PhonePe Owner – Sameer Nigam | The Face Behind this Revolutionary Application
Hello Readers! So finally we are back with a sizzling article related to an application with its background story along with the owner. In this online-based world, we have everything available on our smartphones. You all must have used Paytm, Gpay, Paypal. Our article is for one of their competitors named Phonepe. I am sure that you have heard this from several vendors and friends. In this article on “PhonePe Owner“, we’ll talk about the invention of this successful application and the face behind this idea – Sameer Nigam. So without any further ado, let’s get started with a quick introduction of PhonePe.
About PhonePe
PhonePe is kind of a digital wallet company owned by Flipkart, and one of the first payment apps which were being built on the Unified Payments Interface (UPI). The PhonePe app is now available in more than 11 Indian regional and local languages. Using PhonePe, users can send money and receive money from all banks anywhere in the country, pay the bill mobile telecom and DTH, purchase mobiles, data cards, utility payments, gold, both online and offline shopping and buy anything through digital way payment.
In addition, PhonePe even provides users so that they can book any kind of digital way of services like Ola & uber rides, pay Redbus tickets, and order food on FreshMenu, eat, etc. Goibibo provides flight and hotel services via micro apps on its platform. Basically, in January 2020, PhonePe started allowing its customers to withdraw cash using an in-app UPI facility called PhonePe ATM. It includes the amount you want to withdraw to a passed PhonePe-enabled merchant.
PhonePe was acquired by Flipkart in 2016. Basically, in 2018, the famous e-commerce giant US $ 16 billion came under the ownership of US-Walmart Incorporation. PhonePe was being owned with the aim of increasing its online shopping footprint in India.
Face behind Phonepe – Sameer Nigam
Phonepe Owner, Sameer Nigam is an Indian entrepreneur who did found PhonePe, a UPI-based online payment system, in 2015 and serves as the Chief Executive Officer (CEO) of the company. During his hard-working days, he got a job offer from Facebook, he worked as Senior Vice President of Engineering. In 2009, he launched his first-ever venture, Mime360. On 14 January 2016, he made an investment in an organization called Artificial. He was being listed among the 40 top Indian business leaders under the Forty List by The Economic Times. Since, 2017, they have a net worth of Rs. 17.7 crores.
Personal Facts About Phonepe Owner
He currently lives in Bangalore, Karnataka. He initially moved from Noida to Mumbai and finally shifted to Bangalore where his company PhonePe is headquartered. His venture must have received a major increment from the demonetization policy, which was announced by the Indian government in the same launching year of PhonePe.
Phonepe Owner, Sameer Nigam completed his formal education from DPS Noida. He persuaded his computer science engineering degree from the famous University of Mumbai. He went to the University of Arizona to pursue a master’s in Computer Engineering Engineering (1991–2001). Later on, he even studied Master of Business Administration (MBA) in Entrepreneurship from The Wharton School, University of Pennsylvania (2007–2009)
Phonepe Owner – Sameer Nigam: Professional Life
Phonepe Owner, Sameer Nigam used to serve as the director of search product development at Shopzilla from May 2001 to June 2007. He started running his own venture Mime360, an online social media distribution channel in 2009. The company was later on owned by Flipkart He served in Flipkart from October 2011 to August 2015. While working for the e-commerce giant, he used to work in several divisions, including vice president and senior vice president of marketing and engineering, respectively. He launched his first-ever digital wallet platform PhonePe in 2015.
He credits his corporate career with exceptional entrepreneurial experiences. He has a buttload of skills in product marketing, e-commerce, strategic partnerships, online marketing, digital strategy, user experience, web applications, startups, mobile marketing, digital media, special needs, business development, web development, web analytics, and many more. Is performed. is done. Exhibited. He has various skills such as team management, digital marketing, non-medical homecare, lead generation, search engine optimization, strategy, mobile applications, mobile advertising, and online advertising.
Awards And Achievements
The Wharton Business School, University of Pennsylvania awarded and appreciated him with the 2008 Wharton Venture Award for his hard work, dedication, and passion for his work. He has competed in two events. Phonepe owner, Sameer Nigam participated in the 16th NASSCOM Product Conclave 2019 which was being held on 5 November 2019 in Bangalore, Karnataka, India, Asia. He even participated in Money 20/20 Asia 2019 as Chairman held in Central Region, Singapore, Asia on 19 March 2019.
- PhonePe was recognized by the National Payments Corporation of India (NPCI) for attracting the largest number of merchant transactions on the UPI network
- Received Best Mobile Payment Product or Service category at IAMAI India Digital Awards 2018.
- Received Best Mobile Payment Product or Service category at IAMAI India Digital Awards 2018.
- Won Superstar Asia Award (2018).
- Won UPI Digital Innovation Award from NPCI (2018).
- Won Best Digital Wallet Initiative at 8th Annual Indian Retail and Eternal Awards 2019 organized by Zee Business and The Economic Times.
- Won Best Mobile Payment Product or Service at 9th India Digital Awards 2019 organized by IAMAI.
Features Offered by PhonePe
- Credit and Debit Card Linking
- Bank Balance Check
- Money Storage
- App to Bank Account
- Send and Receive Money
- POS Payments
- PIN Authorization
- Bank Account Linking
- Wallet Top-Ups
PhonePe Benefits
Nowadays everyone looks for the benefits of the application or any other materialistic thing. PhonePe provides these benefits which make them unique from the others.
- All-in-One Solution
- Direct Transfer of Funds
- Numerous Different Payment Options
- Multi-Language Interface
- Intuitive POS
Conclusion
Ending with the famous slogan of Phonepe “Karte Ja. Badhte Ja” and the most often phrase we hear “Bhai Paise Phonepe Karde” (Brother send the money through Phonepe). The Phonepe Owner has made a revolution by presenting Phonepe into the digital world. Hopefully, you all liked our article on “Phonepe Owner”. If you want more articles related to this field then please let us know in the comment section.
