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Tag: Bipin Preet Singh

  • MobiKwik partners with Adani One to offer exclusive discounts on travel

    MobiKwik partners with Adani One to offer exclusive discounts on travel

    Mumbai: As the tourism splurge continues beyond New Year, are you looking for the ultimate deal for getaways or to visit loved ones? Look no further! ONE MOBIKWIK SYSTEMS LIMITED (MobiKwik), a fintech company, has partnered with the Adani Group’s travel booking app, Adani One, to offer exclusive deals on flight tickets and duty-free products. Users can now enjoy:

    Instant discount on flight bookings: With the MobiKwik Wallet, you will get a discount of Rs. 500 on flight bookings on Adani One. Use code: ONEMBK on the merchant payment page to grab the offer (terms and conditions apply).

    Instant discount on duty-free products: Elevate your pre-flight experience with a flat discount of Rs. 250 at duty-free via Adani One when you pay with MobiKwik Wallet Use code: MBKDUTY on merchant payment page to avail the offer (terms and conditions apply).

    Experience seamless travel booking management and unlock amazing flight and accommodation offers with the Adani One app. Also, enjoy additional savings with the MobiKwik Wallet discount, ensuring you get the best travel and stay deals possible. Further, discover a world of premium products from global brands at duty-free shops and explore India’s finest duty-free outlets, such as Mumbai Duty-Free, and enjoy an exclusive 5 per cent online pre-order discount.

    Adani One, an integrated travel platform launched by Adani Digital Labs, offers a comprehensive suite of services that cater to your every travel need such as hotel, flight, train and cab bookings, flight updates and duty-free ordering from global brands. Founded in 2021, Adani Digital Labs, a wholly owned subsidiary of Adani Enterprises Limited, is focused on growing digital engagements between Adani Group businesses and consumers across its businesses of airports, edible oils, foods, gas (industrial and retail), real estate, electricity, and financial services.

    Speaking about the partnership, MobiKwik Co-founder and CEO Bipin Preet Singh said, “We are excited to share our new partnership with the Adani One app, bringing together the ease of effortless payments and a seamless travel booking experience. Our goal is to elevate the customer experience as people gear to travel. India’s youthful explorers are known for their spontaneity, and we are dedicated to ensuring that financial constraints never hinder anyone’s plans.”

    A spokesperson from Adani One said, “We are happy to be partnering with MobiKwik as we integrate its easy finance solutions into our super app. Our collective goal is to leverage technology to make travel bookings and global brands more accessible and affordable across India. This move will not only help us enhance the experience of our customers but will also add value to their transactions.”

  • MobiKwik promotes Anshuman Misra as chief product & technology officer

    MobiKwik promotes Anshuman Misra as chief product & technology officer

    Mumbai: MobiKwik has promoted its senior vice president – product Anshuman Misra to the new position of chief product and technology officer. This new announcement will take place with immediate effect. 

    In his new role, Misra will be responsible for driving ‘product, design, engineering, infrastructure and security’ at the company. 

    “With this change, MobiKwik aims to build the best and most loved fintech product in India,” said the statement.

    “The company has demonstrated exceptional revenue growth in the last few years on the back of BNPL & payments,” Misra said on his promotion. “With our technology first DNA, I am confident we will build a world-class stack to offer the full fintech suite on the MobiKwik app. I look forward to working with our immensely talented product and engineering teams and further hiring creative minds to drive user delight via constant innovation.”

    Misra joined the fintech company in May 2021. Over his 18+ years of journey in the industry, he has worked with several companies including Hike Messenger, Microsoft, IBM, Quark, Spice etc. 

    MobiKwik CEO, co-founder and managing director Bipin Preet Singh appreciated Misra for his efforts at the company. “Anshuman has done phenomenal work in building product leadership for the business. He spearheaded the UX refresh of MobiKwik Zip, making it the most loved BNPL product. His zeal for continuous improvement has led to elevation in our core technology and infrastructure,” said Singh.

    He further added, “Our next growth frontier is to become a digital bank for Bharat fulfilling all the financial needs of 500 million Indians. As we embark on this growth journey, Anshuman and his team will play a key role in translating our vision into reality.”

  • MobiKwik elevates Chandan Joshi as co-founder & CEO of payments business

    MobiKwik elevates Chandan Joshi as co-founder & CEO of payments business

    NEW DELHI: Fintech platform MobiKwik has promoted Chandan Joshi as the company’s co-founder and CEO, payments business.

    Joshi has been part of the MobiKwik leadership team for the last 2.5 years as senior vice president, payments, managing all the payment businesses of the company. This is the first time the company has bestowed the co-founder title on anyone outside the original founding team.

    Chandan is now the third co-Founder of MobiKwik in addition to Bipin Preet Singh and Upasana Taku. With this appointment, the fintech platform has kick started its IPO 2022 campaign.  

    Read more news on MobiKwik

    As CEO payments business, Chandan he will take on complete ownership of the company’s flagship payments business which drives 75 per cent of the revenues. While he was already driving the business (sales, marketing, product, engineering) in his existing role, all functions in the Payments BU will now report into him.

    Joshi said, “My journey with MobiKwik so far has been very fulfilling – I joined in the aftermath of Demonetization and my first assignment was organizing the retail payments business, then to run eCommerce payments and finally to grow all of the Payments business. The team and culture at MobiKwik have been a good fit for me. I share a good rapport with Upasana and Bipin and share their vision of delivering on the Digital Credit Card opportunity. I am confident that together we will be able to profitably grow MobiKwik and take the company public.”

    Singh says, “It has been fantastic seeing Chandan build the Payments Business for the past 2 years with amazing zeal and conviction. 

    Chandan has demonstrated all the right traits that we look for in a business leader – he leads from the front, is invested in his teams, is tenacious in driving business results and in closing large strategic deals. He has been a strong growth driver for MobiKwik and we want him to partner with us as a co-founder in the overall build-out of the company.”

    Chandan’s professional journey so far has prepared him well for his role at MobiKwik. Chandan returned to India in 2015 and founded Paketts, an innovative last mile logistics service company. He successfully exited the business after Paketts was acquired by Nuvo Logistics (Peppertap) in 2017. Prior to being an entrepreneur, Chandan was a financial trader in global financial markets with Credit Suisse in London & Hong Kong. Chandan did his Engineering from IIT Delhi and his MBA from London Business School.

    MobiKwik has reported strong financial results: net revenue growth of 133 per cent year over year to Rs 379 crores and cash EBITDA loss reduction of 91 per cent year over year to Rs 8.5 crores. In the report, the brand has spoken passionately about fulfilling a Billion Indian Dreams by making an everlasting impact on Bharat with our digital payment and fintech products. Having delivered three straight years of greater than 100 per cent revenue growth amid stiff competition, MobiKwik claims to have demonstrated strong execution and financial discipline.

     

  • MobiKwik partners with EPIC for Diwali Dhamaka offer

    MobiKwik partners with EPIC for Diwali Dhamaka offer

    MUMBAI: Festivals are the perfect time to indulge as well as make investments. To add to the many options available this festive season, MobiKwik, India’s leading financial services platform has partnered with EPIC On, a leading premium video-on-demand platform by EPIC channel – India Ka Apna Infotainment, for an exclusive ‘Diwali Dhamaka’ offer. All subscriptions made for EPIC On through MobiKwik will get you 30% Supercash. This limited offer is currently available and valid on Quarterly, Half-yearly, and Annual subscription plans.  

    According to a PWC report, over the past decade, the video on demand (VoD) market has evolved across the world, including India. Advancements in technology and telecom infrastructure have made ‘anything-anytime-anywhere’ a definite and scalable reality for content consumption. With the launch of over-the-top (OTT) services, VoD has been at the forefront of disruption in the media industry. Moreover, this disruption has transformed the value drivers in the entire chain of production, aggregation, and distribution, with consumer reach and satisfaction becoming the holy grail.

    A homegrown company, founded in 2009, MobiKwik is focused on becoming the payment platform of choice for the customer of infotainment and OTT platforms. It strives to bring the best possible solutions to its consumer family and the association with EPIC On is just another example of how.

    The EPIC On library comprises of high-definition (HD) content across genres – with select shows in Hindi, English, and Tamil – along with the short format content, and video books by renowned author like Devdutt Pattanaik. EPIC On users can also catch up on the latest episodes of their favorite shows like the EPIC India Quiz Challenge, Lost Recipes Season 2 and more on the app. The EPIC On app is available across multiple devices like App Store, Play Store, Fire TV Stick, Android TV, Apple TV, and Xiaomi’s MI TV

    The union between these two brands promises to bring to masses an eclectic mix of non-fiction content that aspires to help the younger generation imbibe the diversity of India. EPIC On’s partnership with MobiKwik is the best example of how homegrown organizations today are helping build each other up.

    Commenting on the association, MobiKwik  founder  & CEO Bipin Preet Singh said, “Our intention of partnering with a video-on-demand platform is to provide a large number of our users, access to premium on-demand content at attractive price points. We have observed the success of OTT platforms over the last few years and to invest in the segment was just a natural progression for our brand.  We understand the shift in customer choices and content consumption behavior. EPIC On was the best choice for us as the platform has curated some unique shows for its consumers. EPIC On boasts of diverse content across genres and makes the dissemination of interactive & engaging. Users instantly connect with the shows and enjoy watching them with their families. EPIC On is a truly enriching experience and this festive season, I am certain our customers will appreciate this offering on our platform.”

    Commenting on the partnership EPIC On AVP-product & strategy  Adita Jain said, “At EPIC On we constantly aspire to find innovative ways to engage with newer audiences. This Diwali, EPIC On’s association with MobiKwik will help us do just that. By partnering with such a leading platform, we are reaching out to make the MobiKwik consumer family a part of the EPIC on Family as well. The consumers can look forward to their holidays being full of cheer and entertainment with a host of fresh original content offerings coming their way."

  • CNN-IBN and MobiKwik join hands to help Chennai

    CNN-IBN and MobiKwik join hands to help Chennai

    MUMBAI A week after heavy rains and flooding brought India’s Chennai to a halt, killing hundreds of people and leaving thousands more marooned. The flood created havoc in Chennai and left people stranded without food, electricity and other necessities. Help has been pouring in from across the country but Chennai still has a long way to go before it gets back on its feet. Among the many critical requirements, staying connected with friends, family and the authorities, also emerged as a paramount need to ensure the safety of the people in the city

     

    Against this backdrop, CNN-IBN and MobiKwik have joined hands to help citizens of Chennai by providing them mobile recharge in order to allow them to stay connected with their loved ones. Those in need would be provided with a balance recharge on their phone so that they are able to stay connected. The recharge would also help them to get any other assistance that is required in these difficult times.

     

    To get the recharge, all one needs to do is type RECHARGECHENNAI with the mobile number to be recharged and send it to 51818. The phone number will be recharged with an amount of Rs. 30 by MobiKwik. CNN-IBN has been flashing the details on-air to let the people know about this so that the friends and families can also help their near ones by getting their phones recharged. The activity is being done on Twitter as well – the number to be recharged needs to be tweeted with the hashtag #RechargeChennai.

     

    Speaking on the partnership, CNN-IBN managing editor Radhakrishnan Nair said, “In this time of crisis, CNN-IBN stands firmly with the people of Chennai. Our channel has deployed many of our senior reporters on ground in Chennai to ensure that we continue to focus on the developing situation there and keep our viewers abreast of the same. We are committed to extending all possible help from our side to the people of the city in this time of their need. This partnership with MobiKwik is an attempt in that direction – to ensure that those in Chennai are able to stay connected.”

     

    MobiKwik founder and  CEO, Bipin Preet Singh said, “We are extremely sad to see how people in Chennai are struggling to cope with the atrocities of the weather. In this hour of need, we want to ensure that they do not face any challenges in connecting with their near and dear ones. With talk time balance running low, broken Internet connections, and recharge retailers not available nearby, it was time for us to step up and provide a solution. Our partnership with CNN-IBN helps us reach out to thousands of stranded users in Chennai who need their phones to be recharged.”

  • Payback inks strategic partnership with MobiKwik

    Payback inks strategic partnership with MobiKwik

    MUMBAI: India’s multi-brand loyalty program Payback has tied-up with mobile wallet MobiKwik to extend the strengths of the two platforms to more than 50 million consumers. This partnership will provide MobiKwik’s 15 million customers value from Payback-enabled loyalty benefits for their transactions at MobiKwik and all other Payback partners.

     

    The mobile industry in India is growing at an increasing rate and M-Wallets are the next big trend. The partnership between the two promises to reach out to the customers by offering them with loyalty points.

     

    Payback India CEO and MD Rahul Rana said, “Mobile wallets are a fast growing category as India embraces technology and witnesses strong growth of e-commerce. People prefer to store their cash digitally and use it seamlessly via mobile and online transactions. This partnership will allow MobiKwik customers to earn rewards when an online transaction is made. Further Payback customers also get access to a seamless payment experience with wide merchant coverage. Our endeavor is to continue to partner with newer categories in online and offline commerce such that Payback Customers can have greater choice in earning and redeeming their rewards at the click of a button.”

     

    MobiKwik provides a user friendly, app-based interface for recharges, bill payments, shopping, and money transfer to friends and family, through the MobiKwik wallet. MobiKwik’s wide merchant coverage ensures that existing Payback customers can redeem their points for MobiKwik wallet balance, and thus use MobiKwik at coffee shops, to make e-commerce purchases, buy bus, flight, and movie tickets, recharge mobile phones and DTH. MobiKwik is now enabled across more than 20,000 merchants including Café Coffee Day, Jabong, Snapdeal, BookMyShow, Domino’s Pizza, eBay, HomeShop18, Infibeam, Purplle, MakeMyTrip, Naaptol, Pepperfry, ShopClues, TastyKhana, and JustEat.

     

    MobiKwik CEO and founder Bipin Preet Singh added, “We are happy to be associated with Payback as it will benefit the MobiKwik users at large. The aim behind this partnership is to create loyalty for MobiKwik users and attract Payback users to adopt MobiKwik as their mobile wallet option. With this increase in our network strength we are confident of leveraging on economies of scale to deliver higher value to our customers.”

  • MobiKwik appoints Mrinal Sinha as head of strategy

    MobiKwik appoints Mrinal Sinha as head of strategy

    MUMBAI: MobiKwik, mobile wallet with 12 million users has roped in former Brattle Foods founder and executive director Mrinal Sinha as head of strategy.  He will be helming the strategic roadmap with the management, identifying key opportunities for talent and technology acquisition, fostering crucial alliances and kick starting new revenue lines within the company.

    MobiKwik founder CEO Bipin Preet Singh said: “We, at MobiKwik, are well-poised for the next stage of growth. Having established the brand as the leading mobile wallet in the country, we are now looking at strategic expansion and diversification. Sinha will play a pivotal role in our further evolution thanks to his years of business development and corporate strategy experience across domains. We are pleased to have him on board.”

    Sinha opined: “MobiKwik has firmly positioned itself as a leader in the digital wallets space with a culture of excellence and technology-enabled user convenience. I am excited to join the team at this stage and be a part of its growth story. My objective will be to leverage my education and experience to chart out the expansion strategy for the company, form key partnerships with banks, device makers and other payments companies. I am also looking forward to identifying new business lines for MobiKwik and set the ball rolling for the same in the near future.”  

    Singh has a dual degree (Master’s and Bachelor’s in Technology) from IIT-Madras. He also has a Master’s in Business Administration from Harvard Business School, USA. He has diverse and prolific experience of working in globally-renowned organisations such as McKinsey and Company, Michael and Susan Dell Foundation and EMC Corporation.

    MobiKwik has been witnessing tremendous growth with an exploding user base and partnerships with leaders in all e-commerce categories. The key appointments in the organisation are designed to contribute significantly to MobiKwik’s further expansion plans.