Mohan Karuppiah

🔗: vikatan.com/business/start… ஆன்லைன் கேட்வே நல்லாப் போய்க்கிட்டிருக்கும்போதே, யு.பி.ஐ செயலியையும் டெவலப் பண்ண ஆரம்பிச்சுட்டேன். - மோகன், Ippo pay நிறுவனர் #Mohan | #IppoPay | #AnandaVikatan

I am thrilled to share that @tnriseoffl , a pioneering organization dedicated to empowering women entrepreneurs and MSMEs across Tamil Nadu, has partnered with IppoPay for an ambitious financial literacy initiative. My heartfelt thanks and appreciation go to Dr. P. Uma Maheswari for her invaluable support in making this collaboration possible. Today, I want to talk about something very close to my heart. At @ippopayofficial , we serve merchants primarily from tier-2, tier-3, and rural areas, with a profound mission to drive digital financial inclusion. What makes me especially proud is that over 40% of our merchants are first-time QR code users—true digital pioneers in their communities. Through my interactions with these merchants, I’ve witnessed their remarkable journeys. While their transaction volumes and revenues have grown significantly, we identified a crucial gap: despite their hard work and business growth, there has been little to no personal financial advancement. The root cause? A lack of financial literacy. While the corporate workforce has seen tremendous growth in financial awareness, small business entrepreneurs—the backbone of our economy—often miss out on this critical knowledge. This realization motivated us to take action. We have already launched our first financial literacy camps in two locations, but this is just the beginning. Our shared vision is to reach every district and village in Tamil Nadu, ensuring that all merchants have access to essential financial knowledge. These programs will cover crucial topics such as financial management, banking services, creditworthiness, and the strategic use of credit facilities. Once again, we at IppoPay are elated to support this mission. I believe this partnership represents a significant step towards building a more financially aware and empowered small business community in Tamil Nadu. When technology meets education, transformation follows. @TheStartupTN @NPCI_NPCI @ptrmadurai @TRBRajaa #FinancialLiteracy #DigitalInclusion #MSMEs #TamilNadu #FinancialInclusion #DigitalTransformation

@SuVe4Madurai எங்கள் பெயரை குறிப்பிட்டதற்கு நன்றி சார். என் அப்பா இப்போது என்னை நினைத்து மிகவும் பெருமைப்படுகிறார். @SuVe4Madurai

கூகுளின் லாரிபேஜும் இராமநாதபுரத்து கருப்பையாவும் - சு.வெங்கடேசன் எம்.பி மதுரையில் செப்டம்பர் 29 ஞாயிறன்று நடைபெற்ற ஸ்டார்ட் அப் திருவிழா நிகழ்வினை துவக்கி வைத்து ஆற்றிய உரையின் கட்டுரை வடிவம் … #Google #MSME #StartupTN theekkathir.in/News/articles/…

Startup Central | IppoPay: Strategic partnerships to drive innovation What will the funds invested by Mithun and Siddhartha Sancheti be used for? Mohan K of @ippopayofficial reveals the long-term growth plan for the company @avannedubash @itmohans youtu.be/tOC1ViroqZ4?si…

@sang1983 Thank you

IppoPay, a Chennai-based fintech Startup, has secured an investment from Mithun Sacheti, the Founder of CaratLane and Siddhartha Sacheti, CEO of Jaipur Gems. IppoPay specializes in facilitating digital payments for small-scale merchants, focusing particularly on Tier II and III cities and rural areas. The company, has a significant presence in Tamil Nadu, and is expanding its geographical footprint, starting with a deep penetration strategy in Andhra Pradesh and Telangana, followed by the rest of South India, including Karnataka and Kerala. Apart from solving banking requirements and the UPI payment penetration in the unserved sector, the company is also focusing on helping MSMEs open current accounts and enable transfer of funds. The company has also successfully obtained TPAP approval from NPCI. .

Thank you

Thrilled to witness innovation at its finest with our CEO, Mr. @itmohans , as the guest of honour and juror at St Joseph's Group of Institutions! A Hackathon pushing boundaries with AI and exclusively no-code tools, thanks to our partners @HaiVE, @FlutterFlow and @BuildShip.

Excited to announce an insightful Fireside Chat Session at the prestigious #TNGIM2024 event! Join me for an engaging discussion with Srinath Ravichandran, CEO of Agnikul, as we delve into the future of the industry. This is going to be a very interesting session as it has a different combination of fueling the rockets to fueling the merchants with digitisation. Mark your calendars for January 7th, where we'll be taking the stage at Hall G from 4:10 pm to 4:30 pm IST. Looking forward to seeing you all there! Let's ignite ideas and explore the possibilities together.

I am grateful and honored to have been named among the Top 10 Youths of 2023 by Vikatan Nambikai Awards! Thank you for this incredible recognition! @AnandaVikatan

I am pleased to share that we have partnered with @Visa to issue credit cards to our MSME merchants. businesstoday.in/entrepreneursh…

Thank you saying this Sir. We at @ippopayofficial spent a lot of time thinking about this. What we realised is that those self employed in small towns running their own shops etc, lack the opportunities to earn passive income that we do without having to risk capital or spend significant amounts of time. This solutioning is core to what we’re building at IppoPay. We’re spending disproportionate amounts of time building income opportunities for our merchants that will help them meet their household expenses and savings without having to borrow which a lot of them today are doing at extremely high rates.

A note to fintec entrepreneurs focused on democratizing finance. Please ask yourself if what you are doing is enabling people to get more productive so they can earn additional income or it is trapping them in debt. Enable production oriented finance, not consumption oriented.

So we come up with a new idea. Our FSE creates ePan and MSME certificates for our stores. We created over 50,000 ePan, Aadhar and MSME certificates for our merchants vis Udyog Aadhaar. We have an enormous digital India vision that is in line with our Government of India. Our next focus is to launch RuPay credit cards for our merchants to help credit their businesses. We have already launched our soundbox and Pos machine. What exactly do stores want to digitise their transactions, Accept UPI, Card payments, Working Capital, Record cash payments and Insurance? IppoPay Provide them all.

Happy World Fintech Day! We are excited to share our achievements in the last 18 months: Successfully onboarding 400,000 offline stores and processing more than 3000 crores worth of UPI transactions. Notably, 75% of our stores are located in tier 2, 3 and rural areas, with 40% being first-time QR users, as we introduced UPI QR to these merchants. Starting with only 5 FSEs (Field Sales Executives), we now have a team of more than 300 FSEs. Our goal for this financial year is to reach 1 million stores. We have shifted our focus entirely to South India. IppoPay onboard merchants in P2M model, which means we have to collect full KYC (PAN, Aadhar and Business proof). IppoPay, as a fintech startup, we have to adhere to policies that obey the regulators. Does anyone think rural merchants will have Pan cards, Aadhar and business proof? Yes, it did affect our onboarding growth, but still, we wanted to follow.

Nearly 3 since inception, hoping to tap into the payments market in #Rural India, #fintech platform @ippopayofficial has set itself a growth of $100 million in the next 4 years. CEO @itmohans tells @JudeSannith24 that a y-o-y revenue growth of 30% could help it get there.

#TamilNaduStartupThiruvizha2023 #SpeakerAnnouncement ! Upcoming Tamil Nadu-based payment gateway IPPO Pay Founder Mohan K speaks on "Entrepreneurial Resilience: Bouncing Back from Failures" at StartupTN's "TamilNadu Startup Thiruvizha Conference". @https://www.tnstartupfest.com

Sharing insights on stage now is Mohan K, Co-Founder & CEO, @ippopayofficial. Stay tuned for live updates and insights! #CRS2022

@sindhuhTOI Thank you so much

Read it online here: timesofindia.indiatimes.com/business/india…

@NeerajEmotion @PSQuote Guide me to part of this.

@PSQuote Lots of them We fund 2-3 startups every month ...typically $150K ticket size ...pooled in by smaller investors with ticket size starts from $5K

Instead of investing $100K in a MBA ...invest $10k each in 10 startups ...we will end up earn more and chances are you will earn more than this in just 2 yrs by the time someone finishes MBA #startups #investing #Entrepreneurship

One of my Ad clients - Mohan Karuppiah got featured in Forbes today ! Have seen him from his inception days . So so happy that a young tamil entrepreneur is going globally. Well done and congrats mohan brother !! 💐💐💐😊😊😊