e-commerce
Paisabazaar registers a big move as new services boost self-employed access
MUMBAI: Some revolutions begin with a signature Paisabazaar begins with a registration. In its latest push to make finance less frightening and more accessible, the fintech marketplace has rolled out Udyam registration, GST registration, and GST filing services across its expanding network of retail stores. And in doing so, it is directly targeting one of India’s most credit-challenged segments, the self-employed.
For millions of small shopkeepers, freelancers, micro-entrepreneurs, and gig workers, the biggest hurdle isn’t ambition, it’s paperwork. Missing documents, patchy financial records, and low familiarity with digital processes often mean they struggle to secure loans and other financial products. Paisabazaar’s new on-ground push attempts to close this gap through a model that blends physical presence with digital ease or as the company calls it, “phygital.”
At these walk-in stores, trained experts now help consumers with documentation, advice, financial guidance, and tailored recommendations across multiple business needs. The goal is simple: to make everything from registrations to credit-linked decisions less intimidating and far more accessible.
“For self-employed consumers and small business owners, access to credit and financial products has traditionally been challenging and complex,” said Paisabazaar CEO Santosh Agarwal. “Through our phygital model, we aim to empower small businesses. This initiative aligns with our purpose Har Sapna Hoga Sach helping every Indian make smart financial decisions.”
The stores primarily cater to small business owners and shopkeepers, offering support not just for Udyam or GST-related needs but also for a wide spread of credit products. Visitors can explore business loans, personal loans, and home loans, receiving end-to-end guidance to identify the right option.
Consumers visiting these outlets can also check their free credit score, evaluate the best loan or card offers, and receive personalised advice on improving their credit health often the deciding factor in unlocking future financial opportunities.
Currently, Paisabazaar’s retail stores are operational at:
● Gurugram (Jail Road)
● Noida (Sector 15)
● New Delhi (Lajpat Nagar)
Here, consumers can avail Udyam, Aadhaar, GST registration, and get expert support for GST filing.
But this is only the beginning. With credit demand rising sharply in India’s Tier-2 and Tier-3 cities, Paisabazaar plans a significant expansion into these high-growth regions. The company says the number of retail stores will increase steadily as the initiative continues to deliver positive impact among small entrepreneurs.
By turning registrations into stepping stones and consultations into clarity, Paisabazaar isn’t merely helping people fill forms, it is helping them move forward. In a country where the self-employed form the backbone of local commerce, making financial access easier isn’t just a service; it’s an economic necessity.
And as the company doubles down on its brick-and-mortar presence, one thing is clear: for many small businesses, the journey toward growth might just begin with a visit to the nearest Paisabazaar store and a little paperwork done right.
e-commerce
Flipkart rolls out 105 per cent bonus for 20,000 employees
Strong FY25 performance drives payouts even as layoffs and shifts unfold.
MUMBAI: In a year where belts were tightened and rewards loosened, Flipkart seems to be playing both offence and defence trimming roles on one hand while handing out a generous 105 per cent bonus on the other. The Walmart owned e commerce major has rolled out a 105 per cent bonus payout for 2025, covering nearly 20,000 employees, signalling a year of steady operational momentum even as the company navigates restructuring pressures. The payout, communicated internally by chief human resources officer Seema Nair, is tied to performance across key metrics including growth, operational efficiency, financial outcomes and people indicators, a combination that suggests the company is inching closer to its long stated goal of sustainable profitability.
Employees at SD level and below are set to receive their bonuses in March, while payouts for senior leadership, including vice presidents and senior vice presidents, will follow after the close of the performance cycle. The elevated 105 per cent multiplier stands out in a sector where cautious payouts have increasingly become the norm, pointing to what appears to be a relatively strong internal scorecard for FY25.
Yet, the announcement arrives with a noticeable contrast. Earlier this year, Flipkart reduced its workforce by around 300 roles as part of its annual performance review process. While officially framed as performance driven, the juxtaposition of layoffs alongside above target bonuses reflects a more nuanced balancing act, one that prioritises cost discipline while continuing to reward and retain high performing talent.
This dual approach is becoming increasingly common across the technology and e commerce landscape, where companies are navigating an uneven hiring environment while under pressure to deliver profitability. Rewarding top contributors, even amid selective workforce reductions, allows firms to maintain morale and retain critical talent without losing sight of financial prudence.
At the same time, Flipkart is also undergoing leadership shifts that hint at a broader strategic recalibration. Nishant Verman has been appointed senior vice president for corporate development and partnerships, while group chief financial officer Sriram Venkataraman is set to step down. Ravi Iyer will take on expanded responsibilities within the finance function, marking a reshuffle at the top as the company gears up for its next phase.
These changes come amid reports that Flipkart is planning to shift its holding structure back to India, a move widely interpreted as groundwork for a potential public listing. While timelines remain fluid, the combination of stronger financial discipline, leadership restructuring and employee incentivisation suggests a company preparing itself for greater scrutiny and scale.
For employees, the 105 per cent payout offers a welcome boost in what has otherwise been a period of adjustment. For Flipkart, it is a signal that even as it cuts where necessary, it is willing to spend where it counts. In the high stakes game of growth versus profitability, the company appears to be hedging its bets carefully, rewarding performance while reshaping itself for what could be its most defining chapter yet.
