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Ex-Amazon fashion head Vikas Purohit joins Paytm

  • Digital payments and
    commerce player Paytm has appointed Vikas Purohit, who spearheaded fashion at
    Amazon India,
    in a leadership role for its yet-to-be-launched payments bank business.
  •  
  • A retail industry
    veteran with stints at Tommy Hilfiger and Reliance Brands, Purohit spearheaded the
    fashion segment at Amazon India,

    • Digital payments and
      commerce player Paytm has appointed Vikas Purohit, who spearheaded fashion at
      Amazon India,
      in a leadership role for its yet-to-be-launched payments bank business.
    •  
    • A retail industry
      veteran with stints at Tommy Hilfiger and Reliance Brands, Purohit spearheaded the
      fashion segment at Amazon India,
      Paytm said in a statement. Purohit will join Paytm as a senior vice-president.
    •  
    • An IIT-BHU and
      IIM-Bangalore alumnus, Vikas Purohit steered Amazon’s fashion business to a
      sizeable scale while competing with the Flipkart-Myntra combine. His experience
      at Amazon India
      since its inception would prove enriching for Paytm, as fashion has emerged as
      a key growth driver for all e-commerce players, the statement said.
    •  
    • Speaking on the new
      appointment, Amit Sinha, Vice President – Paytm, said, “Vikas joins us at a
      time when we are taking Paytm to a new level. He brings with him rich, varied
      and elaborate know-how of Business. Vikas holds a wealth of experience in
      architecting online marketplaces and we needed someone who holds both online
      and offline retail experience.”
    •  
    • For its payments bank
      rollout, the Noida-based Paytm is in the process of recruiting 3,000 people has
      also got on board Ernst & Young and Mckinsey to help it in its hiring
      process.
    •  
    • “It feels great
      to be a part of the country’s leading mobile payments and commerce platform
      which has been growing appreciably in the past and has an ambitious national
      vision of financial inclusion and a cashless economy. I am looking forward to
      being a part of the inspiring journey that lies ahead for Paytm,” Purohit
      said.

     

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