Flipkart's Sandeep Patil Joins Truecaller as India MD
Truecaller claims that every tenth active user in India has linked their bank account to its payment service Truecaller Pay.
Bengaluru, May 29: Swedish caller identification app Truecaller has appointed former Flipkart executive Sandeep Patil as the Managing Director for its India operations. Patil will be part of the global management team effective May 28, Truecaller, which has over 100 million daily active users in India, said on Wednesday. Flipkart Summer Carnival Sale: Best Deals on Smartphones, Gaming Laptops, Cameras, Headphones & Accessories This Akshaya Tritiya 2019.
The appointment of Patil, who previously led several mandates at Flipkart including launching and substantially scaling up the fintech business, comes ahead of Truecaller's planned launch of its credit business. Truecaller claims that every tenth active user in India has linked their bank account to its payment service Truecaller Pay.
"We have a unique opportunity here to provide distinctive and empowering services that can improve the lives of our customers and drive their economic development," Patil said.
"We consider India our home market where we want to deepen our presence, engagement and relevance. I look forward to further strengthening our innovative organisation and collaborating with the ecosystem to take Truecaller to greater heights," he added. Amazon Summer Sale 2019: Big Discounts on OnePlus 6T, iPhone X, Huawei Mate 20 Pro, P30 Lite & Other Gadgets.
Based in Bengaluru, Patil will be responsible for spearheading business strategies to expand the company's footprint and accelerate revenue growth globally. He will be overseeing the teams based in Delhi, Mumbai and Bengaluru. He holds an MBA from the London Business School and a B.Tech. from the Indian Institute of Technology, Mumbai. Flipkart's Flipstart Days Sale: Celebrate Akshaya Tritiya 2019 With Big Discounts on Laptops, Speakers, Smart TVs & Accessories.
"Sandeep's expertise and experience in consumer technology, financial services, and his strong global strategic experience will definitely help Truecaller fast track many of our ambitious plans and take it to the next level," said Alan Mamedi, CEO and Co-Founder, Truecaller.
(The above story first appeared on LatestLY on May 29, 2019 04:46 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).