Girish Rangan, former executive director and chief executive officer of BPL Mobile, is set to join Venture Infotek as its managing director.
Venture Infotek is India's only consumer payment processing company offering end-to-end card payment processing solutions for both issuing and acquiring banks. It provides complete credit card processing services to 11 out of 14 banks providing credit cards in the country.
Venture Infotek has a presence in 20,000 merchant counter shops in 187 towns and cities, and has gateways to Visa, MasterCard and Amex.
With the entry of Rangan, Anil Sinha, the present managing director of Venture Infotek will move into an active strategic role as a founder.
Major investors in Venture Infotek include Global Internet Ventures, Walden International Investment Group, Warburg Pincus Equity Partners, Visa International and IBM.
