Jitendra Gupta

Co-Founder

Mumbai, Maharashtra, India25 yrs experience

Most Likely To SwitchHighly Stable

Key Highlights

Founded successful fintech companies including Citrus Pay and Lazypay.
Led a joint venture between ICICI Bank and First Data.
Achieved one of India's largest fintech exits with Citrus Pay.

Stackforce AI infers this person is a Fintech expert with extensive experience in payments and investment banking.

Contact

Skills

Core Skills

PaymentsBusiness DevelopmentInvestment BankingMergers & AcquisitionsSalesBanking

Other Skills

Payment SolutionsTeam ManagementMergers and AcquisitionsFinancial ServicesSales ManagementRetail BankingTeam TrainingNew Business DevelopmentE-commerceManagementPrivate EquityCreditInvestmentsBusiness StrategyFinancial Risk

About

Jitendra is founder of Jupiter (Amica Financial). He aims to create mobile first banking experience for Indian millennials. The idea is to create a savvy and cost effective banking and at the same time help youth manage their money better. Before, Jupiter, Jitendra has been founder of Lazypay and was MD of PayU India. Prior to PayU, he had founded Citrus Pay , a leading digital payments company in India. The same was sold to Naspers in Sept 2016 for USD 130 million in one of the most successful fintech exits. He has more than 16 years of work experience in banking and financial services industry and considered an expert in payments industry. Prior to Citrus, he was working with ICICI bank for 7 years, wherein he was part of founding team of Retail cross sell and Investment banking division in the bank. During his last stint with the bank, he led the whole initiative of stitching a joint venture between ICICI bank and First Data in Indian market. This was a unique JV ever done between a bank and an independent payments company. In 4 years, he had grown Citrus in to 300 member+ strong team and raised over USD 25 million. Citrus counts its investors base from Sequoia Capital and E-context Japan to Ascent Capital in Series C round. In 2016, Citrus was sold to Naspers in one of the largest fintech exits in India. He also created pay later brand Lazypay and scaled to more than 1 million active consumers using the brand on monthly basis. He has graduated from Sydenham College, Mumbai and a qualified Chartered Accountant.

Experience

Jupiter

Founder & CEO

Aug 2019 – Present · 6 yrs 8 mos · Mumbai Area, India

Payu

Managing Director

Sep 2016 – Jun 2019 · 2 yrs 9 mos · India

Citrus payment solutions pvt. ltd

Founder

Dec 2010 – Oct 2016 · 5 yrs 10 mos · Mumbai Area, India

Citrus Pay provides payment solutions to merchants and consumers. It endeavours to provide superior and seamless payment experience to consumers across various mobile apps and merchant websites. It includes 1 click check out for Credit cards, Debit cards, Netbanking and Citrus wallet.

Payment SolutionsTeam ManagementBusiness DevelopmentPayments

Icici bank

2 roles

Chief Manager, Investment banking

Promoted

Mar 2007 – Dec 2010 · 3 yrs 9 mos

Responsible for originating and executing M&A and fund raising transactions
Played key role in founding team in setting up Investment Banking group for ICICI
Established new relationships with mid and large companies and international investment banks
Built Financial Services sector expertise in the division
Key projects:
Executed carve out and sale of ICICI's Merchant Acquiring Business (Point of Sale)
Buy side advisory for a Cooling tower company for acquisition of US based company in Air Cooled Heat exchanger segment
Buy side advisory for a leading private equity firm for investment in a payment processing company
Origination of buy side mandate from a leading engineering company for acquisition of target in Germany
Private equity raising for a large media conglomerate for launch of General Entertainment channel

Mergers and AcquisitionsFinancial ServicesInvestment BankingMergers & Acquisitions

Regional Sales Manager

Jan 2004 – Feb 2007 · 3 yrs 1 mo

Responsible for sales of Retail Assets i.e. Mortgages Loan ,Personal Loans, Auto Loans and Credit cards, through Branches in Mumbai & Chennai region
Responsible for training and managing team of Retail Loan Managers and implementing processes at bank branches in coordination with product teams
Successfully set up new business vertical for Retail Cross Sell division in Chennai
Credit Manager, Mortgages, Ahmedabad January 2004-March 2005
Responsible for Credit & risk appraisal of Mortgages finance

Sales ManagementRetail BankingTeam TrainingSalesBanking