Rukaiya Rangwala to head payment gateway business

Former Jabong VP Rukaiya Rangwala will head the MobiKwik payment gateway business said company in a statement.

Must Read

How AI monitoring can make your business smarter and better

Artificial Intelligence (AI) makes it feasible for machines to learn from experience, adapt to new inputs, and perform human-like tasks.

Why cybersecurity threats have increased during Covid-19 pandemic

Cybersecurity industry has never had more significant task to carry out than guarding strategic associations and businesses from digital assaults during the coronavirus pandemic

How to choose an effective DDoS mitigation plan

There are several flavours from which to choose when selecting an effective DDoS mitigation strategy. Most enterprises opt for one of the cloud protection flavours (always-on or on-demand)

Former Jabong VP Rukaiya Rangwala will head the payment gateway business said company in a statement. The MobiKwik has recently relaunched its Payment Gateway and aims to have over $5 billion worth of transactions on the platform by end of FY 2018. Rukaiya has over 15 years of experience in the technology & e-commerce industry, and has worked across the US, Singapore, Japan and India.

She spent 8 years at Dell prior to coming to India with Rocket Internet, helping the VC establish its portfolio in the country. At Rocket, she helped establish Groupon India (taking the company pan-India) and was responsible for the Marketplace division at Jabong (managing a $100m annual top line) making it the fastest growing and most profitable division at Jabong. Before joining MobiKwik, she spent 2 years working on entrepreneurial ventures.

MobiKwik Payment Gateway supports all major instruments like credit and debit cards, netbanking, UPI and wallets. The company is eyeing a significant share of $500 billion digital payments market by 2020. The company is growing its Payment Gateway team size to 100 employees by FY 2018 in 5 cities which include Delhi, Mumbai, Pune, Kolkata and Bangalore. It currently powers payments for more than over 30000 ecommerce websites and apps and aims to double the figure by FY 2018.

to head MobiKwik payment gateway business

Current clients of MobiKwik Payment Gateway include UBER, Zomato, Domino’s, IRCTC, Grofers, Instamojo, Easemytrip and many other leading brands. “Rukaiya brings a wealth of experience to MobiKwik and we are pleased to welcome her as the leader of our Payment Gateway business. Her extensive experience in business development, expertise in managing operations and strong financial understanding will be instrumental as we aim to grow over 200% by next year,” said Upasana Taku, Co-founder of MobiKwik.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

Share your views

*The moderation of comments is automated and not cleared manually by techobserver.in. Embedding of any link and use of abusive or unparliamentary language are prohibited.
- Advertisement -

Latest in TECH

Related Articles