India’s digital payment giant Paytm opened its third office in Bengaluru renting a 150-seat space in a flexible office in Bengaluru as it seeks to expand up presence in the startup capital of India.
Paytm is on a head count expansion spree to bring on board 2,000 executives in South India alone to widen its merchant base. The company signed the deal for the dedicated seats or private studios with co-working community venture Innov8 in Koramangala in Bangalore. Paytm booked one and a half floors to house employees for their latest office in Bangalore.
“With this major partnership with Paytm, the co-working space becomes profitable in its third centre also within the first month of its launch,” said Shailesh Gupta Co-founder and COO of Innov8.
Read more: The Economic Times