In addition to the Cash-On-Delivery service, several other payment methods like Paytm Wallets and the netbanking facilities which were also made available by Valve.
PHYSICAL COPIES OF THE GAMES WON'T BE DELIVERED.
Several people have misunderstood this announcement. The games won't be delivered to you in the form of DVDs/Bluray disks. Novaplay will send you the wallet codes which you may use to add funds to your steam wallet. These funds can then be used to purchase the game digitally.
This is a big step up for the Novaplay organization who also run the Indian Valve servers for both CS:GO and Dota 2. They are also packaging in a new social community for Indian gamers at www.novaplay.in.
This could very well be the final hurdle dropped for digital games purchase (from Steam) in the Indian Subcontinent region. We can only hope that other stores like Blizzard official store, Origin, PSN store and GOG take notice.
Not sure what to buy with your newly added steam money? These are in my opinion the 10 best bang-for-buck games currently on the steam winter sale along with their prices.