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Plenary Session 2: Remittances: Capturing the Opportunity
A qualified Chartered Accountant, Paresh set up his firm in 1991
and later became an Advisor for Online Lotteries to several State
Governments. Paresh’s first founding venture was Forbes
Infotainment Ltd. and launched “DhanDhanaDhan” Online
lottery, a brand that achieved Rs.30 mn turnover in its inaugural
years. The company was later acquired by SP Group.
Paresh Rajde
Founder MD & CEO
Paresh founded Suvidhaa and got angel investment from Mr
Shapoorji Pallonji Mistry and secured Funding from Norwest
Venture Partners (USA), & Reliance Ventures (ADAG Group), IFC
(World Bank Group) & Mitsui & Co., Ltd. Suvidhaa today is the
fastest growing S-Commerce® (Service Commerce) Company in
India with 47000+ Retail Touch Points in over 2000 Cities/Towns
across 28 States, offering the largest & widest B2C Services
across 20 Industry categories to over 8 mn Customers.
Suvidhaa was ranked by Red Herring Inc., amongst Asia’s Top
100 Start-ups (2009) & nominated for Global 200 Start-ups

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