PayU India fortifies its management as it plans to diversify the Indian payment space with its new offerings.
PayU India announces the appointment of former Bharti Airtel’s executive, Sachin Singhal as its Head of Consumer Business. In the given role, Sachin will be responsible for designing effective business strategies and bring in growth by taking the company’s plans to diversify the consumer business to the next level.
The inception of the consumer business category roots back to the recently announced partnership between PayU and India’s leading bank IndusInd, to redefine the digital experience for Indian consumers, by bringing the full suite of consumer banking products online and powering the same through payment innovations and online eco-systems enabled by PayU. The Consumer Business category would aim at unifying Indian banking services with latest Fin-tech innovations by PayU and create a paradigm shift in the way banking and payments is done in India.
“At this stage of our growth in our business, it was imperative to bring on board someone with a vision and entrepreneurial passion. Sachin brings valuable industry knowledge and experience to PayU India which will help us design effective business strategies and more innovative solutions for our consumers and help PayU grow its presence,” said Nitin Gupta, CEO and Co- founder, PayU India.
“I am looking forward to expanding the existing consumer base of PayU’s business in the country by leveraging PayU’s innovative product range and strong tech abilities. We will continue to build strong relationships with banks and bring out products which will largely impact the Indian online payment space,” said Sachin Singhal, Head – Consumer Business, PayU India.
Sachin joins PayU India with over a decade long experience in business and technology. During his last stint with Bharti Airtel, he led the channel marketing and mobile internet growth. He also led some of the major innovations in Mobile Internet at Airtel, like One Touch Internet (which won MWC GSMA 2015 award for best consumer mobile application), Airtel Zero (sponsored data platform), Wynk Movies.
An alumnus of IIT Delhi and IIM Ahmedabad, Sachin started his post MBA journey as a consultant at PWC India (Performance Improvement practice), worked at One97, led marketing for PayTM at its launch, worked at Tradus.com as Head of products at India's first ecommerce marketplace.