BINATONE ENTERS INTO AN EXCLUSIVE ONLINE PARTNERSHIP WITH PAYTM

binatone-logoBINATONE ENTERS INTO AN EXCLUSIVE ONLINE PARTNERSHIP WITH PAYTM

-Binatone wireless product category will be available to consumers exclusively through e-commerce website, Paytm –

Bangalore, December 22, 2015: Binatone, a leading global player in research, production and marketing of consumer electronic products announced its partnership with e-commerce website Paytm to sell its portfolio of wireless products through them. Binatone wireless range includes product categories like routers, modems, adapters, converters, port switches, data cards amongst others.

Commenting on the partnership, Mr. S P Singh, Managing Director, Binatone, said “We are absolutely delighted to be associated with e commerce website Paytm as exclusive online partner for our wireless range. We are optimistic about the response and we look forward to strengthen our partnership in near future with relevant associations.”

Also commenting on the tie-up, Mr. Amit Bagaria, AVP – Business, Head Electronics, Paytm said, “We are happy to announce the availability of Binatone wireless product range exclusively on our platform.  Paytm’s online electronic store receives a number of shoppers looking for wireless devices and this addition will help us offer our customers a wider range of products to shop from.”

About Binatone:

Binatone is the global leader in baby monitoring systems. Binatone designs, manufactures and markets high-quality Motorola products in close cooperation with Motorola Mobility. Binatone also designs and markets products under its own brand, and other consumer brands. For over 56 years, Binatone maintains its position as a key player in the consumer electronics industry by offering innovative products and solutions. Additionally, Binatone is the Official Licensee of Motorola Mobility for monitoring products worldwide and other companies including real estate businesses, lifestyle products and additional technology start-ups.  For more information, visit www.binatoneglobal.com

About Paytm:

Paytm is India’s largest mobile payment & commerce platform. With current user base of more than 100 million, Paytm is on mission to bring half a billion Indians to main stream of economy using mobile payment, commerce and soon to be launched payment banking services. Consumer brand of India’s leading mobile internet company One97 Communications, Paytm is head-quartered in New Delhi NCR. The company’s investors include Ant Financials (AliPay), Alibaba Group, SAIF Partners, Sapphire Venture and Silicon Valley Bank.