Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

MobiKwik Appoints Saurabh Dwivedi as CTO

MobiKwik

MobiKwik has appointed Saurabh Dwivedi as its new Chief Technology Officer (CTO). This strategic leadership move underscores the company’s commitment to intensifying its technology roadmap and integrating artificial intelligence (AI) across its suite of offerings. Dwivedi, who joined MobiKwik in August 2023 as Senior Vice President of Engineering for Payments, will now oversee all engineering functions, including Payments, Financial Services, Core Platform, and Information Security.

Dwivedi brings a wealth of experience from his previous roles at MakeMyTrip, American Express, and Satyam Computer Services. His expertise in scaling digital platforms and driving technological innovation positions him well to lead MobiKwik’s next phase of growth. Under his leadership, the company aims to leverage AI to enhance collections, improve customer service, and accelerate product development, further advancing its digital transformation agenda.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

In a parallel move, MobiKwik has promoted Dhruv Wadhera to Senior Vice President of Offline Payments. Wadhera, who joined the company in June 2023 after a successful tenure at Zomato, has played a pivotal role in expanding MobiKwik’s reach among small merchants across India. His efforts have been instrumental in strengthening the company’s offline payments ecosystem, enabling more merchants to adopt digital payment solutions.

AdvertisementSAAS

These leadership changes come at a crucial time as MobiKwik sharpens its competitive edge in the rapidly evolving digital payments landscape. With over 176 million users and 4.6 million merchant partners, MobiKwik continues to be a dominant force in the industry. According to a RedSeer report from November 2024, the company holds the top market share in digital wallet transactions, reflecting its strong position in the market.

Also Read: RBI eases priority sector lending norms, Rs 41000 Crore for small finance banks

AdvertisementInfoComm India 2026

By appointing Saurabh Dwivedi as CTO and elevating Dhruv Wadhera to a senior leadership role, MobiKwik is reinforcing its focus on technological innovation and market expansion. The company’s renewed emphasis on artificial intelligence and digital transformation is expected to drive further growth, enhance user experience, and solidify its leadership in India’s digital payments and financial services sector.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Cholamandalam Finance Q2 FY27: Profit Jumps 41% to ₹1,630 Crore, Board Clears ₹5,000 Crore QIP

Cholamandalam Investment and Finance Company (CIFCL), the Murugappa Group's flagship non-banking finance company, has reported a 41% year-on-year… Read more →

Air India, SBI Card and Visa Team Up on Co-Branded Travel Credit Card for Maharaja Club Members

Air India and SBI Card have joined hands to build a new co-branded credit card on the Visa… Read more →

PNB Housing Finance Q2 FY27: Disbursements Jump 60% to ₹9,609 Crore, Profit Rises 6% to ₹617 Crore

PNB Housing Finance has posted its strongest quarter yet on the origination front. The Punjab National Bank-promoted housing… Read more →

Small NBFCs Lose an Estimated ₹300 Crore to AI-Powered Cyberattacks in Two Months; CERT-In Flags Payment API Exploits

India's smaller non-banking financial companies (NBFCs) are emerging as the soft underbelly of the country's digital lending and… Read more →

Meesho to Infuse ₹400 Crore in Meesho Payments, Sets Up New Financial Services Arm to Build In-House Lending

E-commerce platform Meesho is deepening its push into lending. The company's board has approved an investment of up… Read more →

Kissht Q2 FY27: Profit Doubles to ₹125 Crore as AUM Jumps 68% to ₹9,317 Crore

Digital lending platform Kissht has posted one of the strongest quarters in its history. Its parent company, OnEMI… Read more →

whatsapp--v1