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Post on Medial

Vaibhav Babruwan Shingde

Stealth • 6m

• Paytm enters ride-hailing sector through ONDC to challenge duopoly of Ola-Uber: • Vijay Shekhar Sharma's company, Paytm, is planning to start providing auto-rickshaw rides in cities like Delhi, Bengaluru, and Chennai. They will do this through the Indian government-supported Open Network for Digital Commerce (ONDC). • Do you think guys, it is going to be cluttered market.❓

22 replies33 likes

Replies (22)

Harini G A
•

Cappricio Securities • 6m

Good initiative but I would rather promote initiatives like Namma yatri. At one point, any mediator will need to start making more money and this may lead to similar issues like what we face in Ola, uber etc- the riders asking for more money than what is charged. We can't even blame them most of the time. But imagine a woman booked a cab in the middle of the night and the guy asks for extra money once she enters the cab... Do you think she'll be able to refuse it? initiatives like Namma Yatri attempt to reduce such incidents.

1 replies1 like

Jeet Sarkar
•

Norton • 6m

Not at all there is still place for new comers

2 replies1 like

Ayush

Stealth • 6m

It may seem lucrative but I am not sure how successful it will be. I feel this is a move made by Paytm to bring back the positive outlook of the company

1 replies2 likes

Anonymous 1
•

Wipro • 6m

They are trying to get the engagement back to paytm i think

1 replies1 like

Sahith

Stealth • 6m

I think paytm want to become monopoly in market as it had done great job in merchant side due to their hunger stargies they are lossing customers trust as due to Ban of RBI recently on paytm payments bank it faced huge loss as well as I saw some problems that merchant are facing some problems also first they have to slove in fintech side

1 replies2 likes

Havish Gupta

Stealth • 6m

Good move by Paytm. PayTm may become India's first successful super app. The Market is aldredy getting very cluttered. Ola, uber, nama yatri, and many more

4 replies1 like

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