The former managing director of Foodpanda Mr. Rohit Chadda, who runs the offline payment platform Paylo.in has acquired the restaurant payment app Ruplee. The amount of acquisition has yet not been disclosed. According to Natasha Jain, the foudner of Ruplee, this partnership with Paylo will be a great move ahead for Ruplee. The experience of Rohit spearheading Paylo will help the former to rapidly increase the position as a market
Rohit Chadda, founder of Paylo.in said, “With both Ministry of Finance and Reserve Bank of India recently announcing guidelines to push digital payments and card acceptance infrastructure, the real opportunity for us is now to build on and scale further Ruplee’s current outreach.”
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