As India moves towards a cashless economy, pioneering e-wallet moguls, Upasana Taku and Bipin Preet Singh, Founders of MobiKwik, share insights on monetary transactions done with the click of a button.
Founded in 2009, to enhance a seamless flow of payments online, MobiKwik has come a long way. In the wake of demonetisation, Bipin Preet Singh, CEO and Founder and Upasana Taku, Co-Founder,talk about ease of transaction offered by the e-wallet.
How would you describe the interface offered by MobiKwik?
Upasana: MobiKwik powers masses in India with cashless payments. We have the simplest user interface, for which we are loved by over 50 million users.
To cater to the payments preferences and requirements of masses, we also launched MobiKwik Lite in November, which is an under-1-MB app, available in eight Indian languages that can be downloaded using basic EDGE connection within 30 seconds. We also have a product called m-gullak that caters to the urban poor and helps them save as less as rupees two a day. It is also the only wallet to offer cash loading with cash pick up in five cities, namely, New Delhi, Mumbai, Bengaluru, Jaipur and Surat; and cash deposit at over 100,000 locations in 10,000 Indian cities.
In 2009, when majority consumers were still sceptical about online payments, what was the inspiration behind MobiKwik?
Bipin: Taking India ahead of its time in terms of payments was my dream. I never liked walking to a store for a thing as simple as mobile recharge and wanted masses to have the convenience of being able to pay bills and recharge their phones from their laptops or mobile phone. With this thought as inspiration, MobiKwik was conceived. I started the company in 2009 and soon Upasana joined me as the co-founder. We bootstrapped for the first three years. Till now, MobiKwik has received three rounds of funding. The journey has been wonderful.
هذه القصة مأخوذة من طبعة March/April 2017 من MillionaireAsia India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March/April 2017 من MillionaireAsia India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Plan Your Asset Allocation For Wealth Creation
Wondering where to invest your money? Here is an expert piece of advice on how to plan your asset allocation for maximum potential return.
Brad Pitt And His First Oscar
As India woke up on a cool February Monday morning, one of the most iconic actors of our generation, Brad Pitt, earned his very first Oscar at the 92nd Annual Academy Awards. He tells us in a freewheeling chat about his role as a stuntman in the film that recreates the golden era of Hollywood and his relationship with his co-star Leonardo DiCaprio.
LUXURIOUS LIGHTING
Luxury Lighting can add a touch of glamour and perk up the oomph quotient instantaneously.
FINEST ON WHEELS
Rolls-Royce Cullinan — the SUV that exudes luxurious detailing making it one of the most desirable cars in the world.
THE NEW FACE OF INDIAN HOSPITALITY
A second generation hotelier with a sharp business acumen and a heart of gold. Sandeep Gupta, Managing Director, Aria Hotels & Consultancy and Executive Director, Asian Hotels (West) believes in striving for excellence in life and giving back to society.
NEXT STOP WASHINGTON DC
In a conversation with Elliott L. Ferguson, II, President & CEO, Destination DC we find out what's new in Washington DC for a traveler seeking luxury experiences.
INCREDIBLY iS
In a conversation with Bryan Johns, co-founder, President and CEO, iS Clinical, and Alec R. Call, co-founder, Vice President and COO, iS Clinical, on their maiden trip to India we find out why iS is loved world over.
CULT OF PERSONALITY
On his maiden visit to New Delhi, we catch up with the seventh descendant of French perfume Maison Erwin Creed and find out why they are the truest artisanal perfumers in the world.
DECANTER OF DREAMS
Jorg Pfutzner on the dots that connect Remy Martin LOUIS XIII's legacy, heritage and history. And, why it is indeed one of the world's most exclusive cognacs that has enigma in its every drop.
AT HOME WITH THE LUXURY DESIGN SCENE
Smorgasbord of statement-making furniture, chic interiors, or decorations from around the world. What does a personal style infused abode look like? We speak to ace architects and interior designers to find out what's creating the buzz...
