MobiKwik hires Ex Line India head Daman Soni

In his new role, Daman will be leading the growth vertical at MobiKwik

New Delhi; January 19, 2017: Indian mobile wallet major, MobiKwik today announced the appointment of Daman Soni as Vice President for Growth. In this new role, Daman will be heading the Growth function at MobiKwik and will be responsible for achieving the company's user growth targets. He will also support the Marketing function at company.

Speaking on the appointment, Bipin Preet Singh, Cofounder of MobiKwik said, “I have observed Daman’s professional growth over years and admire the wealth of knowledge he brings with him. His strength lies in his observation of deep insights and driving sustainable results from it. Having past entrepreneurial experience is another positive. We are very excited to have Daman as part of Team MobiKwik and look forward to leveraging his considerable industry experience as we expand our operations.”

Daman Soni, Vice President - Growth, MobiKwik

Daman holds an MBA degree from ISB Hyderabad and has done his Engineering from NIT Rourkela. Prior to joining MobiKwik, Daman was heading the Indian market for the Line suite of apps and was responsible for strategy, growth, marketing and developing unique offerings for the company. In his previous assignments, he headed Telecoms Business Development for Infosys in UK. He was also associated with North Indian states for Nokia and cofounded a company in the education space and another start up in the content & media space.

Daman Soni, Vice President – Growth, commented on his appointment, “I am pleased at receiving the opportunity to lead growth for MobiKwik at a time when the mobile wallet industry is at the cusp of its evolution. My objective is to take MobiKwik to new heights and become a significant part of the company’s growth journey.”

About MobiKwik: 
MobiKwik is an Indian wallet major with a network of more than 10 lakh direct merchants and over 45 million plus users. Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company has raised three rounds of funding from Sequoia Capital, American Express, Tree Line Asia, MediaTek, GMO Payment Gateway, Cisco Investments and Net1.
MobiKwik aspires to be the largest source of digital transactions in India. It is powering e-payments for IRCTC, Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Dominos, Burger King, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda, Nearbuy, Van Heusen, Allen Solly, Louis Phillips, GoDaddy, MakeMyTrip