Mukesh Sahu: A Luminary Leader Expanding Revolutionary Payment Solution For International E-Commerce Retailers
Mukesh Sahu
Country Manager
Mukesh is a seasoned E-commerce professional with a broad range of cross-functional expertise in a variety of sectors, including Fintech, e-commerce, and the hospitality sector. Below is an excerpt of Mukesh’s exclusive interview with CEO Insights.
What drew you to the position of Country Manager at pingpong?
pingpong's Indian branch was set up in 2019, and since then, the brand has seen tremendous development. If you look at the total business of'pingpong International', which began in 2015, the firm has grown at an annual pace of more than 100 percent so far. However, I joined pingpong in 2021, thinking it would be a way for me to establish the company's success story in India and share it with everyone across the globe. Initially, I worked as a sales director and then became the country manager for India and Korea, while managing Bangladesh, Sri Lanka operations as well.
Define pingpong as an organization and its current position in the industry?
pingpong is a payment service provider. In terms of Indian operations, the company's main offering is the repatriation of export cash into a customer's selected bank account. Individuals with Indian bank accounts who wish to transfer their international export payments to INR or any other desired currency at the lowest rate may do so by using our currency exchange service. In addition to this,
as an RBI-licensed company, we operate with and supply a variety of additional services for non India entities, such as Offline Direct payments for Traditional exporters, supplier payments and virtual credit cards, and so on.
When it comes to offering value, our fundamental product is about providing the lowest E-commerce fees. As a result, we believe that our prices cannot be matched by our peers, and we are certain that we can surpass any competitor's pricing for an E-commerce exporter. In this regard, we believe pingpong to be the leader in terms of rate and funds repatriation transparency. Furthermore, pingpong is the first firm in India to provide an outstanding value added ecosystem for exporters including Ecommerce Business consulting, Logistics, Taxation and Compliance support. To help our customers grow their businesses, we have a team of experts that have worked in the E-commerce export industry. Therefore, we are the preferred-most company to provide a Cross border payment solution for international exporters, and this is what places us at the top of the industry.
Could you tell us about the unique services that are provided by pingpong that make it stand out from the rest in the market?
The most straightforward pricing is the first element I would like to highlight. Mid-market prices may be seen at any time on our website, allowing clients to compare our rates with the market's prices at any given moment while they are doing transactions. As an additional benefit for our e-commerce exporters and clients, we provide the most competitive pricing on all products. Likewise, we are probably the only organization that offers an exporter ecosystem in India, thus when it comes to exporting and beginning a company, there is a whole ecosystem of support created by pingpong. Many times, we have seen conventional exporters deciding to start e-Commerce exports, but they are generally clueless and unfamiliar with an online business. To handle this, PingPong has two methods: an internal workforce and a robust ecosystem, which is also driven by our partners.
We are the Preferred-most company to provide a digital payment solution for international exporters, and this is what places us at the top of the industry
When it comes to offering value, our fundamental product is about providing the lowest E-commerce fees. As a result, we believe that our prices cannot be matched by our peers, and we are certain that we can surpass any competitor's pricing for an E-commerce exporter. In this regard, we believe pingpong to be the leader in terms of rate and funds repatriation transparency. Furthermore, pingpong is the first firm in India to provide an outstanding value added ecosystem for exporters including Ecommerce Business consulting, Logistics, Taxation and Compliance support. To help our customers grow their businesses, we have a team of experts that have worked in the E-commerce export industry. Therefore, we are the preferred-most company to provide a Cross border payment solution for international exporters, and this is what places us at the top of the industry.
Could you tell us about the unique services that are provided by pingpong that make it stand out from the rest in the market?
The most straightforward pricing is the first element I would like to highlight. Mid-market prices may be seen at any time on our website, allowing clients to compare our rates with the market's prices at any given moment while they are doing transactions. As an additional benefit for our e-commerce exporters and clients, we provide the most competitive pricing on all products. Likewise, we are probably the only organization that offers an exporter ecosystem in India, thus when it comes to exporting and beginning a company, there is a whole ecosystem of support created by pingpong. Many times, we have seen conventional exporters deciding to start e-Commerce exports, but they are generally clueless and unfamiliar with an online business. To handle this, PingPong has two methods: an internal workforce and a robust ecosystem, which is also driven by our partners.
We have a solid network of business associates, including those in logistics, business consulting, and product and tax compliance service providers. With the help of all of our partners and service providers, we are striving to create the ecosystem we have promised.
What has been the success mantra that constantly helps you arrive at positive outcomes?
For me, the secret to success is focusing on the demands of our customers. It is critical for every firm to understand the pain points of its clients, what their needs are, and how effectively can they respond to the needs. A product that is built on the customer's feedback will be considerably more popular with the public.
In addition, since I joined pingpong India, I've endeavored to discover terms of localization. It means I work on, how to provide products and services that make sense for our Indian clients, which are likely not available in other locales but are ideal for our nation. As a result, it has helped me to move up the leader boards.
Based on your strong professional experience, what advice would you give to the upcoming leaders in the same industry?
Find out what clients want, and then create viable products that meet their needs. Deliver the right solutions to consumers by offering products or services that address their issues, and then after mastering new products, hand them over to the sales team to sell. Secondly, if you can, try to have a system in place that allows you to interact with your consumers as often as possible, either in person or online, so that you can incorporate feedback and engage with your customers and learn more about their experience with your business. Also, aim to provide customized products and services; this can help you expand your business globally.
Mukesh Sahu, Country Manager, pingpong Payments India
With almost a decade of experience in the E-Commerce industry, Mukesh has completed B. E in Computer Science from Manipal Institute of Technology and an MBA from IIM Rohtak. In his professional journey so far, Mukesh has been part of various renowned companies like Honeywell, Toshiba Embedded Software India, DigiValet Inc, Amazon, and is currently the Country Manager of pingpong India and Korea.
What has been the success mantra that constantly helps you arrive at positive outcomes?
For me, the secret to success is focusing on the demands of our customers. It is critical for every firm to understand the pain points of its clients, what their needs are, and how effectively can they respond to the needs. A product that is built on the customer's feedback will be considerably more popular with the public.
In addition, since I joined pingpong India, I've endeavored to discover terms of localization. It means I work on, how to provide products and services that make sense for our Indian clients, which are likely not available in other locales but are ideal for our nation. As a result, it has helped me to move up the leader boards.
Based on your strong professional experience, what advice would you give to the upcoming leaders in the same industry?
Find out what clients want, and then create viable products that meet their needs. Deliver the right solutions to consumers by offering products or services that address their issues, and then after mastering new products, hand them over to the sales team to sell. Secondly, if you can, try to have a system in place that allows you to interact with your consumers as often as possible, either in person or online, so that you can incorporate feedback and engage with your customers and learn more about their experience with your business. Also, aim to provide customized products and services; this can help you expand your business globally.
Mukesh Sahu, Country Manager, pingpong Payments India
With almost a decade of experience in the E-Commerce industry, Mukesh has completed B. E in Computer Science from Manipal Institute of Technology and an MBA from IIM Rohtak. In his professional journey so far, Mukesh has been part of various renowned companies like Honeywell, Toshiba Embedded Software India, DigiValet Inc, Amazon, and is currently the Country Manager of pingpong India and Korea.