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Ongo Appoints Expert in Myanmar E-commerce, Sumit Jasoria to Lead Its Commercial Operations

YANGON, MYANMAR, 22 MAY 2018 – Ongo, a leader in the mobile financial services industry in Myanmar, today announce that they have appointed Sumit Jasoria as Chief Commercial Officer. As CCO, Jasoria will now lead Ongo’s Business Development, Marketing and Consumer Engagement strategies.

Prior to joining Ongo, Jasoria held senior roles with sector heavyweights including his recent position as the Regional Managing Director of Daraz e-Commerce (A venture of Rocket Internet in Asia which is now part of Alibaba Group). In addition, he was also the Managing Director of two of the largest Myanmar e-commerce ventures of Rocket Internet, namely shop.com.mm and kaymu.com.mm.

During his time at Daraz, Jasoria also held positions including Head of Marketing, Product Marketing Manager (Bharti Airtel) and Business Development Manager (Godrej Properties), building a considerable profile for himself in the fast-paced online finance and commerce market. Drawing from his vast experience in prominent e-commerce companies, he has established a proven track-record in successfully managing key organizational functions such as business development, marketing and branding, as an emerging markets expert. Jasoria, also holds an MBA in Marketing & Business Strategy from the University of Delhi and a B.E.(Hons.) in Computer Science from the University of Rajasthan.

“As evidenced by Myanmar’s speed in adoption of smartphone technology it is now a crucial but opportune time for digital payment solutions such as Ongo to capitalize. With my years of experience in this field, I am committed to leading Commercial Operations for Ongo to further accelerate growth and ensure that all of its consumer and business services offered contribute to the journey of a cashless society,” said Sumit Jasoria.

“We are very excited to have Sumit join our team, and we are looking forward to how his expertise contributes to Ongo’s success. Sumit’s proven leadership from working at the top e-commerce ventures in Myanmar and creating the biggest online shopping platform in the country, will be key in ensuring we achieve our ambitious aim of providing safe, fast and convenient digital payment services for consumers and businesses. Ongo will also be bringing additional senior talent to its management team over the coming months,” said Allen Gilstrap, CEO of Ongo.  

About Ongo
Ongo is the brand name for Ronoc Myanmar Limited which provides digital payment services in Myanmar with its licensing partner Myanmar Oriental Bank (MOB). Ongo App Users can use their smartphone to Cash-in (convert their cash into E-money) and Cash-out at hundreds of Cash Agent locations in Yangon and Mandalay. Ongo services include; mobile airtime top-up, P2P money transfer, B2B payments, bill payments, and online shopping payments. In addition, Ongo Users will receive rewards in their Ongo App from leading Myanmar retailers and online merchants.  Our goal is to promote financial inclusion in a safe, simple and convenient fashion. 

Facebook: ongoemoney

Website: ongo.com.mm

For more information, please contact:

Kaythari Khin

+95 996 810 5225

kaythari@echomyanmar.com