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Upasana Taku

Co-Founder, MobiKwik | Build in 🇮🇳

Upasana Taku is a prominent figure in the Indian fintech landscape, known for her role as the Co-Founder of MobiKwik and Zaakpay.

Professional Background

  • MobiKwik: Upasana has been with MobiKwik since its inception in March 2010, where she serves as the Chairperson and Chief Operations Officer. MobiKwik is a leading digital banking platform in India, aiming to provide financial services to a large segment of the population. Under her leadership, the company has achieved significant milestones, including profitable quarters in FY22 and a user base of over 131 million.23

  • Zaakpay: She co-founded Zaakpay in November 2012, which specializes in payment processing for eCommerce companies in India. Zaakpay operates as a subsidiary of MobiKwik.23

  • Previous Experience: Before her entrepreneurial ventures, Upasana held various roles including Senior Product Manager at PayPal and worked as a consultant for multiple companies. Her background includes extensive experience in product management and risk management, particularly during her time at PayPal.12

Education

Upasana holds a Master's degree in Management Science & Engineering from Stanford University (2002-2004) and a Bachelor's degree in Industrial Engineering from the National Institute of Technology, Jalandhar (1997-2001).12

Achievements and Recognition

  • She was recognized as the First Female Fintech Founder by the President of India in 2018.
  • Featured in Forbes Asia's 25 Power Businesswomen list in 2019.
  • Included in the Kotak Wealth Hurun list of richest self-made women in India.2

Personal Interests

Upasana is passionate about promoting STEM education for girls, financial inclusion, and supporting women leaders in technology. She actively engages in discussions around entrepreneurship and startup culture through her social media presence.23

Overall, Upasana Taku is a notable entrepreneur who has significantly impacted the fintech sector in India through her innovative leadership and commitment to financial accessibility.

Highlights

Aug 31 · linkedin

Days 2 and 3 of the #GlobalFintechFest2024 were just as action-packed as Day 1. Intriguing new launches, some truly engaging conversations, and tons of inspiration.

We launched LENS.ai, in the presence of DigiSahamati Foundation. With it we’re taking MobiKwik LENS to the next level. It’s an artificial intelligence tool that will be your savior in financial planning. Whether you need tips on managing your expenses, or just want quick advice on your savings goals, LENS.ai has you covered. It’s like having a personal finance assistant. It replies to all your money questions, instantly and correctly.

We also launched the National Pension Scheme (NPS) with National Payments Corporation Of India (NPCI) and #BharatBillPay. With it, investing into your future is super easy - just a few clicks and you’re on your way to building a secure future!

We also delved into:

  • Zaakpay and Meta partnership - our conversational commerce payment solution allows merchants to accept payments on WhatsApp.
  • Potential of ONDC (Open Network for Digital Commerce) to transform India’s digital economy.

The cherry on top was unveiling our story of grit and resilience, now featured on #BharatFintechStory, Disney+ Hotstar by Edstead. Check out the link to the series in the comments—don't miss it!

And it’s a wrap! A big thanks to our partners who turned up in huge numbers to support us and everyone who visited the MobiKwik Zone. Much love to the MobiKwik team for making this happen.

Global Fintech Fest National Payments Corporation Of India (NPCI) Information Technology Institute (ITI) Kalpana Ajayan Nalin Bansal Ashish Vijayakar Baskar Babu R Saurabh Mishra ANANTA GOPAL DAS Vadivelan Sivanantham Amit Tyagi Shalu Rajta Noopur Chaturvedi Nitin Arora Aditi Mathur Karan Mehta Ankur Jaipuria Hrushikesh Mehta Mrinall Dey (He/Him) Monika Mishra Diksha Gulyani Bhism singh Abhishek Mukherji Harvinder Singh Chadha #MobiKwik #Fintech #GFF #GFF2024

Aug 29 · linkedin

Day 1 of #GlobalFintechFest2024 was truly amazing! Honored to share the global stage with fellow fintech players and to showcase and launch some industry-first products.

Lead a trialogue on the Era of Profitable Fintechs in India with Mr. @Sailesh Raj Bhan, Chief Investment Officer - Equity, Nippon India Mutual Fund and Mr. Saurabh Mishra Executive Director, Morgan Stanley Investment Management. We explored how Fintechs are moving from burning cash to building sustainable growth models. and had some insightful takeaways

From launching the UPI For Her report with with Women's World Banking, dedicated to empowering women through digital payments, to the exciting product showcase of MobiKwik #PocketUPI with State Bank of India, the day was truly eventful.

Not just that, we also launched some products that we’re really proud of:

  • FirstCard: Our co-branded credit card with SBM Bank (India) is thoughtfully crafted for every Indian. It’s gives you the flexibility to choose your credit limit - what you deposit is what you spend. Whether you have an existing credit history or not, this FD-backed card earns interest on your deposited amount, supports UPI payments, and rewards you for using them. It’s lifetime free with no extra fees.

  • Fixed Deposits: Launched Fixed Deposits on MobiKwik with Suryoday Small Finance Bank Ltd offering an interest rate of up to 9.4%. With it, you can grow your savings without the hassle of opening a new bank account. Simply, choose a tenure that suits you and start with as little as ₹5000.

Beyond these, every conversation with visitors, partners, media, and government representatives was meaningful.

Day 1 has set the bar high! For Day 2, we have planned more interesting product launches, including a deep dive into the Meta x Zaakpay Partnership and the launch of "#TheBharatFintechStory" by Disney+ Hotstar featuring MobiKwik

Kalpana Ajayan Nitin Chugh Nalin Bansal Ashish Vijayakar Baskar Babu R Global Fintech Fest National Payments Corporation Of India (NPCI) #MobiKwik #MobiKwikFirstCard #Fintech #GFF #GFF2024

Related Questions

What inspired Upasana Taku to co-found Zaakpay?
How did Upasana Taku's experience at PayPal influence her career?
What are some of the key achievements of Upasana Taku at MobiKwik?
How has Upasana Taku contributed to financial inclusion in India?
What are the main products and services offered by Zaakpay?
Upasana Taku
Upasana Taku, photo 1
Upasana Taku, photo 2
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Location

Gurgaon, Haryana, India