Siddharth Das

E-commerce major Flipkart has appointed Siddharth Das as the Chief Operating Officer of its online payment solution PayZippy, a Flipkart spokesperson has told Medianama.

Das joined Flipkart about a month back and is currently looking after PayZippy with assistance from Mekin Maheshwari, the erstwhile Head of Payments & Digital Media at Flipkart. Flipkart is conducting a CEO search for PayZippy right now.

Prior to this appointment, Das was serving as a consultant for a multinational credit information and analytics company for the last two years. Before that, he was serving as the chief operating officer of High Mark Credit Information Services for more than four years. He’s also had stints at Fair Issac Corporation, Acxiom Corporation, Oracle, Tenfold Corporation and World Bank.

After launching PayZippy in July last year, Flipkart had introduced PayZippy’s consumer facing product last month, allowing users to save their credentials across its merchant websites. The company had also applied for a prepaid wallet license for PayZippy, for which it is awaiting RBI’s approval.

Note that PayZippy is operated by a separate entity called Flipkart Payment Gateway Services Pvt. Ltd and Flipkart itself is being treated as one of PayZippy’s merchants. Earlier this month, Flipkart’s competitor Snapdeal had also launched its payment gateway KlickPay.

Mekin Maheshwari

Mekin Maheshwari Is Chief People Officer

Former Head of Payments & Digital Media Mekin Maheshwari has been promoted as the Chief People Officer of Flipkart, reports The Economic Times. He will be responsible for managing the company’s human resource initiatives.

Prior to being appointed as the head of payments & digital media in December 2012, Maheshwari was serving as the head of engineering for more than three years. He had earlier worked at uGenie which was acquired by Lulu, which in turn was acquired by Flipkart in December 2010. He’s also had stints at Yahoo and Majoris.

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