What is the impact of mobile commerce? That question is the reason I asked Pankaj Gulati to come on to UNTETHER.tv and talk about what his company, MoreMagic, is doing and how it is having a material impact on people around the world.
In developed nations we tend to see mobile commerce as a way to facilitate a transaction but it is the unbanked – the developing nations – that are truly leading the cash-less mobile transaction/banking charge. Listening to Pankaj describe the micro and macro economic changes happening as a result of what they are doing is inspirational and shows the absolute power that mobile can have in raising economies – let alone businesses – from the most unlikely of sources.
If you are at all interested in understanding the massive opportunity that will come as a result of mobile banking and commerce then this is the episode for you. By then end, you get the genuine feeling that Pankaj and his team are building this company to eliminate poverty and they are doing it by enabling commerce through a mobile.
Listen to the audio version now: [audio:http://blip.tv/file/get/Untether-MoreMagic163.mp3]
About Pankaj Gulati
Prior to becoming the CEO and Chairman, Pankaj was the VP of Operations at MoreMagic where he was responsible for Product Management, Pre-sales, Customer Support, and Contracts. Previously, Pankaj was the Director of Wireless Intelligent Network Applications at Lucent Technologies, where he was a part of the management team that grew the business to $150M with over 50 customers worldwide in 3 years. With Lucent, Pankaj deployed Network Care and Customer Care solutions for Sprint PCS, AT&T, Alltel, US Cellular, Cingular, Telefonica, and Telecom Italia. Pankaj holds a Masters degree in Computer Science from the University of Missouri and has completed the Executive Management Program at the Harvard Business School. Pankaj is a frequent speaker at the Babson College Executive Education Program.
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