Visionaries Empowering Entrepreneurs with Instamojo
In the tech-savvy city of Bengaluru, Karnataka, four innovative entrepreneurs, Aditya Sengupta, Akash Gehani, Harshad Sharma, and Sampad Swain, embarked on a mission to empower small and medium-sized businesses. They are the founders of Instamojo, a mobile payments platform that has been helping entrepreneurs start, run, and grow their businesses online since its inception in 2012. Instamojo has become a driving force in the financial services and e-commerce industries, employing 101-250 professionals and securing $8,444,527 in funding through seven rounds with support from 14 investors, including 500 Startups, Kalaari Capital, BEENEXT, BASE, and Blume Ventures.
The entrepreneurial journey of Aditya Sengupta, Akash Gehani, Harshad Sharma, and Sampad Swain is a story of innovation, determination, and a profound understanding of the challenges faced by small business owners. Their idea for Instamojo was born from the recognition that many entrepreneurs struggled with digital payments and online business operations. Instamojo was conceived as a solution to these challenges. The platform provides entrepreneurs with an easy-to-use and comprehensive suite of tools to establish and manage their online presence, including creating a web store, accepting payments, and managing customer relationships. The founders envisioned a platform that would empower entrepreneurs to take their businesses online without the need for technical expertise.
What sets Instamojo apart is its commitment to financial inclusion and the democratization of e-commerce. The platform has enabled countless small business owners to digitize their operations and accept online payments, bridging the gap between them and their digitally-savvy customers. Instamojo’s journey also exemplifies the principles of social entrepreneurship. By making online business tools accessible to even the smallest entrepreneurs, it has contributed to economic growth and digital literacy among businesses across India. This not only fosters financial inclusion but also supports local economies and job creation.
Aditya Sengupta, Akash Gehani, Harshad Sharma, and Sampad Swain’s work with Instamojo showcases how innovative solutions can address critical challenges faced by small business owners while driving economic growth and digital empowerment. Their commitment to making online business tools accessible to all stands as an inspiring example of entrepreneurship that benefits entrepreneurs, consumers, and society as a whole. In a world where digital transformation is a key driver of business success, the work of Instamojo’s founders offers a model for entrepreneurs to create positive change through social entrepreneuring.
Subscribe with us to get your dose of interesting news, research & opinions in the startup segment. Fill the form below: [email-subscribers namefield=”YES” desc=”” group=”Public”]