NEW DELHI: Mobile payments and commerce platform Paytm plans to hire 100 people in Bangalore to support “tremendous” growth that it is seeing in its travel vertical.

Paytm on Sunday said that over 10 million travel tickets were booked on its platform since the launch a few months back. The Noida-based firm added that its travel vertical crossed USD 500 million in annualized gross merchandise value (GMV) in January 2017.

Paytm, which offers bookings for air, bus and train tickets, besides hotels, is eyeing a 4x growth in the category by the end of this year.

“This year we plan to further accelerate our growth and firmly establish ourselves as a dominant player in the online travel market. To catalyse our growth, we are currently ramping up our team in Bangalore and looking to hire over 100 members across Technology, Operations and Business functions,” Abhishek Rajan, Vice President - Paytm said.

(EOM)