With an aim to further strengthen its position, the company has appointed Giridhar Yasa as its chief technology officer, Mahesh Parashar as chief of collections and Sameer Nagpal as chief of revenue operations and disbursement.
“Despite the current challenging times, the Indian MSMEs ecosystem is gradually bouncing back as they rebuild their businesses to cope with the new normal. In the last six years, Lendingkart has scaled its operations exponentially growing more than 2 times year-on-year and despite the pandemic, we remain focused on achieving our long-term vision to achieve inclusive growth and enable MSMEs to adapt to the digital ecosystem,” said Harshvardhan Lunia, co-founder, Lendingkart.
“As we embark on our next wave of growth, we are building a stronger team of industry veterans from technology, collections and operations who will support our commitment towards empowering micro entrepreneurs. We are delighted to onboard Giridhar Yasa, Mahesh Parashar and Sameer Nagpal, backed by their vast industry experience we are confident they will play a crucial role in shaping the company amidst the dynamic and evolving digital lending ecosystem,” Lunia added.
Yasa will be responsible for growing Lendingkart’s platform for customer, channel partners and co-lending partners to have minimal onboarding time and yet a configurable workflow catering to their requirements. He will be joining Lendingkart from Flipkart where he was working as technology leader, and has also headed technology and product teams across companies like NetApp, CSR, and Hughes.
Parashar comes with 17+ years of experience in banking and financial services. He will be joining from Aditya Birla Finance, where he served as head – collection, recovery & fraud control unit-risk & credit. He has also worked with Citi Financial Consumer Finance India, Bharti Televentures, and Standard Chartered Bank.
Nagpal has over 20 years of experience in FMCG, telecom, banking, and fintech. He has successfully established and scaled up client sales organisations across industries and is a keen user of technology and automation to drive organisational growth. He is joining from Airtel Payments Bank and prior to that, he has also worked at Bharti Airtel, Idea Cellular, and Reliance Communications.
Lendingkart is financed by investors like Fullerton Financial Holding (FFH) (100% subsidiary of Singapore Sovereign Fund Temasek Holdings), Saama Capital, Mayfield India, Bertelsmann, Sistema Asia, India Quotient.