Lendingkart: Lendingkart strengthens the leadership team with three senior appointments

BENGALURU: Fintech firm Lendingkart Technologies has announced the appointment of three new senior executives to reinforce the company’s vision of providing working capital to MSMEs, it said in a statement released today.

Aiming to further strengthen its position, the company has appointed Giridhar Yasa as Chief Technology Officer, Mahesh Parashar as Chief of Collections and Sameer Nagpal as Chief of Revenue Operations and Disburstion.

“Despite the current difficult times, the Indian MSME ecosystem is gradually recovering as they rebuild their businesses to cope with the new normal. Over the past six years, Lendingkart has scaled its operations, growing exponentially by more than doubling year-on-year, and despite the pandemic, we remain focused on realizing our long-term vision of achieving inclusive growth and MSMEs’ adaptation to the digital ecosystem to enable,” said Harshvardhan Lunia, co-founder of Lendingkart.

“As we embark on our next wave of growth, we are building a stronger team of industry veterans across technology, collections and operations who will support our commitment to empowering micro-entrepreneurs. We are pleased to onboard Giridhar Yasa, Mahesh Parashar and Sameer Nagpal and believe that their extensive industry experience will enable them to play a crucial role in shaping the company amidst the dynamic and evolving digital lending ecosystem,” added Lunia added.

Yasa will be responsible for expanding the Lendingkart platform for customers, distributors and co-lending partners to have a minimal onboarding time yet a configurable workflow that suits their needs. He joins Lendingkart from Flipkart where he served as a technology lead and has also led technology and product teams at companies such as NetApp, CSR and Hughes.

Parashar has over 17 years of banking and financial services experience. He joins from Aditya Birla Finance where he was Head of Collections, Collections and Fraud Control, Risk and Credit unit. He has also worked with Citi Financial Consumer Finance India, Bharti Televentures and Standard Chartered Bank.

Nagpal has over 20 years of FMCG, Telecom, Banking and Fintech experience. He has successfully built and grown sales organizations for clients across all industries and is an avid user of technology and automation to drive business growth. He joins from Airtel Payments Bank and has also previously worked at Bharti Airtel, Idea Cellular and Reliance Communications.

Lendingkart is funded by investors such as Fullerton Financial Holding (FFH) (100% subsidiary of Singapore Sovereign Fund Temasek Holdings), Saama Capital, Mayfield India, Bertelsmann, Sistema Asia, India Quotient.

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