PayU bringing industry veterans at top deck

Naspers-backed payment startup PayU India seems to be on a hiring spree as it has made seven top-level hires from companies including Airtel, Human Factors International and FabFurnish, according to an ET report.

The company is also reportedly planning to rapidly expand its business and launch products in nonpayment verticals in the near future and is strengthening its team for that.

Former CTO of Fabfurnish Nimit Kumar has joined PayU as head of product for enterprise business. Ex-Vice-president for marketing at Airtel Sachin Singhal is now head of consumer business vertical at PayU.

The firm has appointed former product director at InMobi Jitender Sharan as head of engineering, non-payments. On the other hand, data science head at PepperTap Laxmikant Vyas has joined PayU as head of product, consumer credit business.

To further strengthen its design capabilities, PayU has moored in Amber Krishan, who was vice-president for advanced user experience design (UX) at UX consulting and training giant Human Factors International, as head of user experience. Then there is former vice-president of fashion portal FashionandYou.com Mahinder Narang, who has been hired to head product for the non-payment business under SMB vertical.

The SMB business will be led by another new appointment Pradeep Shekhawat, founder of a real money mobile gaming company for cricket fantasy sports.

PayU currently has three key businesses in the country — PayUbiz, its payment gateway solution used by large enterprises such as BookMyShow, Ola, Cleartrip, redBus and Zomato; PayUmoney, a wallet solution for consumers and SMB businesses; and its newly launched point-of-sale system.