English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessPaytm sees 3-fold jump in gold sales on Akshaya Tritiya

    Paytm sees 3-fold jump in gold sales on Akshaya Tritiya

    Over 1.5 million customers transacted 20 kg of gold items, mainly 24 carat gold coins, on its platform on the Akshaya Tritiya day this year, compared with 6.5 kg gold items on the same day last year, Paytm said in a statement.

    PTI
    April 20, 2018 / 17:09 IST

    Mobile wallet firm Paytm today said its gold sales rose three-fold to 20 kg in a single day on the occasion of Akshaya Tritiya on April 18.

    Maximum sales were reported in Bengaluru, Delhi NCR, Hyderabad, Mumbai and Kolkata.

    Over 1.5 million customers transacted 20 kg of gold items, mainly 24 carat gold coins, on its platform on the Akshaya Tritiya day this year, compared with 6.5 kg gold items on the same day last year, Paytm said in a statement.

    "We will expand our product portfolio aggressively in the coming months that will bring wealth management to masses," Paytm senior vice-president Nitin Misra said.

    PTI
    first published: Apr 20, 2018 04:55 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347