MobiKwik appoints Vineet K. Singh as Chief Business Officer

MobiKwik has announced the appointment of Vineet K. Singh as the Chief Business Officer. Vineet is a renowned industry veteran who will own the mandate of leading business at the company and supervising national operations.

Bipin Preet Singh, Founder & CEO, MobiKwik, said, “Vineet’s experience in leading business growth, his vision and leadership make him uniquely qualified to drive business at MobiKwik at this moment of great opportunity. We are confident that, with his calibre, he will create compelling value for the company.”

Prior to joining MobiKwik, Vineet K. Singh was the Co-Founder, CEO & MD of Buildzar.com. He has more than 16 years of experience in the consumer internet industry. Prior to Buildzar, he was EVP & Business Head of multiple business in Info Edge, including Naukri.com, 99acres.com, JeevanSaathi.com and NaukriGulf.com. He worked closely with promoters of Info Edge while having built businesses from ground up to topline of Rs.500 crore+ and a market cap of over $2 billion. Vineet is a renowned consumer internet and housing expert, as well as an excellent people manager, communicator and relationship builder.

“I have been observing MobiKwik’s growth trajectory for a few years and am thrilled to receive the opportunity to lead business for the company at these exciting times. Together with the dynamic and passionate team of MobiKwik, I look forward to making 2017 a record year for the company’s business growth,” said Vineet K. Singh, Chief Business Officer of MobiKwik.

A market research recently reported that the global mobile wallet market was valued at approximately US$594 billion in 2016 and is expected to reach approximately US$3,142.17 billion by 2022, growing at a CAGR of around 32% between 2017 and 2022. Earlier this month, Daman Soni, ex Infosys Business Development Head for telecom in the United Kingdom, joined MobiKwik as Vice-President for growth.