How iServeU Is Powering Digital Payments in India ft Debiprasad & Sanjib | #EP25

📌 In This Episode: Meet Debiprasad Sarangi, CEO & Co-Founder, and Sanjib Parida, CTO & Co-Founder of iServeU — an Odisha-born fintech company building critical digital payment and banking infrastructure for India. In this episode, Debiprasad and Sanjib share their journeys into fintech, the gaps they observed in India’s banking and payments ecosystem, and how those insights led to the founding of iServeU. From early experiments like biometric payments to navigating funding challenges in 2017, this conversation offers a ground-level view of building fintech infrastructure in India. Debiprasad also reflects on his entrepreneurial roots, influenced by his father’s multiple small businesses, while Sanjib shares his transition from engineering and working in the US to co-founding tech ventures before iServeU. Together, they discuss growth, resilience, and what lies ahead — including IPO readiness and the future of payments beyond cards and UPI. In this episode, you’ll hear how they: ✅ Identified gaps in India’s banking and payment systems ✅ Built iServeU’s first products, including biometric payments ✅ Navigated funding challenges during the early fintech years ✅ Scaled operations over 6–7 years in a fast-changing ecosystem ✅ Prepared the company for a future IPO ✅ Envisioned new payment methods beyond cards and UPI They also share: 💳 Why UPI is free and how payment economics work 🚀 Lessons from scaling fintech infrastructure in India 📉 The real challenges faced while building a payments company 🍽️ A light food break featuring Odisha’s Rasabali 🏙️ How fintech and capital inflow can shape Bhubaneswar’s growth 🎬 Chapters (Refined) 00:00 – Introduction 02:20 – Debiprasad’s Journey & Entrepreneurial Roots 04:45 – The Gap in India’s Banking System 05:38 – Sanjib’s Journey: From Bhubaneswar to Global Tech 08:30 – Why UPI Is Free in India 09:45 – iServeU’s First Product: Biometric Payments 14:58 – Funding Challenges in 2017 20:00 – The Growth Phase of iServeU 25:16 – Key Challenges Over 6–7 Years 29:15 – Food Break: Rasabali 32:43 – Preparing for an IPO 40:00 – Future of Payments Beyond Cards & UPI 49:29 – Is Communication Overrated in a Company? 57:26 – Capital Flow & Bhubaneswar’s Financial Growth 🎧 Listen & Learn: Subscribe for more episodes featuring entrepreneurs and leaders building India’s business, fintech, and technology ecosystem from the ground up. 💬 Let’s Connect: What stood out to you in this episode? Share your thoughts in the comments and don’t forget to like, share, and subscribe. 🔗 Follow Me: 📌 Instagram: @PankajMotwaniOfficial 📩 For inquiries: [email protected] 📢 About Pankaj Motwani: I’m Pankaj Motwani, entrepreneur and Managing Director of Motwani Constructions. With 25+ years of experience, we are committed to redefining luxury housing with affordability and trust. Through this podcast, I bring forward stories of resilience, innovation, and visionary leadership from Odisha to the world. 🎥 Podcast Production: @JustVishCreativeStudios 🔖 #PankajMotwaniPodcast #iServeU #DebiprasadSarangi #SanjibParida #FintechIndia #DigitalPayments #UPI #IndianStartups #OdishaEntrepreneurs #BhubaneswarGrowth