Rapyd appoints ex-Uber executive Mahesh Muraleedharan to accelerate the Fintech company's growth in India

/ -- Global Fintech-as-a-Service platform Rapyd has appointed Mahesh Muraleedharan to lead its operations in India. In his role as Country Manager, Mahesh will be overseeing Rapyd's business operations in India from Bangalore and expand the company's footprint in the market.

The move signifies Rapyd's growing commitment to South Asia and its strategic focus on growing in India, one of the most prominent and dynamic markets across all of Asia Pacific. The company is looking at enabling Indian platform companies and innovators to develop new services as they grow regionally and globally, as well as to help global companies expanding into India to tap into the country's large and growing millennial population, while simplifying access to the revolutionary changes in the Indian payments landscape.

"India provides immense growth opportunities for Global and Regional companies across many industries, from eCommerce to logistics. There are tectonic shifts happening in the Indian Payments landscape right now, driven by the development of UPI (India's national real-time payment system), the emergence of strong local wallets, and a decade-long focus by progressive regulators to drive adoption of digital payment methods. We feel that Rapyd can play an important role in helping Indian innovators to grow, as well as to connect this visionary ecosystem to the rest of the world," says Joel Yarbrough, VP Asia Pacific, Rapyd.

"Mahesh Muraleedharan has been one of those people that really moved the digital needle in India, and I believe he will be a great person to drive Rapyd's business in India to new heights through partnerships with businesses looking to grow their sales internationally, dialogue with leading financial partners, and engagement with the mature startup community to accelerate new solutions in the market."
About Rapyd
Rapyd helps businesses create great local commerce experiences anywhere. The world's most innovative ecommerce, technology firms, and marketplaces utilize our Fintech-as-a-Service platforms: Collect, Disburse, Wallet and Issuing to seamlessly integrate Fintech and payment capabilities into their applications. By accessing the Rapyd Global Payments Network, businesses can access over 900 locally preferred payment methods including bank transfers, e-wallets and cash in more than 100 countries. Now ecommerce, technology firms, and marketplaces can focus on growing new markets and reaching billions of consumers rather than building infrastructure. Investors include General Catalyst, Stripe, Target Global and others. For more information, visit www.rapyd.net