Brands
Babil Khan unveils Philipp Plein watches exclusive collection
Mumbai: Just Watches by Timex group, a one stop luxury watch destination recently saw the launch of the international watch brand Philipp Plein by noted actor Babil Khan. The launch of the new store at the prestigious Phoenix Mall of Asia Bangalore is a strategic step by Just watches to deepen its foothold in the retail space. The grand opening of this one stop luxury watches store was done by the young actor Babil Khan who unveiled the Philipp Plein exclusive range at the store. Just watches, the trusted home for luxury watches is known for showcasing its commitment to offering a curated selection of luxury and fashion watches to its esteemed customers across markets.
Spanning an expansive 569 sq ft, the new Just Watches store will be a destination for luxury watch enthusiasts. Along with Philipp Plein, a brand known for its bold, and extravagant designs that exude maximalist luxury, the store will also feature an impressive portfolio of renowned watch brands such as Versace, Guess, Gc, Plein Sport and Daniel Wellington, catering to a diverse range of tastes and preferences.
Expressing his enthusiasm Timex Group India MD Deepak Chhabra said, ” This launch of Phillipp Plein at one of the prime retail destinations of Bangalore is a great opportunity to give consumers an experience of luxury! Just Watches store in Bangalore offers an array of international brands and now houses the range of Phillipp Plein watches that boast of intricate details and edgy designs, creating a distinctive appeal. We look forward to maximizing our consumer base in the city and elevating the consumer shopping experience with the new addition of craftsmanship and design.”
“I am thrilled to launch the newest collection of Philipp Plein watches at Just Watches store in Bangalore”, said actor Babil Khan. “These watches are not just timepieces; they are a statement of style & luxury. I am excited about the Philipp Plein collection, which exudes luxury with its bold and edgy designs. I am sure the store will be a fantastic destination for all watch lovers.”
The opening of this new outlet is a significant milestone in the journey of Timex Group India Limited with a mission to become India’s ultimate destination for premium timepieces. Each new store strengthens their commitment to offering accessible and diverse watch options.
Brands
Rakesh Menon joins Paytm as avp – lending
Fintech product leader takes on new role after building digital lending, payments and credit products across fintech ecosystem
MUMBAI: Rakesh Menon has joined Paytm as assistant vice president – lending, taking on a new role focused on strengthening the company’s lending and credit products.
Prior to this, Menon worked at Profectus Capital Pvt Ltd as chief manager – payments based financing and digital lending.
At Profectus, he designed and launched digital credit products for merchants with variable cash flows, including overdraft-linked and revenue-share lending models. He led end-to-end LOS–LMS API integrations with payment partners and aggregators, enabling real-time underwriting, disbursal and repayment workflows.
He also worked on funnel optimisation initiatives using journey analytics, improving onboarding, KYC and disbursal conversion by 35 per cent. He developed ecosystem partnerships for transaction-data-based credit assessment and automated settlement systems, and collaborated with credit and data science teams to strengthen risk models and early delinquency detection.
Menon standardised partner onboarding and API frameworks, reducing go-live timelines by 40 per cent and improving digital scalability.
Before Profectus Capital, he worked at PayU as senior manager – presales lead – enterprise business from August 2022 to August 2023. He set up a national presales function for fintech and digital commerce clients, aligning solutions such as EMI, BNPL, BBPS and offer engines to merchant requirements.
He also helped improve conversion rates by around 15 per cent through merchant persona mapping, demo frameworks and structured sales playbooks, working closely with product and go-to-market teams.
From April 2019 to July 2022, Menon served as business unit head – SMB – direct acquisitions at Worldline, where he built the SMB online payments vertical from scratch. The business scaled to Rs 2,500 crore in annual transaction volume, growing at 45 per cent year-on-year.
During this period, he introduced paperless onboarding processes including eKYC and eSign, developed partner dashboards and CRM automation systems, and integrated platforms such as Shopify, WooCommerce and Tally to expand merchant adoption.
Across roles, Menon has worked across digital lending, payments and merchant financing, with experience in product development, ecosystem partnerships, API integrations and fintech-led growth strategies.
At Paytm, he will focus on scaling lending products and strengthening digital credit infrastructure within the company’s financial services ecosystem.
His appointment comes as fintech firms continue to expand their lending and embedded finance offerings in a competitive market.
