Manish Khera to be appointed as CEO - Airtel Money

New Delhi, 3rd August 2015: Bharti Airtel (“Airtel”), the 3rd largest mobile service provider globally, today said that Manish Khera, Co-founder & MD of YTS Solutions will be appointed as CEO of Airtel M Commerce Services Limited (AMSL), which offers Airtel’s flagship semi-closed wallet under the brand name ‘Airtel Money’. Once appointed, Manish will be a part of the Airtel Management Board and report to Gopal Vittal, MD & CEO of Bharti Airtel (India & South Asia).

Commenting on the appointment, Gopal Vittal said, “I am delighted to announce that Manish Khera will join AMSL as Chief Executive Officer. A trend-setter in the domain areas of financial inclusion, payments & banking, Manish combines the spirit of entrepreneurship with a passion for technology and commitment to serve millions. I am confident that his rich domain expertise will add immense value to our plans and help lead our mobile commerce and payments business to reach millions of underserved Indians."

Manish Khera said, “I was fortunate to go through the retail banking explosion in the early part of my career, and then to drive a host of financial inclusion initiatives in the country under the guidance of banking stalwarts. I am now excited at the opportunity of working with India’s largest telecom company and leading its vision of delivering a transformed m-Commerce experience for million across the country.”

Manish is a recipient of several honours, including “Young Global Leader-2011” by World Economic Forum, “Entrepreneur of the Year” by EY, and the “Forbes India Leadership Award – 2012” in the “Outstanding Start-up” category. Prior to founding YTS, Manish was MD & CEO of FINO Pay Tech Ltd, and earlier worked in ICICI Bank.

AMSL, the wholly owned subsidiary of Airtel also announced that it would integrate the payments and remittance businesses of YTS Solutions.

Airtel is India’s largest mobile operator with a customer base of over 230 million customers. It is also India’s largest rural mobile operator with over 100 million customers. The company’s network covers 4,30,000 towns and villages backed by 1.5 million distribution outlets. In 2011, AMSL had announced the launch of Airtel Money – India’s first prepaid mobile wallet by a telecom services provider. In January 2015, AMSL applied to Reserve Bank of India (RBI) for a Payments’ Bank License. Based out of Mumbai, YTS has been developing innovative financial products focused on mass market and micro-transactions. This acquisition will expand Airtel’s portfolio in the mobile commerce segment and bring in a host of new product capabilities targeted at migrants in urban cities and their families in rural towns and villages – thus strengthening Airtel’s long term commitment towards driving financial inclusion in India.

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Now shop till you drop on www.airtel.in with never before deals

New Delhi: As part of the 3-day Great Online Shopping Festival (GOSF) 2013, leading global telecommunications company Bharti Airtel has partnered Google India to offer never before exciting deals for customers while shopping on www.airtel.in. Joining the bandwagon of e-Commerce websites participating in the shopping festival as one of the three preferred partners, Bharti Airtel has introduced interesting value-for-money offers on its products & services like Airtel 3G, airtel money, digital TV, broadband and more.

Now customers shopping on Airtel website on 11^th, 12^th and 13^th of December, 2013 can enjoy exciting deals like 10% cash back on all online purchases made through airtel money; free mobile TV, free 4G dongle with Rs. 2999/- and Rs. 3999/- plans, 25% additional free data on 2G/3G recharges, free booster pack on myPlan etc.

Airtel offers on Great Online Shopping Festival on 11^th, 12^th& 13^th December 2013

Offers Description
airtel money cash back offer Get 10% cashback (upto Rs 500) on all online purchases made through airtel money

Incredible 4G dongle offer Get 4G dongle free with Rs 2999/- &Rs 3999/- plans and experience electrifying fast internet

Awesome 2G-3G recharge offer Get 25% extra on special online recharge. Enjoy additional data on superfast 3G and highspeed 2G internet for 30 days

The ultimate entertainment offer Get free mobile TV worth Rs. 150/- for 30 days and enjoy your daily dose of entertainment anytime, anywhere when you recharge your airtel prepaid mobile or pay the bill
for your airtel postpaid

Exciting broadband offer Get a WiFi modem free on purchase of a broadband plan of 4 mbps or above

Amazing myPlan offer Get a booster pack free with myPlan for 3 days

Digital TV recharge offer Get 10% cashback when you recharge your Airtel digital TV with more than Rs 500

Digital TV new connection offer Get 10% discount (uptoRs 400) on all online packs on buying a new digital TV connection

Mega movie offer Pay for 1 movie and get a weekly movie pass free

About Bharti Airtel Limited
Bharti Airtel Limited is a leading global telecommunications company with operations in 20 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 4 mobile
service providers globally in terms of subscribers. In India, the company's product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high speed DSL broadband, IPTV,
DTH, enterprise services including national & international long distance services to carriers. In the rest of the geographies, it offers 2G, 3G wireless services and mobile commerce. Bharti Airtel had over 281 million customers across its operations at the end of October 2013. To know more please visit, www.airtel.com

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Airtel Money Magic in Odisha

Bhubaneswar: Aitel Money, India's first of its kind mobile wallet service has been launched in Odisha after the first phase of launch in Delhi, NCR and Chennai in 2011. Now the airtel money will be available in the five cities in Odisha - Bhubaneswar, Berhampur, Cuttack, Jharsuguda and Rourkela. And around 54 outlets will be operated to support the mobile wallet service in Odisha.

On Monday, March 5, Mr. P D Sharma, CEO, Kolkata, West Bengal & Odisha Telecom Circles, Bharti Airtel demonstrated the airtel money at Hotel Hindustan International (A-112, Kharvel Nagar (Janpath), Unit - III, Bhubneswar - 751001, Odisha, India) in Bhubaneswar. The event was attended by media professionals.

Demonstrating the launch of airtel money, Mr Sharma has also shown a live example of ordering a coffee and also recharged a mobile of journalist present there. That

Now the people having airtel connection with their handsets can have the joy of mobile wallet in Odisha too. The features of having mobile wallet service like - Airtel Money would attract more and more people those are having habit of using plastic money.

Earlier, people were reluctant to use plastic money or payments made through using credit or debit cards. But now the scenario has been changed, people prefer to use plastic money, which is also going to dominate the velocity of currency in the country.

With the introduction of mobile wallet services like Airtel Money, those would be easy and secured way to carry money and for the you no need to got to any ATM to withdraw, instead you can pay the money directly to retailers.

No worries if you lost your mobile loaded with Airtel Money package, it is secure and your money will be safe as claimed in the event. There are two kids of airtel money wallet - Express Account and Power Account.

The daily spending limit for Express account is Rs.10,000 while Rs.50,000 for Power Account. According to the press release, Airtel has established merchant partnership with over 1800 brands in India.

Now mobile services would make your shopping very easy and smart. And using the mobile wallet like Airtel Money is the smartest way for shopping across India. Once you activated your airtel money on your mobile device do not forget to carry it with you for shopping, no matter if you have carried your wallet or not!

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Bharti Airtel launches Airtel Money

Bhubaneswar, 5 March 2012: Transferring money, paying utility bills, everyday shopping and buying movie tickets – all this and more is now possible the easier way! Bharti Airtel, through its wholly owned subsidiary Airtel M Commerce Services Limited (AMSL), today announced the pan India launch of Airtel Money – the country’s first of its kind mobile wallet service by a mobile operator. Now available across 300 key cities in India – airtel money is a fast, simple and secure service that allows its users to load cash on their mobile devices and spend it to pay utility bills and recharges, shop at 7000+ merchant outlets, transact online etc. Apart from serving as an easy alternative to cash / card payment options, airtel money is also the first mobile based service to offer customers in Odisha can now use airtel money to make payments and transfer money across the country – at anytime, anywhere.


The national availability of airtel money follows the success of service’s first phase of launch in Delhi NCR and Chennai in 2011. Commenting on the rollout, Mr. PD Sarma, CEO Kolkata, West Bengal & Odisha Telecom Circle, Bharti Airtel said, “Whether buying groceries, shopping in a mall or eating out with friends – more than 90% of India’s population relies on cash to pay for its daily needs. With changing times, this trend shifted towards the use of credit and debit cards – while money transfer continues to dependent upon the speed of remittance through methods like money orders and cheques. The national rollout of airtel money will fulfil a much required need in the marketplace for a mobile-based wallet service that provides customers with the ability to transact and transfer money at the press of a button. We are confident that our customers across Odisha will see great convenience in subscribing to airtel money – a simple and secure alternative to cash and card based transactions”.

In Odisha Airtel has already established partnerships with over 50 merchants, with numbers increasing by the day, which includes hotels, restaurants, apparels, departmental stores, electronic and mobile outlets, are now accepting payments via airtel money. What’s more customers using airtel money will be able to avail exclusive discounts and attractive offers at various merchant outlets in the market – and save money as they shop.

Airtel mobile customers can self register for airtel money Express Account by dialling 8400# from their mobile phones or sign up for the service by walking into any of the 15,000 plus airtel money outlets across the top 300 cities of India and submitting the required KYC documents.
For airtel money Power Accounts, Airtel has established merchant partnerships with over 1,800 brands across the country – this includes utility providers viz. BSES Rajdhani Power Ltd. Reliance Energy, Indraprastha Gas, Tata Power Company Ltd, Maharashtra State Electricity Board, telecom (BSNL/MTNL) and insurance (LIC, Aviva, ICICI, SBI), movie theatres (PVR, DT Cinemas, Fun Cinemas, Fame INOX), organized retailers (Megamart, Univercell, Apollo Pharmacy) as well as local chemists and grocery stores who will now accept payments via airtel money, thereby ushering a new era in the world of electronic payments.

Additionally, airtel money will work as a convenient payment alternative to debit and credit cards in days to come for online transactions on popular websites like Flipkart, Yatra, Letsbuy and even www.aitel.in. What’s more – customers using airtel money will be able to avail exclusive discounts and attractive offers at various merchant outlets in the market – and save money as they shop.

In 2010, AMSL was granted the license to use the Semi Closed Wallet by the Reserve Bank of India. The company has designed a secure and robust backend system to offer India’s first mobile wallet service.
To know more about airtel money, Airtel mobile customers can dial 121 from their mobile phones or simply visit www.airtelmoney.in. In addition to the website, non-Airtel mobile customers can dial 88-00-01-21-21 for more information.

About Bharti Airtel Limited:
Bharti Airtel Limited is a leading integrated telecommunication company with operations in 19 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 5 mobile service providers globally in terms of subscribers. In India, the company’s product offerings include 2G & 3G mobile services, fixed line, high speed broadband through DSL, IPTV, DTH, enterprise services including national & international long distance services to carries. In the rest of the geographies, it offers 2G & 3G mobile services. Bharti Airtel had over 244 million customers across its operations at the end of January 2012. To know more please visit, www.airtel.com.


For further information please contact:
Rashmi Ranjan Swain, Sutra Positive Relations, +919438295238

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