March 23, 2017 4:20 AM ET

IT Services

Company Overview of Oxigen Services (India) Pvt. Ltd.

Company Overview

Oxigen Services (India) Pvt. Ltd. provides payments solutions. The company offers service aggregation and distribution by using mobile, point-of-sale, and Web for online payment processing and money transfer services. It provides prepaid, postpaid, and subscription based services, such as mobile money transfer, recharges, bill payments, ticketing, and subscriptions for various service providers across various industries, such as telecom, direct to home TV, Internet broadband, travel (railways/airlines/bus), cinema/movie tickets, utility bill payments, gaming, music and movie downloads, and more. The company was incorporated in 2003 and is based in Gurgaon, India.

Building no 94

Institutional Area

Sector 32

Gurgaon,  122001

India

Founded in 2003

Phone:

91 12 4716 1100

Fax:

91 12 4436 2151

Key Executives for Oxigen Services (India) Pvt. Ltd.

Founder, Chairman and Managing Director
Age: 51
Joint Managing Director and Director
Vice Chairman and Joint Managing Director
Deputy Chief Financial Officer and Finance Controller
Chief Operating Officer
Age: 44
Compensation as of Fiscal Year 2016.

Oxigen Services (India) Pvt. Ltd. Key Developments

Oxigen Services Seeks Strategic Investor For Its Online Business

Oxigen Services (India) Pvt. Ltd. will soon bring in a foreign strategic investor for its online business, according to Pramod Saxena, Chairman & Managing Director. The formal arrangement, which could lead to the foreign investor bringing in investments of about $50 million, will be sealed in the next three-four weeks, Saxena told Business Line. “This should help scale up our online business. When we bring a strategic investor, we are going to dilute. We are not going to give up control of our online business", Saxena added. For scaling up its online business, Oxigen Services is planning to invest about $50-$60 million over the next two years, he said.

Oxigen Services Appoints Saleem Mobhani as Chief Operating Officer

Oxigen Services announced that it has appointed Saleem Mobhani as its Chief Operating Officer. Mobhani will oversee daily operations at the company. He will also be responsible for strengthening the market position of Oxigen Wallet. Mobhani has about 20 years of experience in industries including Media, Entertainment, and Telecom. Prior to Oxigen, he held the role of VP, Global Partnerships at Saudi Telecom. He has also held various executive and advisory roles at Vserv as VP; Digital, Media and Entertainment at du; Senior VP and Head of mEntertainemnt at Bharti Airtel; VP and COO at Hungama Mobile; and Director at indiaFM.

Big Bazaar Direct Announces Partnership with Oxigen Services

Big Bazaar Direct has announced its partnership with Oxigen Services Pvt. Ltd. This association empowers Oxigen's retailers to sell the wide assortment of Big Bazaar Direct through its network to its end customers. This partnership is aimed at offering convenience to the end consumers by making its large product offering easily accessible at great prices within their vicinity, at their neighborhood store.

Similar Private Companies By Industry

Company Name Region
84IDEAS Webtech India Private Limited Asia
A-Team Edutech Ltd. Asia
Aakit Technologies Pvt. Ltd. Asia
Aanjaay Software Limited Asia
Accel Limited Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Oxigen Services (India) Pvt. Ltd., please visit www.myoxigen.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.