MobiKwik strengthens leadership team for payments business

Fintech firm MobiKwik has made appointments to its leadership team to drive growth of its payment business, said a statement issued Wednesday.

Mohit Narain has been elevated to the role of chief operating officer - consumer payments. Additionally, Harvinder Singh Chadha has joined Zaak ePayment Services (Zaakpay), a wholly owned subsidiary of MobiKwik, as vice-president to lead the payment gateway business.

Narain has been associated with MobiKwik for over five years and was serving as operational excellence coach. He has been instrumental in driving overall organisational growth by putting processes in place as well as resource and cost optimisation. In his new role, he will be responsible for ensuring operational efficiencies at scale across the payments business, primarily focusing on UPI, MobiKwik Wallet, offline QR and devices (Soundbox and POS).


Chadha joins the company from Cashfree Payments, where he was heading the enterprise business. With over 20 years of experience in the banking and fintech sectors, he has worked with Standard Chartered Bank, Yes Bank and HSBC, scaling up their payments businesses while placing equal emphasis on compliance and governance. At Zaakpay, he will lead business growth for the company’s payment gateway business.

He will be responsible for online merchant acquisition of both small and medium (SMBs) and enterprise businesses, banking partnerships, and building teams to ensure scalable and repeatable growth.

“The digital payments landscape in India has gone through a remarkable surge in adoption. Recognising the evolving needs of India’s businesses and consumers, we have made these strategic appointments to further strengthen our foothold in the payments space. Mohit and Harvinder bring seasoned expertise to their respective roles," said Bipin Preet Singh, cofounder and CEO, MobiKwik.