Bio
Jitendra Gupta is a Founder of Plaksha University. Jitendra is founder of Amica Financial (Jupiter). He aims to create a mobile-first banking experience for Indian millennials. The idea is to create a savvy and cost-effective banking experience and at the same time help youth manage their money better. Before Jupiter, Jitendra founded LazyPay and was MD of PayU India. Prior to PayU, he had founded Citrus Pay, a leading digital payments company in India. The same was sold to Naspers in Sep 2016 for USD 130 million in one of the most successful fintech exits. He has more than 16 years of work experience in the banking and financial services industry and is considered an expert in the payments industry. Prior to Citrus, he was working with ICICI Bank for 7 years, wherein he was part of the founding team of retail cross-sell and investment banking division in the bank. During his last stint with the bank, he led the whole initiative of stitching a joint venture between ICICI Bank and First Data in the Indian market. This was a unique JV ever done between a bank and an independent payments company.
In 4 years, he had grown Citrus into a 300-member+ strong team and raised over USD 25 million. Citrus counts its investor base from Sequoia Capital and E-context Japan to Ascent Capital in Series C round. In 2016, Citrus was sold to Naspers in one of the largest fintech exits in India. He has graduated from Sydenham College, Mumbai and is a qualified Chartered Accountant. He also created the pay later brand LazyPay and scaled it to more than 1 million active consumers using the brand on a monthly basis.