Alibaba Global MD K. Guru Gowrappan Joins Paytm board read more at here www.spinonews.com/index.php/item/1437-alibaba-global-md-k-guru-gowrappan-joins-paytm-board

Alibaba Group’s global managing director K Guru Gowrappan has joined Paytm as additional director. At Paytm, he will be regularly engaging with business, product and tech teams to ensure strong and scalable growth for the company.

Gowrappan is currently the global managing director of the Alibaba Group, an investor in Paytm. Prior to Alibaba, he was the Chief Operating Officer at mobile search engine Quixey.

 “It’s both exciting and fulfilling to be trusted with the opportunity to mentor the incredible team at Paytm as the company moves into the next chapter of its growth,” Gowrappan said in a statement.

Gowrappan is the fourth executive from Alibaba to join Paytm's board. Besides Gowrappan, the other two executives who joined Paytm in the last one week are Google's Amit Singhal and former vice-chairman of Goldman Sachs, Mark Schwartz.

“We are at an important juncture in the company’s evolution, and Guru’s strong expertise in global business and product development will guide us through executing key strategic initiatives for the company,” Founder-CEO Vijay Shekhar Sharma, Paytm said. 

Paytm marketplace currently has about 130,000 merchants, and the company expects it to double by fiscal 2017.