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Paytm pulls Paytm Zip from Play Store; will be back soon with updates

Looks like Alibaba backed Paytm* has removed its grocery delivery app Paytm Zip from the Play Store, about 2 months after launching it. This was first reported by NextBigWhat. Paytm told MediaNama that they hadn't launched the app officially in April. It was in beta and the app will be back on the Play Store with new updates, though they didn't mention a specific date. Has the @Paytm grocery app Zip gone offline? Can't find it on playstore either. cc @nixxin — Dhruv Gupta (@dhruvg) June 11, 2015 Paytm Zip was initially launched in Bangalore and Paytm provided deliveries in the following areas: Bellandur, Iblur, Sarjapur, Kadubeesanahalli, Marathalli and Kundalahalli. The company had claimed that users would be able to edit orders (add or change) on the fly. At the time, the company had said that the Paytm Zip app will function as an affiliate cum payment system and that the company was in talks with grocery e-commerce players for partnerships. Paytm CEO Vijay Shekhar Sharma had told Business Standard that they’d been working on Zip for the last 4-5 months and that initially there would be a team of 20 members working on it. Online grocery deliveries segment buzzing with action The online grocery segment has been witnessing a lot of activity and new entrants over the past few months. While Flipkart was reportedly considering entering the online grocery delivery space, Amazon has already launched an express delivery platform called KiranaNow to make everyday consumer products available to its users in Bangalore, partnering with local kirana…

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