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2014-12-30

MobiKwik announces new member on board Mrinal Sinha as Head of Strategy

MobiKwik has also announced plans to hire a CMO and head of products within next 2-3 months.

India’s leading mobile wallet with 12 million users MobiKwik has officially announced Mrinal Sinha as its Head of Strategy. Prior to this, Sinha was the Founder and Executive Director at Brattle Foods, a food supply chain solutions and logistics business. He was instrumental in raising $8 million in equity financing and growing revenues to $10 million.

At MobiKwik, Sinha will be helming the strategic roadmap with the management, identifying key opportunities for talent and technology acquisition, fostering crucial alliances and kick starting new revenue lines within the company.

Commenting on the same, Bipin Preet Singh, Founder and CEO, MobiKwik said, “We, at MobiKwik, are well-poised for the next stage of growth. Having established the brand as the leading mobile wallet in the country, we are now looking at strategic expansion and diversification. Mrinal (Sinha) will play a pivotal role in our further evolution, thanks to his years of business development and corporate strategy experience across the domains. We are pleased to have him on board.”

Meanwhile, Sinha shared, “MobiKwik has firmly positioned itself as a leader in the digital wallets space with a culture of excellence and technology-enabled user convenience. I am excited to join the team at this stage and be a part of its growth story. My objective will be to leverage my education and experience to chart out the expansion strategy for MobiKwik, form key partnerships with banks, device makers and other payments companies. I am also looking forward to identifying new business lines for MobiKwik and set the ball rolling for the same in the near future.” 

Sinha possess Dual Degree (Master’s and Bachelor’s in Technology) from the IIT-Madras. He also holds a Master’s degree in Business Administration from Harvard Business School, USA. He also has diverse and prolific experience of working in globally-renowned organisations like McKinsey & Company, Michael & Susan Dell Foundation and EMC Corporation.

As a part of its steady expansion wave, MobiKwik has also announced plans to hire a Chief Marketing Officer and Head of Products within next 2-3 months.

The announcement press release of the brand also said that MobiKwik has been witnessing tremendous growth with an exploding user base and partnerships with leaders in all e-commerce categories. The key appointments in the organisation are designed to contribute significantly to its further expansion plans.

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