One MobiKwik Systems Ltd. (MobiKwik) has elevated Dhruv Wadhera as Chief Business Officer (CBO) – Offline Merchant Payments and announced the promotion of two senior executives as part of a leadership restructuring aimed at strengthening execution, governance and business growth.
The company said the appointments follow a strong FY26 and are intended to support the expansion of its merchant businesses, enhance governance capabilities and drive the next phase of growth.
Dhruv Wadhera, who has led MobiKwik’s offline merchant payments business since 2023, will oversee the company’s offline merchant expansion strategy across organised retail, oil and gas, general trade and payment devices. According to the company, he will also focus on merchant acquiring products, operational efficiency, merchant retention and improving device economics as MobiKwik works towards its target of achieving break-even in the devices business by FY28. Wadhera previously held leadership roles at Zomato.
The company also promoted Abhishek Mukherji to Senior Vice President – Bharat Connect (Recharges & Bill Payments) and Online Merchant Payments. In his expanded role, Mukherji will additionally lead Zaakpay, MobiKwik’s payment gateway business, with responsibility for scaling the online merchant payments business. Before joining MobiKwik, he held leadership positions at PayU and Airtel Payments Bank.
Saurabh Taneja has been elevated to Senior Vice President, Governance, and will oversee regulatory compliance, company secretarial and legal affairs. The company said he will focus on strengthening governance processes, compliance frameworks and risk management to support long-term growth. Taneja has previously worked with Headout, Zomato and MakeMyTrip.
Commenting on the appointments, Bipin Preet Singh, Co-founder, Managing Director and Chief Executive Officer of MobiKwik, said the leadership changes reflect the company’s focus on expanding its merchant ecosystem, strengthening institutional capabilities and building new growth engines while promoting leadership from within.
The company added that the promotions complement organisational initiatives undertaken over the past year, including the appointment of a Chief Risk Officer, a dedicated Head of Governance and a board comprising 63% independent directors.