Airtel appoints Manish Khera as CEO for m-commerce

Bharti Airtel is to appoint Manish Khera as CEO of Airtel m-commerce services, following its acquisition of Indian payments provider YTS Solutions.

Airtel will integrate the payments and remittance business of YTS Solutions, said the company, without disclosing the size of the acquisition. YTS Solutions has provided micro banking services aimed at the country’s mass market. 

Upon his appointment as CEO of the unit, Khera will join the Airtel management board and report to Gopal Vittal, managing director and CEO of Bharti Airtel (India & South Asia). 

"A trend-setter in the domain areas of financial inclusion, payments & banking, Manish combines the spirit of entrepreneurship with a passion for technology and commitment to serve millions," said Vittal.

Airtel money service was launched in 2011 and is said to be the first mobile-based, prepaid payment service in India.