MobiOcean Technologies Private Limited is a leader in the mobility and payment solutions industry. Located in New Delhi, India, the company offers POS devices and integrated mobility solutions for businesses in multiple sectors.
MobiOcean Technologies operates with the commitment to change the landscape of mobility and payments solutions by providing secure, effective and innovative solutions that revolutionises mobility and payments solutions for businesses of all shapes and sizes. From small retailers to large enterprises, they are committed to changing the solutions they offer.
MobiOcean Technologies is committed to providing businesses with top of the line POS systems integrated with payment solutions that allow for improved operational efficiencies and enhanced customer experience with a first to market integrated set of solutions to support business onsite, remote or mobile based activities.
Company Overview
Founded in 2015, MobiOcean is a fully-established end-to-end technology solutions provider, delivering dynamic and commercial mobility and payment solutions for retail, corporate, and government entities. In the lead up to the official launch of MobiOcean’s they witnessed trends in the evolution of cash and non-cash transaction systems.
MobiOcean sees a future where digital transactions are seamless, secure, and universal and they want to be a world leader in mobility solutions, connecting technology with business needs. To do this they are constantly innovating and being at the forefront of technology trends in order to drive seamless digital transformation across industries and government sectors, and assisting the Digital India initiative and beyond.
Core Offerings
MobiOcean’s product portfolio comprises:
1. Smart EFT POS
The Smart EFT POS is an advanced tool featuring a 5.5-inch Android terminal. The Smart EFT POS complies with EMV and PCI so that your payment transactions are secure and reliable. The terminal contains biometric capabilities, a built-in barcode scanner, and built-in receipt printer. The Smart EFT POS accepts multiple types of payments, including contactless, credit/debit cards, and mobile wallets. Because of its versatility, the Smart EFT POS can be used in various sectors, including retail, hospitality, and logistics, and allows businesses to process transactions while providing ease of customers, saving them precious time and convenience.
2. PIN PAD
While the PIN PAD is small, it is highly effective as a seamless payment option as a standalone, wireless terminal or integrated with a tablet, smartphone, or mobile device. Payment Types Accepted include cash, credit/debit cards, and mobile wallets used to take transactions on the go, wherever businesses are. Whether you are a small business or a mobile vendor, delivery business, the PIN PAD provides a lightweight, portable solution that can withstand use in a mobile environment. The PIN PAD is designed with strong wireless connectivity and a simplified interface that can provide the option for a seamless payment experience in remote environmental conditions that require continuous movement.
3. MO-T3 Access Control Device
The MO-T3 is a biometric attendance and electronic Know Your Customer Device intended to be used in government and private sector industries. This device will allow your organization to automate workflows like employee attendance, customer due diligence, etc., offering assurance for compliance. The MO-T3 has a solid bulletproof body and comes with advanced biometric capabilities, making it a good versatility option for organizations requiring a safe, reliable, and effective tool.
4. Android POS Machines
The Android point of sales devices from MobiOcean are designer hardware devices to be used for specific purposes such as e-challan systems, smart parking systems, and retail businesses. These devices are physically built using heavy-duty hardware and configured with software that meets the exact requirements of each specific use case.
The e-challan POS was designed for traffic management systems, while the smart parking POS was designed for easy payment collection at parking centres.
5. Mini Android POS P8
The Mini Android POS P8 is a portable credit card acceptance device that runs Android It features the secured chip and supports secure transactions for optimal security. Lightweight and portable, it is the ultimate choice for the small business, field agent and merchant as a simple and yet powerful payment processing solution.
All of the products show Mobiocean’s commitment to innovation in the field, security of transactions and user-friendly design, for businesses to operate more efficiently and provide better experiences for their customers.
Business Model & Market Presence
MobiOcean works with a customer service orientation, developing low-cost solutions that cater to small, medium, and large enterprises. The company also integrates Android based handheld terminals with POS software, making it possible for any business to accept payments in more than one mode, all in one location.
Notable Projects and Clients of MobiOcean
Key Client Sectors and Verticals
MobiOcean has firmly established itself as a mobility and payment solutions supplier in many sectors. MobiOcean’s solutions are being utilized in retail, logistics, banking and finance, government, hospitality and specialized applications such as e-challan, ePDS, Government DBT/schemes. MobiOcean also provides tailor-made solutions for government tenders and on-line digital payments demonstrating their ability to adapt to the public and private sectors’ needs.
Major Clients
A check of a recent domestic client list shows that MobiOcean has served some well-known organizations, including:
BigBasket: A prominent online grocery delivery company.
Kantar: An international data, insights, and consulting firm.
CashKaro: A leading cashback and coupons website.
Intelenet: A well-established business process outsourcing (BPO) company.
Graphene Semiconductors: An information and semiconductor solutions company.
Moglix: An eminent B2B e-commerce marketplace for industrial products.
LendingKart: A popular fintech firm that deals in business loans.
Elastic Run: Logistics and distribution platform.
Redbus: India’s largest online bus ticketing platform.
ZestMoney: A digital lending platform.
AMD: A leading global semiconductor and computing technology company.
KPMG: A leading professional services firm globally.
Athena Health: A healthcare technology company.
Prolifics: An IT solutions company.
Syneos Health: A biopharmaceutical solutions company.
Origo Finance: A financial services firm.
Meyer Housewares: A cookware manufacturer with a global presence.
Coramandel Infrastructure: Real estate and infrastructure company
Notable Projects and Use Cases
Government and BFSI Solutions: MobiOcean’s MO-T3 Android Tablet with high-end UIDAI face and fingerprint authentication is tailored for government ministries and the BFSI sector. The MO-T3 is used to enable Aadhaar based biometric attendance systems (AEBAS) and eKYC, enabling secure/ compliant work flows that adhere to digital identity and transaction principles.
Retail and ERP Integration: MobiOcean’s POS solutions, based on Android, are implemented in retail, allowing for unified payment acceptance, inventory management, and CRM features
Logistics and Transport: Logistics and transport use the company’s solutions for digital payments and operational management
Summary Table of Notable Clients
| Client Name | Industry/Sector |
| BigBasket | E-commerce/Retail |
| Kantar | Data & Consulting |
| CashKaro | Fintech/E-commerce |
| Intelenet | BPO/IT Services |
| Graphene Semiconductors | Technology/Semiconductors |
| Moglix | B2B E-commerce |
| LendingKartElastic Run | FintechLogistics |
| Redbus | Online Travel/Transport |
| ZestMoney | Digital Lending |
| AMD | Semiconductors |
| KPMG | Consulting/Professional Services |
| Athena Health | Healthcare Technology |
| Prolifics | IT Solutions |
| Syneos Health | Biopharma |
| Origo Finance | Financial Services |
| Meyer Housewares | Manufacturing |
| Coramandel Infrastructure | Real Estate/Infrastructure |
Leadership & Growth
The organization was founded by Suman Gupta and Kamal Rana and is led by Kamal Rana the CEO. MobiOcean currently has no outside investors and is showing steady growth with $1.56 million in revenues as of March 2022.
Competitive Landscape
MobiOcean competes with multinational corporations such as Square, Lightspeed, and Moka with custom solutions for Government tenders, ERP and Logistics Integration, Banking, Hospitality and Digital Payments.
Conclusion
MobiOcean Technologies Private Limited is a leader in the mobility and payment solutions industry underpinned by the vision of creating a borderless, safe, and seamless environment for digital transactions. MobiOcean is redefining the way companies can operate in their digital economies through leading Trusted Product Offerings, a Customer focused business model and a passion for performance and excellence.
From its Smart EFT POS to an enterprise, Android POS machines MobiOcean products, address a wide range of industries by promise of efficiency, security, and scale. By leveraging a very strong Management Team and the direction of Suman Gupta and Kamal Rana MobiOcean is experiencing strong growth without funding from external investors, this is a testament to their strength and strategy.
MobiOcean invests in innovation with the drive to support business transformation, launching new products and monetizing opportunities, in the right place at the right time to have a long lasting impact on the global mobility solutions landscape. Bringing together technology and business performance and creating change across industries, MobiOcean Technologies are enabling world that is more connected and digitally enabled. Whether it be enabling small trading or engaged with significant government initiatives, MobiOcean Technologies are a partner of choice in a cashless, technology enabled world.
FAQ’s
What is MobiOcean Technologies?
MobiOcean Technologies Private Limited is a mobility and payment solution provider in New Delhi. MobiOcean launched in 2015, selling POS device solutions plus bundled solutions meant to help businesses in retail, corporate and government sectors generate efficiency and frictionless digital transactions.
How does MobiOcean support the Digital India initiative?
MobiOcean does contribute to India’s Digital India initiatives with solutions that include financial inclusion and frictionless digital transactions. MobiOcean’s POS devices and biometric devices are consistent with government efforts aimed at transparency in attendance tracking, eKYC and cashless transactions that are necessary for the vision of creating a digital economy for India.
Can MobiOcean’s solutions be integrated with existing business systems?
MobiOcean’s products and software already have integrations with ERP, logistics solutions or banking applications. This means there are many methods for integrating MobiOcean’s solutions with existing workflows to utilize and not disturb individual business practices.
How does MobiOcean ensure the security of its payment solutions?
MobiOcean’s devices such as the Smart EFT POS and Mini Android POS P8, have secure chips, and follow EMV and PCI standards. These certifications provide a layer of security to transactions to ensure businesses and customers do not fall to fraud.
How does MobiOcean cater to small businesses?
MobiOcean’s customer-need model focuses on affordability for consumers, and scalable solutions such as the PIN PAD and Mini Android POS P8 are available. These solutions allow small businesses to accept as many payment types as possible and grow without significant initial investment.