W

  the speakers of The Growth Net 2013 Edition

 

Abhishek Sinha
Co-Founder & CEO, EKO Financial Services, India

Abhishek Sinha is Co-founder & CEO of Eko India Financial Services Private Limited. Abhishek believes in the creation of wealth and degrees of freedom. In February 2007, Abhishek exited his first venture to pursue his vision to promote mobile phones as a financial identity for people at the bottom of the pyramid. This ideas were validated when he won the TIE-Canaan Entrepreneurial Challenge, 2006.
After a brief stint with Mahindra-Satyam, he co-founded Six DEE Telecom Solutions, a telecom value added services company in 2002. He holds a Bachelor’s Degree in Electronics and Communication Engineering from Birla Institute of Technology, Mesra.

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Eko democratises access to formal financial services using mobile phones as a financial identity for people at the bottom of the pyramid. Eko stands out for simplicity of user experience while still ensuring secure transactions.
Eko has partnered with over 2000 retail stores bringing banking services at the next-door grocer for close to 2 million customers. Eko’s technology enables these “Human ATMs” to use a very low cost cell phone – no internet, no apps – to open bank accounts, enable deposit, withdrawal and money transfer transactions in realtime. Eko processes over $ 1 million every day and has processed close to a billion dollars in transactions so far! Eko is “Business Correspondent” partner to State Bank of India, ICICI Bank and Yes Bank.