Paytm signs deal for its third office in Bengaluru with Innov8

As it seeks to expand up presence, Paytm has opened its third office in Bengaluru renting a 150-seat space in a flexible office in Bengaluru.

Digital payment giant, 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.

Shailesh Gupta, Co-founder & COO, Innov8, said, "With this major partnership with Paytm, the co-working space becomes profitable in its third centre also within the first month of its launch.”

Innov8 recently opened a 400-seat dedicated flexible office space in Koramangala in Bengaluru.