MUMBAI: Mobile payments company Citrus Pay has acquired Zwitch for an undisclosed amount.
Anish Achuthan and Mabel Chacko, the founders of payments start-up Zwitch, have joined Citrus along with all the core members of the Zwitch team. Zwitch Payments is a developer payment platform that launched .JS and native SDKs for the first time in the Indian market.
“We are excited to have this team on board. They have done some extraordinary work with their start-ups. We at Citrus Pay will provide them with an environment that aids creation of innovative products that will further change the Indian payments landscape,” Amrish Rau, Managing Director, Citrus Pay said.
Rau further added that Citrus supports adventurous entrepreneurs and absorbing this talented team was another step in the company’s direction. Joining Citrus as employees, Achuthan and Chacko will gain access to the already established team of industry experts at the fast-growing company, along with a wide range of resources.
"Citrus has the best developer payment platform available in the market for developers & start-ups and this led me to Citrus,” Achuthan said.
"I have been following Citrus for a while and the phenomenal growth Citrus has shown along with the innovative products it offers drew me to the organization,” Chacko said.