Paytm E-commerce is now Pai Platforms: Acquires Bitsila in a Bid to Bolster Digital Commerce gizbot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gizbot.com Daily Mail and Mail on Sunday newspapers.
According to sources aware of the development, the company had applied for a name change around three months ago and got the approval from the Registrar of Companies on February 8.
"We firmly deny the news of Paytm s proposed acquisition of Bitsila," a company spokesperson said in a statement. The statement comes in response to media reports of Paytm E-commerce platforms acquiring Bitsila.
Paytm E-commerce has changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business.