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Gross merchandise value News

29 Aug 2017

Paytm Mall eyes $4 billion GMV run-rate this fiscal

Paytm Mall, which was spun off as a separate app in April this year, expects the growth to be driven by strong demand in categories like electronics, appliances, FMCG and fashion.

23 Feb 2017

MobiKwik to invest Rs 300 crore for business growth

Mobile wallet major MobiKwik on Thursday announced an investment of Rs 300 crore for expansion aimed at growing its user base from current 50 million to 150 million in 2017.

21 Oct 2015

MobiKwik eyes Rs 800cr monthly GMV, to expand offline partners

Mobile wallet company Mobikwik has said it expects monthly GMV to touch Rs 700-800 crore over the next 12 months with half of it coming from offline channels like mom-and-pop stores and restaurants.

Citrus Payment Solutions

16 Aug 2015

Citrus Payment guns for $4 bn GMV strike rate in FY16

Sequoia Capital-backed Citrus Payment Solutions, which operates online checkout and payment solution Citrus Pay, is looking to double its gross merchandise value (GMV) run rate to about USD 4 billion by the end of the fiscal.

15 Aug 2014

Shopclues expects Rs 1,500 crore merchandise volume in FY15

Buoyed by the robust growth in e-commerce market in India, online marketplace Shopclues expects its gross merchandise value (GMV) to hit Rs 1,500 crore for the current fiscal ending March 2015.

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