March 6th 2018, Mumbai: Payoneer, a leading cross-border payments company transforming the way businesses in India get paid globally, announced today that Saurabh Nanda of Nanda Overseas from Delhi has been named as their Entrepreneur of the Year. Into its second year, the Payoneer Entrepreneurship Awards recognize business owners from around the world for displaying strategic thinking, innovative spirit and social responsibility.
The competition drew thousands of entries from 128 countries, with hundreds from India. The entries included participants from various business categories such as apparel, handicrafts, web designers and developers who own a business or are solo entrepreneurs. The winners were:
Entrepreneur of the Year – Saurabh Nanda, Nanda Overseas, India
eCommerce Seller of the Year – Shaoling Luo, Shenzhen ZongChuang Technology Limited, China
Freelancer of the Year – Katia Myroniuk, SearchEva, Ukraine & María Clara Cattaneo Esnaola, Argentina
Affiliate of the Year – Tan Tai Nguyen, 10m Team, Vietnam
Innovator of the Year – Carlo Silva, 2nd Office Inc., Philippines
The judges recognized Saurabh Nanda’s interesting journey, pointing to his dedication to achieving his dream of expanding a family business in the global market. Saurabh’s story is a fine example of the Indian entrepreneurial spirit and aspiration to succeed beyond India’s borders.
Saurabh, 20, who manages Nanda Overseas, currently studies at Delhi University while running a full time online business selling books. “With the surge in global internet access and explosive growth of e-commerce, I recognized the need to take my father’s book distribution business online. There were initial struggles but having learned the core of the books business from my father, I was determined to expand our business into global markets. Today, we succeeded in a way that my father could never have imagined. My father is very happy that I have grown what he started and I feel very satisfied that I made my family proud,” said Saurabh Nanda.
Commenting on this year’s Entrepreneurship Awards, Country Manager of Payoneer, India, Rohit Kulkarni said, “Over the last two years, we have seen the participation of many new and innovative businesses. What stood out this year were the stories behind each entrepreneur and how they started their business. Seeing hundreds of Indian entrepreneurs submit interesting business stories has highlighted that the future of India is being shaped by the hands of young people.”
“As a company, we have always shown keen interest in exploring the small-scale business owners, freelancers, and young entrepreneurs in India. Talent in our country is extraordinary, especially when we go to explore Tier 2 and Tier 3 cities. Great opportunities lie for the smart talent on a larger platform, and we feel great pride in sharing many such stories of our customers who have done exceptionally well in the global market. This award is an attempt to offer our small token of appreciation to the creative, hard-working, and extremely talented entrepreneurs in order to encourage them in the journey ahead.”
In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Airbnb, Amazon, Getty Images, Google, and Upwork rely on Payoneer’s mass payouts services.
With Payoneer’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000’s Financial Services companies. For more information, visit us at www.payoneer.com or follow us on Twitter and Facebook.