MY MOBILE PAYMENTS LTD’S SHASHANK JOSHI WINS ASIA PACIFIC ENTREPRENEURSHIP AWARD 2015 INDIA UNDER THE ‘MOST PROMISING CATEGORY’

Shashank M. Joshi, Managing Director of My Mobile Payments Ltd, has won the Asia Pacific Entrepreneurship Award 2015 India (APEA) under the “Most Promising Category”. My Mobile Payments Ltd (MMPL) is one ofIndia’s leading mobile payment solutions companies operating the MoneyOnMobile brand.

Twenty six Indian entrepreneurs and business leaders were named awardees of the Asia Pacific Entrepreneurship Awards 2015, at a glittering gala at the Taj Palace, Delhi. Over 300 attendees were present at the by-invitation-only event, comprising industry leaders, leading entrepreneurs and dignitaries.

Since its inception in 2010, MMPL has launched an m-payment solution that makes life simpler for the common man, and specifically the “unbanked” segment of the population. To reach this vast customer base across India, MMPL has taken a unique distribution approach, comprising a strong sales and distribution team and a highly committed network of approximately 275,000 retailers, thus creating new jobs in the process.

Speaking on the award, Shashank Joshi, Managing Director, said, “I’m very humbled to receive this recognition from APEA. It’s a prestigious award and the selection criteria is especially stringent. The award is a tribute to my MoneyOnMobile team whose dedication and hard work has helped us become one of the largest mobile payment service providers in India.”

“Our goal is to create over 100,000 direct and indirect jobs in India in the next few years. Currently at 5000, we’ve a fairly long way to go, and its recognition like this and all the adulation that keeps us focused,” he further added.