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    Lendingkart makes key hires to leadership team as part of ongoing growth strategy

    Synopsis

    Founded in 2014, Lendingkart has a service reach across India. Since its inception, Lendingkart Finance has evaluated nearly half a million applications, disbursing 76,000 loans to more than 64,000 MSMEs across all 29 states and union territories of the nation.

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    The group has raised around Rs. 983 crores of equity till date.
    BENGALURU: Fintech company Lendingkart Technologies has announced two key senior appointments as part of its continuing strategy to grow services and outreach - Mohit Bajaj as chief financial officer for the group’s NBFC arm, Lendingkart Finance, and Bharat Aggarwal as the senior vice-president of operations.

    With extensive industry understanding and strong past experience, Bajaj and Aggarwal will further aid the company’s vision of growing its geographical footprint, leadership team, and enabling financial inclusion for MSMEs across India.

    “With the fintech industry and the emerging entrepreneurship spirit in the country growing at a rapid pace, it is becoming increasingly important to fuel this progress and build an exceptional team that will support us in fulfilling our commitment towards empowering MSMEs,” said Harshvardhan Lunia, co-founder, Lendingkart.

    Bajaj has spent a considerable amount of time at Media Guru as their group chief financial officer. With an experience of over 17 years, he has also worked with Religare Macquarie Wealth Management, Fullerton Securities and Wealth Advisors, Actis Global Services, Fortis Healthcare, and Dixon in varying capacities. He specialises in corporate finance, business planning, investor relations, treasury management, core accounting and diverse industry verticals.

    Aggarwal brings in 15+ years of experience of working across consumer, banking and financial services industry. Prior to Lendingkart, he has worked as national manager, business loans with Bajaj Finance; managed credit and operations for the fintech division of Bajaj Finserv – Bajaj Finserv Direct. Prior to Bajaj, he has worked with HSBC, NetAmbit Broking and Citigroup in different roles and capacities.

    Founded in 2014, Lendingkart has offices in Ahmedabad, Bengaluru, Mumbai, Delhi NCR and Kolkata but has a service reach across India. Since its inception, Lendingkart Finance has evaluated nearly half a million applications, disbursing 76,000+ loans to more than 64,000 MSMEs across all 29 states and union territories of the nation. The group is financed by international investors like Fullerton Financial Holding, Saama Capital, Mayfield India, Bertelsmann, Darrin Capital Management, Sistema Asia, India Quotient and others, and has raised around Rs. 983 crores of equity till date.


    The Economic Times

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