The Path of Upasana Taku: Innovation and Success in Silicon Valley and Fintech
- Peter Johnson
- Dec 8, 2023
- 2 min read
The accomplishments of Upasana Taku are worthy of applause in this ever-shifting world of successful entrepreneurs. Her dedication and boldness in taking risks has enabled her to go from Punjab Technical University to Stanford University and reach the apex of the fintech industry. This path to success is in stark contrast to the majority of successful business people who come from prestigious schools like IIT and IIM.
Upasana, the CEO and Board Chairperson of MobiKwik, along with her husband Bipin Preet Singh, has achieved tremendous success in their entrepreneurial journey, which began in 2009. The company has now been valued at an impressive ₹8,000 crore, making it an inspiring example for aspiring female entrepreneurs.
The fact that Upasana has 17 years of experience in the field, including having worked at PayPal and HSBC, makes her stand out. She had faith that India provides great opportunities and challenges for business, so she was determined to move back to India in 2008, even though her family was not supportive of the decision.
In a recent interview with Forbes, Upasana highlighted the number of opportunities available even in the face of challenges in India. She had a clear vision of India as the perfect arena for her business ventures even from the outset, and her conviction has been the force that has propelled MobiKwik to its impressive success.
The narrative takes an intriguing twist when Upasana gets married to Bipin Preet Singh in 2011, a momentous occasion that set the stage for their mutual journey of entrepreneurship. Bipin, the co-founder of MobiKwik, had the idea for the platform but was reluctant due to familial obligations. That's when Upasana stepped in and provided the inspiration, making it possible for him to quit his job and go ahead with the risky endeavor of launching a startup.
Under the guidance of Upasana, MobiKwik has set lofty aspirations for the current fiscal year. The firm seeks to double its revenues and become profitable in the third quarter of 2022–2023. In a sector where success is regularly gauged by market value, MobiKwik's worth of ₹8,000 crore is a testament to its significance and influence in the fintech industry.
Upasana Taku's journey is more than just a tale of success; it is an inspiring light for those who have the courage to dream outside of the norm. Her academic endeavors in India and the US, in addition to her shrewd choice to come back to her homeland, illustrate how international knowledge can be used with local acumen.
Dynamic alterations are being seen in the fintech sector, with Upasana Taku and MobiKwik and their abilities to produce innovation, strength, and a relentless desire for accomplishment at the leading edge. Upasana's tale is a New York Times-worthy onetime success over difficulties, the destruction of obstacles, and ultimately a distinct impact in the entrepreneurship realm.
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