Fintech startup IppoPay appoints Atish Shelar as chief operating officer

• ByStartupStory     |    June 20, 2022

Atish Shelar has been named chief operating officer of fintech startup IppoPay. IppoPay, which was founded in November 2020, has helped 50,000 offline merchants and daily wage earners in India’s Tier 2, Tier 3, and rural markets increase their revenue by accepting online payments.

“Atish has comprehensive expertise and substantial experience in digital payment processors, operations, and sales in India, We’re ecstatic to have him on board as our COO, a new title in our ever-expanding organisational structure,”  said Mohan K, CEO of IppoPay

Shelar has worked in the payments industry for 15 years. He was one of HDFC’s first merchant acquiring and payment gateway team members. He formerly worked with BillDesk, Atom (now NTT Data), and M2P Fintech, where he was in charge of product, sales, strategy, and leadership.

Shelar said “IppoPay is one of the most rapidly expanding offline and online payment companies. For the next three years, the company has a solid and promising strategy.”

Coinbase Ventures, Better Capital, and Blume Founders Fund have invested $2.1 million in the startup, which employs over 200 people. M2P Fintech founders Madhu R and Prabhu R, as well as PointOne Capital partner Archana Priyadarshini, took part in the round.

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