Paytm Money: India’s largest online platform for mutual fund investments and the wholly-owned subsidiary of One97 Communications Limited, which operates Paytm, today announced the appointment of Suresh Vasudevan as its Technology Director (CTO). Suresh will lead the general engineering and technology functions at Paytm Money and will be based in Bengaluru.
Suresh Vasudevan has more than 20 years of experience in the development of products for several new companies and companies of business products in domains of payments, electronic commerce and fintech. He has also worked at Amazon as Director of Engineering for the Alexa Skills Certification platform. In the past, he served as vice president of engineering at Unicel Technologies and held leadership roles at Sify and mChek. He also had a brief participation in Paytm Mall as Vice President of Engineering before joining Paytm Money.
Pravin Jadhav, Paytm Money’s full-time Director said: “We are very excited to welcome Suresh as our Technology Director to lead our engineering teams. His rich experience in multiple technologies and verticals of the industry would be of immense value to help build and scale our investment platform. Suresh will also work on the creation of Data Science and AI capabilities for Paytm Money as we continue to focus on the automation of our platform and the creation of investment products based on theft-advice to facilitate investment advice and the process of decision making for our users. ”
Suresh Vasudevan, CTO, Paytm Money said: “I have been one of the first to adopt Paytm Money as a user, and I admire the focus and passion with which the engineering team has built the product, and has scaled it to its leading position. Within a few months of its launch, I am honored to lead this team on the journey to build a world-class investment product for millions of Indians. ”
Since its launch in September 2018, Paytm Money has surpassed the 1 million registered users mark to become the largest platform for direct mutual fund investments in India. With a clear focus on simplifying investment for all Indians, Paytm Money has constantly innovated for its investors with some of the most recent features launched, such as Register now, Pay later for SIP, monitoring and consolidation of the portfolio of mutual funds, SIP Top-Up and many of those useful features.