Last week at the serene DLF Golf Resort, Ishani Chanana Talwar and I reconnected with my dear founder friend, Rohit Mahajan, one of the two passionate co-founders of Plutos ONE, a venture we were fortunate to back early in its journey.
It was a warm, relaxed lunch, the kind that blends old bonds with new energy.
Rohit and Rajjat Gulati, the two co-founders of Plutos ONE, bring very different yet beautifully complementary experiences to the table.
Rohit, an alumnus of MICA | The School of Ideas, a techpreneur with over two decades of cross-industry experience across media, marketing, finance, and technology, is now the strategic force behind Plutos ONE, India’s largest merchant aggregator, serving 40+ top banks and fintech players.
Rajjat, an Indian Institute of Management Ahmedabad alumnus, brings a rare blend of business acumen and human insight, shaped not just by his previous ventures in cafés and IoT, but by five years of teaching mathematics. That phase, he shared, helped him build empathy and sharpen his analytical lens.
Both share a common belief that Plutos ONE can be a meaningful catalyst in improving the lives of millions of Indians.
During our conversation, Rohit proudly shared their recent milestones:
- In 2024, Plutos ONE became India’s first NPCI-certified Technical Service Provider (TSP) for the Bharat Bill Payment System (BBPS), successfully powering both BOU (Bill Operating Unit) and COU (Customer Operating Unit) operations.
- Through its powerful BBPS to Bharat Connect infrastructure, Plutos ONE is enabling:
a. IBMB – Interoperability for Internet and Mobile Banking terminals
b. Bharat Connect B2B – Seamless business invoicing and collections
c. FX-Retail – NPCI-certified foreign exchange payments under BBPS - With 10+ banks already onboarded and two new ones joining every month, Plutos ONE is not just growing fast, it is scaling Bharat’s payment backbone with purpose and precision.
As Ishani and I listened to this wonderful journey of creation, I felt deep pride, not just as an early investor, but as a Dil Se Dost in their mission.
I also took a moment to present my book Dil Se Dost to Rohit, a gesture of gratitude, faith, and shared purpose.
Wishing Team Plutos ONE the very best in their journey ahead to impact millions of lives.
Bharat is connecting, and Plutos ONE is enabling it.
