Biography of Sameer Nigam, Founder of PhonePe
Phonepe owner Sameer Nigam is an Indian entrepreneur. Most people know him as the founder of PhonePe. He founded the UPI based online payment system in the year 2015 and is also its Chief Executive Officer (CEO). Earlier Sameer Nigam used to work for Shipkart. He has also worked at Flipkart as Senior Vice President, Engineering. In the year 2009, he launched his first project Mime360. Which used to connect content owners with content publishers. He made a personal investment in an organization called Artificial on January 14, 2016. Listed among the only Indian business leaders in the list of “40 under 40” by The Economic Times. As of 2017, his net worth was around Rs 17.7 crore. In the year 2015, he laid the foundation of a company like PhonePe. In this article of ours today, we will know in detail about the biography of Sameer Nigam – Founder of PhonePe, Sameer Nigam.
Biography of Sameer Nigam – Biography of Sameer Nigam, Founder of PhonePe
Sameer Nigam was born in the year 1978. Sameer Nigam currently lives in Bengaluru, Karnataka. They have made their way from Noida to Mumbai and then finally to Bengaluru. This is also the headquarters of his company PhonePe. His venture got a tremendous boost from the demonetization policy, which was announced by the Government of India in the same launching year of PhonePe.
Sameer Nigam has completed his formal education from DPS Noida. Thereafter, Sameer Nigam enrolled in the University of Mumbai to pursue an engineering degree in computers. He did his Master of Science at the University of Arizona to further study computer engineering. He later completed his studies in Business Administration from the University of Pennsylvania.
After completing his studies, Sameer Nigam worked as the Director of Search Product Development at ShopClues from the year 2021 to June 2007. He then launched his venture Mime360 in the year 2009, which is an online social media distribution channel. The company was later acquired by Flipkart.
He worked for Flipkart from October 2011 to August 2015. While working for the e-commerce giant, he has served in several divisions including Marketing and Engineering as President and Vice President respectively. He has done his digital wallet platform PhonePe in 2015. where he was posted as Chief Executive Officer. Also Read – Tim Cook CEO of Apple Biography
Sameer Nigam has done exceptionally well in his corporate career. For which he has also received a lot of appreciation. He has showcased his skills in the fields of Product Marketing, E-Commerce, Strategic Partnership, Online Marketing, Digital Strategy, Web Application Developer, Startup, Mobile Marketing, Digital Media, Business Development, Web Development, Web Analytics and many more. done since
Sameer Nigam is highly skilled in Team Management, Digital Marketing, Non Medical Home Care, Lead Generation Search Engine Optimization, Strategy, Mobile Applications, Mobile Ads and Online Advertising.
Sameer Nigam Founder of Mime360
In the year 2009, Sameer Nigam launched his first venture Mime360. Which was an online media distribution channel. Whose headquarter is in Mumbai India. The company provides an exchange platform to connect content owners with content publishers including Saregama Indiatimes and others.
Mime360’s security is aided by API feeds that help prevent piracy and allow a large number of publishers to sell licensed content globally. Most importantly, Mime eliminates various infrastructure costs for partners including content management, storage and local data center bandwidth and empowers content owners to set regional pricing.
Mime360 was acquired by Flipkart. The e-commerce giant was looking to acquire smaller companies to grow the team. After the acquisition, some of Mime360’s employees later joined Flipkart to start a digital music distribution service. Strong entrepreneurial spirit, vision and experience propelled Sameer and he quickly started another venture.
Sameer Nigam Founder of PhonePe – Sameer Nigam Founder of PhonePe
Sameer Nigam launched his Unified Payments Interface (UPI) based startup PhonePe in December 2015. He went on to become the founder and CEO of the Bangalore headquarter. He is a member of the board of directors at the company and advises on marketing and various other strategies.
Sameer along with two of his friends, Rahul Chari and Burgein Engineer, came up with the idea of designing an online payment system based on UPI. PhonePe application went live in August 2016. Where in more than 11 Indian languages were made available for the user.
PhonePe was acquired by Flipkart in the year 2016. However, the e-commerce giant came under the ownership of US-based Walmart Inc in 2018, valuing it at $16 billion. PhonePe was acquired with the aim of expanding its online shopping footprint in India.
Awards and honors received by Sameer Nigam
Sameer Nigam has achieved a lot in a short span of time. The Wharton Business School, University of Pennsylvania honored him with the Venture Award in 2008. He has participated in two shows. He attended the 16th NASSCOM Product Conclave 2019 held at Bangalore, Karnataka, India Asia on 5 November 2019. He also participated in Money 20/20 which was held in Singapore on March 19, 2019 as a speaker in Central Region, Singapore, Asia.
- PhonePe was recognized by the National Payments Corporation of India (NPCI) for attracting the largest number of merchant transactions on the UPI network. In the year 2018.
- Received the Best Mobile Payment Product or Service category at the IAMAI India Digital Awards 2018.
- Won the UPI Digital Innovation Award from NPCI 2018.
- Received the Super Startup Asian Awards in the year 2018.
- India Advertising Awards 2018 Telecom and Technology category.
- Received for Best Digital Wallet at the 8th Annual Indian Retail & E Retail Awards 2019 organized by Zee Business and The Economic Times.