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Sourabh Jain, founder and chief executive officer of ngpay
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ngpay: 1st Indian firm to win WEF tech award

February 26, 2009

It's one of those days! You have to do some urgent shopping, buy tickets, pay some bills, go to the bank and order food for guests who will be at your place in the evening and you have no access to a computer. So, none of it can be taken care of online.

Don't panic, ngpay, 'India's largest mall on mobile', is here to help you.

ngpay is really very easy to use. All you need to do is download a free application on your mobile phone and you will be immediately able to access end-to-end mCommerce services from over 80 businesses across 10 sectors.

Since ngpay is only 64kb, it can be downloaded on phones costing as low as Rs 2,000.

ngpay works on GPRS which is reliable, cheaper, and more secure compared to transactions through SMS.

All mobile operators provide 'pay-per-use' plans, and users just need to ask them to activate the service and won't even have to pay any unnecessary fee.

Since its inception in 2004, ngpay has travelled a long way and the New Year began on a high note when it received the prestigious Technoloy Pioneer 2009 award from the World Economic Forum.

"ngpay is the only Indian, and the third Asian, company to have been awarded this prestigious award," said Sourabh Jain, founder and chief executive officer of JiGrahak in an e-mail interview with Associate Managing Editor Nandita Mallik.

"It is India's first viable alternative to the PC-based Internet for the average Indian to engage in e-commerce activities," added Jain.

Read on to find out more about the brain behind the concept, the company and the services it offers, in Jain's own words.

Image: Sourabh Jain, founder and chief executive officer of ngpay.

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