New Delhi (India), July 6: In a recent interview, Mr. Prashanta Patra, a former defence personnel, discussed his remarkable journey of success in the Fin-Tech industry, where his primary focus was to generate massive employment for the ex-defence personnel and the deprived needy women. With massive success as a businessperson and revolutionary steps creating employment opportunities for a special category of individuals, we talked to him to get a deeper insight into his past steps, challenges and future plans. The conversation primarily focused on his Fin-Tech ventures, BundlePe and QuickFinz, as well as his non-profit organization, Veer Gaurav.
Mr. Patra explained that BundlePe is a B2C platform specializing in recharge and bill payments that has gained significant popularity, with over 300,000 registered users and millions of transactions every day. The platform’s commitment to customer satisfaction and offering guaranteed cashback remained the key to its success. Notably, BundlePe differentiates itself from other top brands by onboarding customers through AADHAR verification, minimizing cyber fraud risks. Unlike competitors who have recently started charging platform fees, BundlePe remains committed to providing cost-effective solutions.
When asked about the motivation behind starting BundlePe, Mr. Patra highlighted his desire to make a positive impact on people’s lives. Recognizing the need for a convenient and rewarding recharge and bill payment platform, he aimed to create a solution that not only fulfilled customer needs but also provided financial benefits through cashback rewards.
Moving on to QuickFinz, Mr. Patra’s second venture, he emphasized its distinct focus on offering loans and providing utility services to end-users through DSA (Direct Selling Agents) and BC (Banking Correspondence) points. QuickFinz aims to generate substantial employment opportunities for Indian youths, enabling them to start businesses with minimal investment and earn a handsome income by starting their own DSA and BC point regardless of their qualification, experience and location. While BundlePe caters to individual customers, QuickFinz assists businesses by offering support, resources, and access to capital, fostering growth.
Discussing his non-profit organization, Veer Gaurav, Mr. Patra spoke passionately about his efforts to empower financially unstable individuals, particularly war widows, socially disadvantaged women, unmarried adult women, transgender individuals, and specially-abled women. Veer Gaurav provides exclusive financial support and mentorship, helping these individuals establish their own businesses and achieve financial stability. Mr. Patra, the founder of Veer Gaurav, expressed his deep-rooted commitment to giving back to those who have served the nation and supporting vulnerable sections of society.
When asked about success stories from Veer Gaurav, Mr. Patra cited numerous examples, sharing the inspiring story of Ms. Rekha Sharma, a war widow from Bihar. Through financial support and mentorship, Ms. Sharma was able to start her own DSA Point, becoming a successful business owner in her area. Such achievements fuel Mr. Patra’s dedication to expanding Veer Gaurav and creating more success stories for marginalized individuals.
Mr. Patra’s inspiring journey, coupled with his impactful ventures and philanthropic work, serves as a testament to his commitment to improving the lives of others. As he continues on his path of success, he remains dedicated to making a positive difference in society.
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