As these companies get bigger, sending out numerous payment links is not the most efficient way of doing business. They need a more accommodative solution. Like a payment gateway that can process hundreds of transactions a day. So far, Instamojo has stayed away from offering a gateway itself because of the low margins in it … Read moreIs the margin for the Instamojo really low?
So, how much of that has happened? The duo argues that these numbers have gone through a sea change since the last documents were filed. But neither is willing to comment on the split between OTAs or traffic generated from their own portals. The argument is that once the tipping point comes and customers start … Read moreThere is a middleman for a middleman
The company has gone through three different iterations in the last six years. But the story of chaos starts in 2015 when Zivame managed to raise Rs 250 crore ($38 million). Those were heady days; e-commerce was hot and investors were willing to pour lots of money into it. And when you have lots of … Read moreRunning through the phases