Deepak Abbot
Deepak Abbot | |
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Born | India |
Nationality | Indian |
Occupation | Entrepreneur, Fintech Strategist |
Known for | Co-founder of Indiagold SVP at Paytm (Former) |
Deepak Abbot is a renowned Indian fintech entrepreneur, digital growth strategist, and product leader, best known as the co-founder of Indiagold. With over two decades of experience in technology, data analytics, and mobile-first innovation, he has played a pivotal role in transforming India's digital payments and fintech ecosystems. His previous role as Senior Vice President of Growth and Product at Paytm marked one of the most defining phases in India’s fintech evolution.[1]
Early Career and Background
Deepak Abbot began his professional journey in the mobile and digital marketing domain, where he contributed to large platforms such as:
- Times Internet
- Reliance Entertainment
In these roles, he honed his expertise in product growth, user engagement, and analytics-driven strategies. This foundation set the stage for his leadership in scaling digital platforms across sectors.[2]
Paytm and the Digital Payments Revolution
In 2013, Abbot joined Paytm as Senior Vice President of Growth and Product, during its early growth phase. His impact at Paytm was transformative, contributing to:
- Scaling the platform to over 300 million users
- Driving product innovation including UPI integration, wallet upgrades, and instant payment features
- Enhancing consumer experience through data-driven personalization and loyalty initiatives
His leadership helped position Paytm as one of India's largest and most trusted fintech brands.[3]
Co-founding Indiagold
Following his successful stint at Paytm, Deepak Abbot co-founded Indiagold, a technology-driven platform offering gold-backed financial services.
Indiagold Offerings
- Gold-Backed Loans – Instant loans using gold as collateral with doorstep services.
- Digital Gold Investment – Safe, secure, and transparent digital gold purchase and storage.
- AI-Powered Valuation and Risk Models – Automated assessment for faster approvals.
- Integrated App Experience – Seamless borrowing, saving, and investing in gold.
Indiagold is redefining how Indians manage their traditional wealth by combining physical gold security with digital convenience.[4]
Challenges and Strategic Vision
Deepak Abbot’s journey in fintech has involved addressing critical challenges:
- Building consumer trust for digital gold lending
- Compliance with RBI regulations
- Ensuring secure and scalable infrastructure
Through robust tech architecture and customer-first solutions, Indiagold has emerged as a leader in gold-based fintech products.
Future Roadmap
Deepak Abbot envisions Indiagold becoming India’s most reliable platform for:
- Digital gold lending and investing
- Partnerships with NBFCs and banks
- Blockchain integration for transparency and traceability
- AI-powered underwriting for inclusive financial access
His mission is to bridge traditional Indian assets with next-generation digital financial services.[5]
Legacy and Impact
Deepak Abbot is widely regarded as one of the leading minds in product-led growth and digital fintech strategy. His contributions have helped shape:
- India’s app-first fintech culture
- The evolution of wallet and UPI-based payments
- The emergence of digital gold as a mainstream financial asset
He continues to mentor startups, invest in new-age digital ventures, and inspire innovation across India's fintech landscape.
Conclusion
Deepak Abbot exemplifies visionary leadership in the intersection of finance and technology. From helping build Paytm’s digital empire to founding Indiagold, he has consistently demonstrated how data, design, and product innovation can solve deep-rooted financial challenges. As he drives Indiagold’s growth, Abbot remains a central figure in India’s fintech transformation.
References
- ↑ https://www.forbesindia.com/article/leadership/meet-indiagold-the-zepto-of-gold-loans/94563/1
- ↑ https://www.thehindubusinessline.com/money-and-banking/indiagold-to-apply-for-nbfc-license-in-fy25-co-founder-says/article68918067.ece
- ↑ https://www.hindustantimes.com/trending/gurgaon-founder-was-stopped-for-us-visa-interview-over-ultrahuman-ring-his-solution-comes-with-a-twist-101712133061249.html
- ↑ https://yourstory.com/2020/10/ys-learn-deepak-abbot-indiagold-paytm-product-thinking-startups
- ↑ https://entrackr.com/2019/09/exclusive-paytms-svp-deepak-abbot-quits/