MD & CEO
Sanjay heads the organization and directly oversees its business strategy. As a co founder, he has led the company from a tech driven start up aspiring to deliver social impact, into an award winning financial services firm that is delivering social impact at scale along with robust financial returns.
He is an accomplished leader in Consumer Banking with over 34 years of experience. He pioneered direct banking channels in HSBC and HDFC Bank and was part of the leadership team that launched consumer lending business at ICICI in 1999. Led the Life Insurance Underwriting, Claims, Operations & Service teams at Max New York Life Insurance Co. Set up Tamweel PJSC and grew it into the largest housing finance company in UAE with over USD 3bn in assets. As its CEO-International, won the Best Mortgage Bank Award from Banker Middle East and 4th most admired Financial Institution in the Region Award from Gulf Business.
He is an alumnus of IIT-Bombay and IIM-Bangalore
Navin Kumar Maini
Appointed as Independent Director in July 2017.
He has more than three and a half decades of experience in commercial and development banking in various facets of providing finance to MSMEs, Micro Creditors and Large Corporates. He served as Deputy Managing Director of SIDBI till February 2015 and was the Chief Executive Officer of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). He has served as Director on the Boards of India SME Technology Services Ltd., SIDBI Venture Capital Ltd., SIDBI Trustee Company Ltd. and India SME Asset Reconstruction Company Ltd and MFIN.
He is an alumnus of St. Stephens College, Delhi and holds a Degree in Law from Delhi University. He is also a Postgraduate in Management from MDI and IIFT, besides being a Certified Associate of Indian Institute of Banking & Finance.
Kanika T. Bhal
Appointed as Independent Director in May 2018.
She is a professor at the Department of Management Studies at IIT Delhi. She has a PhD from IIT Kanpur and is a visiting fellow at Sloan School of Management, MIT. She has published over 150 articles and has authored books on leadership, organization management, culture and ethics. She has done sponsored research for several nationally and internationally funded projects with Fordham University and Wharton Business School and others. She has been a consultant to various government committees like the Fifth Central Pay Commission of India, First National Judicial Pay Commission of India, DRDO, UPSC, DGS&D, Ministry of Rural Development, NICD and Ministry of Environment and Forests. She is also the recipient of several awards including Excellence in teaching award of IIT Delhi, Best professor in Management by Headlines Today and Professor Honorable from Tshwane University of Technology, South Africa.
Appointed as Independent Director in February 2019.
He is a distinguished industry professional who has served as a Chief General Manager at RBI in the Foreign Exchange Department. He played a crucial role in framing policy and implementation of exchange control in India. He has also contributed to drafting Rules and Regulations under FEMA. He set up the Banking Codes and Standards Board of India (BCSBI) and served as its first CEO.
He has served as a member of the World Bank Task Force on International Standards on Credit Data Reporting as well of the National Core Committee to deal with FATF Assessment of India in 2009
Appointed as Director in January 2014.
Vikram is a co founder of the Company and has played a crucial role in the startup years in scaling up the company across markets, pan India. He has over two decades of experience in financial services industry in India and abroad. He has held leadership positions for Distribution and Sales at HDFC Bank and National Bank of Oman (Oman, UAE, and Egypt). As the country head for liability sales at IDBI Bank, he setup the retail distribution network for the bank. At Ujjivan, a micro finance institution, he was the COO for North India and led the turnaround of the region’s business driving a rapid portfolio growth while keeping credit losses well below industry benchmarks.
He is an alumnus of FORE School of Management.
Appointed as Nominee Director in June 2016.
He joined Elevation Capital (erstwhile SAIF) in 2011. He assists portfolio companies scale by working with them on matters such as finance, operations, compliance, and structuring. Prior to this, he was the Head of the India Contact Centres for Dell Inc. He has also served as the CFO for Standard Chartered India and the Wholesale Bank at ANZ Grindlays India.
Vivek holds a degree in Chemical Engineering from BITS Pilani and an MBA from the University of Iowa.
Navroz Darius Udwadia
Falcon Edge Capital
Appointed as Nominee Director in March 2019.
He is the Chief Executive Officer, Co-Founder and Partner at Falcon Edge Capital, LP. Prior to this he worked with Eton Park specializing in emerging markets. Before that he with JP Morgan (private equity) and Goldman Sachs, in the Financial Institutions
He is a graduate from Columbia University (BA, English), has a law degree (MA, Law) at Oxford University and is an MBA from Harvard Business School.
Appointed as Independent Director in March 2019.
Sumiran is a partner at CapitalG, the growth equity arm of Alphabet. He focuses on fintech, healthcare and consumer marketplaces. He is passionate about supporting companies that provide mission-critical services as well as those that improve consumers’ economic mobility. Prior to this he worked at Providence Equity Partners where he focused on growth and private equity investments in the technology and media sectors.
Sumiran holds a B.A. from Dartmouth College.
Appointed as Independent Director in February 2020.
He is the Managing Partner India and Chief Strategy Officer of Lightrock. He is the founding partner of Lightrock India, formerly Aspada. He also acts as the fund advisor for the SONG Fund through Aspada Capital Advisors. Formerly he was with Lightspeed Venture Partners, a global venture capital firm with over $2 billion under management. Prior to this Kartik was a Management Consultant with McKinsey and Company.
He is a graduate of the Indian Institute of Technology (IIT), Madras.
Appointed as Nominee Director in October 2020.
He is a Partner at A91 Partners, a venture capital focused on growth stage companies. Previously, he was Head of India Investments at CapitalG (formerly Google Capital) where he focused on technology and financial services businesses. At CapitalG, he led investments in Aye Finance, Cardekho, Freshworks and Cuemath. He was previously at Sequoia Capital India and McKinsey & Co.
He is an alumnus of Harvard Business School and IIT Madras.