Digital payments and financial services platform Paytm, owned by One97 Communications, has announced the appointment of Premanshu Singh as Senior Vice-President.
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Singh will have a business role in the financial services vertical within Paytm and will report to Amit Nayyar, President.
Nayyar said, “We are excited to welcome Premanshu who brings a wide range of experience in traditional industries as well in the digital ecosystem. As we deepen our presence in various segments of financial services, we continue to expand our leadership team to focus on multiple opportunities and possibilities that our Paytm ecosystem offers.”
Singh said, "I am excited to be a part of a great entrepreneurial ecosystem. As India aspires to be a $5 trillion economy, building the next set of products and services for the end-user will be our focus."
Singh comes with over 17 years of experience with some of the top FMCG companies, including ITC, Johnson & Johnson as well as leading internet and digital commerce companies.
Prior to joining One97 Communications, Premanshu was the CEO of Coverfox for about three years. He also served as Head of Marketing at Practo and head of Emerging Business, Sales Strategy and International at Shaadi.com. The nuances he brought into these businesses helped these companies grow and expand. He founded an e-commerce venture a2zbaby as well.
He has an MBA from Indian Institute of Management Ahmedabad and has done Executive Program from INSEAD.