enable them to open their online stores on its ecommerce stage.

"Genuine force of online stages is in interfacing venders and brands straightforwardly with the end clients. The stage that we have made for brands gives them complete control of their online nearness," Amit Bagaria, vice-president at Paytm, said on Sunday.

The declaration comes a week after top e-business player Flipkart said it is charming the absolute most prevalent electronic and attire brands including HP, Wildcraft, Peter England, Bosch and @Home with another offering that permits them to make "stores" on its computerized commercial center.

As indicated by Paytm, the online brand stores are free online retail locations wherein brands can control the dealers who are offering in their store, stock, evaluating and advancements. They will likewise have the capacity to run limited time crusades and tag their physical stores, empowering them to produce deals for their disconnected from the net channel through this online store.