Sameer Nigam is an Indian entrepreneur and the founder of PhonePe. Sameer Nigam was born in 1978 and currently lives in Bengaluru, Karnataka.
Sameer founded PhonePe in 2015 with his partners Rahul Chari and Burzin Engineer. The company offers a UPI-based online payment system.
The digital payments firm shifted its base to India last October as it wanted to list the domestic bourses. However, local laws pose particular challenges.
Born in 1978
Sameer Nigam was born in 1978 and currently lives in Bangalore, Karnataka. He is the founder and CEO of PhonePe, a UPI-based online payment system. He also served as Senior Vice President of Engineering and Vice President of Marketing at Flipkart, India’s largest e-commerce company.
Sameer completed his education at DPS Noida and received a Computer Engineering degree from the University of Mumbai. He pursued a Master of Science in Computer Engineering at the University of Arizona (1991-2001) and an MBA in Entrepreneurship from The Wharton School, University of Pennsylvania (2007-2009).
Sameer founded PhonePe Private Limited in 2015 and served as its CEO. Before launching PhonePe, he served as Senior Vice President and Vice President of Engineering at Flipkart. He also established his first startup, Mime360, in 2009. The Economic Times named Sameer Nigam among 40 Indian business executives under forty. He has a net worth of 17.7 crores as of 2017.
Founder and CEO of PhonePe
Sameer Nigam is the founder and CEO of PhonePe, an app that provides digital payments to consumers. He founded the UPI-based startup in 2015 with two friends, Rahul Chari, and Burzin Engineer.
Having worked in Flipkart, Sameer is an entrepreneur at heart. He launched his first venture Mime360 in 2009, which was later acquired by Flipkart.
He is also an angel investor. His entrepreneurial zeal and vision have helped him establish several other companies.
In December 2015, Sameer and his friends launched a mobile application that uses the Unified Payment Interface (UPI). The app allows users to do instant transactions without linking their bank accounts or using OTPs.
The app is free for customers, and they can use it to transfer funds from one account to another. It also lets them make payments for online and offline shopping.
Education
Sameer Nigam completed his education at DPS Noida and then completed a Computer Engineering degree from the University of Mumbai. He studied for a Master of Science in Computer Engineering from the University of Arizona and then earned an MBA in Entrepreneurship from The Wharton School, University of Pennsylvania.
In 2015, Sameer founded PhonePe, a UPI-based online payments platform. He teamed up with Rahul Chari and Burzin Engineer to make it happen.
He later served as Senior Vice President of Engineering and Vice President of Marketing at Flipkart, India’s largest e-commerce company. He also started Mime360, an online media distribution channel linking content owners with suppliers.
Sameer Nigam has a wide range of skills and expertise, including product marketing, e-commerce, strategic partnerships, online marketing, digital strategy, user experience, web applications, startups, mobile marketing, digital media, special needs, business development, web development, and web analytics. He was able to achieve his goals by successfully implementing several strategies.
Net Worth
Sameer Nigam, the CEO of PhonePe, has a net worth of INR 17.7 crores. He is an Indian entrepreneur who has founded and managed the mobile payments platform PhonePe.
Having an experience in various sectors such as marketing and engineering, Sameer Nigam established PhonePe in 2015 along with Rahul Chari and Burzin Engineer. Previously, Sameer served as the SVP of engineering and VP of marketing at Flipkart.
He is also a co-founder of Mime360, an online content distribution platform. The company was acquired by Flipkart in 2011.
Sameer Nigam started his career in Noida, where he completed his first education. He then went to the University of Mumbai and received a degree in Computer Engineering. He also earned an MBA from The Wharton School, University of Pennsylvania. He has several investments in different companies, including Artifacia.