Latest news with #SameerNigam
Time of India
4 days ago
- Business
- Time of India
PhonePe expands UPI payments to feature phone users
Digital payments platform PhonePe has announced its acquisition of the GSPay technology stack from conversational engagement platform Gupshup, aiming to bring UPI-based payments to feature phone users across India. The move aligns with PhonePe's financial inclusion strategy , targeting millions of consumers who remain outside the digital payments ecosystem. GSPay, built on NPCI's UPI 123PAY framework, enables seamless UPI transactions on feature phones. PhonePe plans to customize and extend the technology, launching a dedicated UPI payment app for new feature phones in the coming months. Key Features and interoperability The upcoming PhonePe app will support: Peer-to-peer (P2P) transfers Offline QR code payments Receiving funds via mobile number or self-QR codes These features will allow feature phone users to transact effortlessly with smartphone users, ensuring full interoperability in the digital payments ecosystem. PhonePe CEO Sameer Nigam highlighted the significance of the expansion: "This segment has been historically underserved. By enabling UPI payments on feature phones, we hope to empower crores of users and bring them into India's digital economy." AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
4 days ago
- Business
- Business Standard
PhonePe acquires GSPay IP to launch UPI payments for new feature phones
The company in a statement said it plans to customise the stack and launch its own UPI payment app for new feature phones in India in the next few quarters Press Trust of India New Delhi PhonePe on Friday said it has acquired the IP of GSPay -- a proprietary technology stack from conversational engagement platform Gupshup -- to enable UPI-based payments on new feature phones. The company in a statement said it plans to customise the stack and launch its own UPI payment app for new feature phones in India in the next few quarters. The new app will offer essential UPI features such as peer-to-peer transfers, offline QR payments, and receiving money via mobile numbers or self-QR codes. Industry research indicates that there were over 24 crore feature phone users in India in 2024, and in the next five years, another 15 crore feature phone shipments are anticipated. PhonePe CEO Sameer Nigam said the acquisition will help bring millions of feature phone users into the digital payments ecosystem, a segment largely underserved so far.
Time of India
4 days ago
- Business
- Time of India
IPO-bound PhonePe announces UPI payments on feature phones
Live Events Fintech firm PhonePe announced rollout of UPI-based payments for feature phones with the purchase of GSPay technology stack from conversational engagement platform is a mobile application built on top of UPI 123PAY , the UPI payment solution for feature phones by National Payments Corporation of India (NPCI). PhonePe said it will customise and extend the recently acquired GSPay IP and launch its own feature-phone based UPI payment mobile app on new feature phones in India, over the next few will offer basic UPI features, such as P2P transfers, offline QR payments, and receiving money from other UPI customers to users' mobile numbers or self-QRs, to create full payment interoperability between feature phones and smartphones.'This (feature phones) segment of users has been historically underserved by the digital financial industry and the broader startup ecosystem. We hope we can enable crores of these feature phone customers to participate in India's burgeoning digital payments market," said Sameer Nigam, cofounder and chief executive of to industry data, India had approximately 24 crore feature phone users in 2024, and 15 crore more feature phone shipments are expected over the next five company has recently added Zarin Daruwala to it board of directors, where she joins CEO Nigam, Walmart chief financial officer John David Rainey, former revenue secretary Tarun Bajaj and retired as the CEO of Standard Chartered Bank-India on March 31 after a nine-year-long stint. Before that, she managed the wholesale banking business of ICICI Bank as president of the vertical. In this capacity, she also served on the boards of key ICICI group companies, ICICI Lombard General Insurance, and ICICI Securities. In the past, she has been on the board of JSW has started the process to list on the Indian exchanges by converting into a public company from a private entity in April 2025.
Entrepreneur
13-05-2025
- Business
- Entrepreneur
Billdesk's M N Srinivasu Elected IAMAI Chairman for 2025–2027
Joining him on the executive council are Harshil Mathur, CEO and Co-founder of Razorpay, as Vice Chairman, and Sameer Nigam, Founder and CEO of PhonePe, as Treasurer. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The Internet and Mobile Association of India (IAMAI) has announced the results of its biennial governing council elections. M N Srinivasu, Co-founder of Billdesk, has been elected the new Chairman, taking over from Harsh Jain, Co-founder and CEO of Dream Sports. Joining him on the executive council are Harshil Mathur, CEO and Co-founder of Razorpay, as Vice Chairman, and Sameer Nigam, Founder and CEO of PhonePe, as Treasurer. They succeed Rajesh Magow, Co-founder and Group CEO of MakeMyTrip, and Satyan Gajwani, Vice Chairman of Times Internet, respectively. The new executive leadership—Srinivasu, Mathur, and Nigam—will serve alongside IAMAI President Dr Subho Ray, who continues as the ex officio member. Together, they will lead the Association's 24-member governing council for the 2025–2027 term. The official handover will take place at IAMAI's upcoming annual general meeting. IAMAI, a not-for-profit industry body with over 600 members including major Indian and global digital firms, has played a key role in advancing India's digital ecosystem. It promotes fair competition, progressive regulation, startup growth, consumer safety, and digital trust. With its new leadership, the Association aims to further strengthen its efforts in policy advocacy, research, and industry collaboration to support India's evolving digital economy.
Time of India
30-04-2025
- Business
- Time of India
Visionaries of impact: Meet the top leaders shaping the world
In a world driven by innovation, purpose, and impact, leadership is no longer just about titles—it is about the ability to inspire change and lead with vision. Top Leaders Shaping the World celebrates individuals who are redefining excellence across industries. From trailblazing entrepreneurs and changemakers to industry pioneers and thought leaders, this list recognises those making a meaningful difference through their work and values. Their journeys reflect resilience, creativity, and influence that go beyond borders. Below is the list of remarkable individuals shaping the world through leadership and purpose. Sameer Nigam, Cofounder of PhonePay Sameer Nigam, Co-founder of PhonePe, is a visionary entrepreneur who has played a pivotal role in reshaping India's digital payment ecosystem. With a focus on innovation, scalability, and user empowerment, he led PhonePe to become one of India's largest digital finance platforms. His leadership continues to drive financial inclusion and the future of seamless digital transactions. Dr. Vinod Metta, Neurologist & Movement Disorder Specialist Dr. Vinod Metta, Consultant Interventional Neurologist and Movement Disorder Specialist, trained at top UK institutions including King's and Imperial College London. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 10-Month-old is battling for his life and only you can save him! Give Hope India Donate Now Undo A published researcher and educator, he specializes in Parkinson's disease, serves on advisory boards, and contributes to global neurology education through MRCP courses and academic appointments. Manish Garg, Cofounder of Bosscoder Academy Manish Garg, IIT Dhanbad alumnus and co-founder of Bosscoder Academy, brings deep tech expertise from building Samsung Bixby to working with Android founder Andy Rubin and leading ML at Quoori. At Bosscoder, his vision is to help professionals build meaningful careers in the tech & data domain with the right skills, focused on long-term career growth, not just job hunting. Sonny Arcot, Founder & CEO of Sonny Arcot, Founder and CEO of is transforming industries through AI automation, technology, and digital innovation. He is leading successful ventures such as and All Talent Agency, helping businesses across the USA, UAE, and India enhance efficiency and drive growth. Sonny has seamlessly integrated AI into systems across diverse sectors, including mining, construction, and education, redefining business operations and cross-border client relationships through collaboration. Dr. Anupama Maruvada, Psy.D (U.S.A), Founder & Clinical Director of CBT 2 Dr. Anupama Maruvada, Founder and Clinical Director of CBT 2, is a globally recognised psychologist with 24+ years of expertise in autism intervention and mental health across all age groups. Her pioneering parent-led and holistic behavioral programs have empowered thousands worldwide, setting benchmarks in early intervention, emotional wellness, and psychological care for all ages. Avikaa Singh, Founder & CEO of YourBestFriend Avikaa champions the power of strategic collaborations, community support, and the right mentorship. Driven by her desire to empower others, she developed a mobile application, which is launching soon, to provide the guidance and support she once lacked, fostering a holistic and inclusive environment for success in today's dynamic world. Nilesh Tribhuvann, Founder & Managing Partner of White & Brief Advocates & Solicitors Nilesh Tribhuvann, BSL LLB, is the Founder & Managing Partner of White & Brief, one of India's fastest-growing law firms, with offices across key regional hubs. A seasoned litigator and author, he advises government functionaries and corporate leaders across dispute resolution and compliance matters. Akash Ajmera, Founder & CEO of Koz Konnect Technologies and ADN Fire Safety Akash Ajmera is a visionary leader in sustainable Data Center Innovation. With expertise in Liquid Cooling Systems and Infrastructure Safety, he champions cutting-edge solutions that enhance performance and reduce carbon footprints. Akash's mission is to revolutionise AI cooling infrastructure with next-generation technologies for a smarter, more efficient future. Ashmika Sadh, Founder of Zip Zap Zoop Ashmika Sadh, founder of Zip Zap Zoop—a premium kidswear brand launched in 2023—combines 12 years of manufacturing expertise with a strong entrepreneurial vision. Within 11 months, she scaled the brand to some of the top-selling SKUs in sales across five platforms. Her mission is to empower Indian artisans and build a global, homegrown brand rooted in purpose. Arihant Kumar N Jain, CEO & Director of Accredo Pharma Science (India) Arihant is an upcoming visionary leader from Chennai, building one of India's most agile pharmaceutical marketing companies — Accredo. Backed by 10,000+ doctors and a passionate 100-member team, Accredo is driving impact across Ayurvedic care, Gynocare (Women's Health), and Nutraceuticals, while rapidly scaling online with breakthrough wellness brands like Artin, Pankare, and Calorie-Blend. Anil Deswal, Author Anil Deswal, known as 'Dash,' is a Marine Chief Engineer, Auditor, and author from Rohtak. His books, Ankahi-The Untold and Queen Corona Coronation, blend sea life with personal reflections. Founder of NGO Ek Haryana, Founder of Merchant Navy Officers Welfare Association, he turns voyages into stories, capturing humanity, resilience, and life's depth through his heartfelt writing. He endeavours to give back to his seafaring multinational community and his community ashore. Kriti K, Founder of ADHYAY Kriti K, a visionary leader of ADHYAY, blends policy with purpose. With a decade of impact in education and government, she's transforming lives from Delhi's slums to ministry boardrooms. A fierce advocate for change, she empowers those who don't even know they deserve better. She's a movement wrapped in a woman, full of rebellion. Anil Agrawal, Founder & CEO of BEYOBO Anil Agrawal – A visionary implementer and profit-first founder, who built a ₹500 Cr+ cross-border commerce platform with minimal capital. Now on a mission to digitise global trade and create a trillion-dollar solution connecting the world. A rare blend of dreamer, doer, and disruptor – rewriting the future of commerce. Kumar S. Sinha, Founder & CEO of An engineer by training and a filmmaker by passion, Kumar Saurav Sinha is spearheading India's media-tech revolution through AI-first platform that merges cinematic storytelling with intelligent systems. With over 14 years of experience in film, OTT, and digital strategy, Kumar is developing innovative tools and workflows that help creators and brands scale cinematic content with unmatched speed and precision. Hemant Khatana, Founder & CEO of SUB 91 Hemant Khatana is a visionary entrepreneur. Founded SUB 91 in 2022, in a world where taste and health intersect, SUB 91 emerges as a beacon of freshness and flavours. Hemant Khatana is blending traditional tastes with international flavours & serving pocket-friendly submarine sandwiches, Tortilla Wraps & salads in the Indian market. Through his leadership, Hemant inspires a shift towards low-capex business models compared with international QSR chains in India. Disclaimer - The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. 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