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Tag: CredAvenue

  • Mathangi Sri joins CredAvenue as chief data officer

    Mathangi Sri joins CredAvenue as chief data officer

    Mumbai: CredAvenue, a debt product suite and marketplace has announced the appointment of Mathangi Sri as its chief data officer. 

    She joins CredAvenue from Gojek, an integrated technology group based in Southeast Asia, where she served as the head of data organisation for GoFood – Gojek’s food business. She has rich experience building high-impact, data science solutions and products at scale across large enterprises and high-velocity start-ups.

    “Mathangi’s exceptional experience in data science will help us shape CredAvenue’s journey towards becoming a more futuristic company. We plan to invest significantly in our data platform and empower our customers to manage their transactions actively,” said CredAvenue founder and CEO Gaurav Kumar. “Data is at the core of every operation at CredAvenue, and with an agile data science team under Mathangi’s leadership, we will ensure a rapid expansion in our product portfolio through the intelligent, data-oriented decision making and building deeper integration among our multiple sub-platforms.”

    As a data leader, Sri has generated substantial intellectual property by publishing 20 global patents in the area of data science and machine learning. She has headed data science functions of several reputed companies such as PhonePe, Citibank and 7.ai.  As one of the top 50 AI leaders in the country, Sri has also been recognised as ‘The Phenomenal SHE’ by Indian National Bar Association in 2019 and as ‘AI Changemaker Leader’ by 3AI Association in 2022.

    “I am very excited to be part of CredAvenue’s journey to transform the Indian fintech space,” stated Mathangi Sri. “Data science and AI will positively disrupt India’s lending and investment space while also helping the elimination of information asymmetry. I am particularly looking forward to working with an energetic and enthusiastic team at CredAvenue and being part of building the largest lending marketplace with such a fast-growing company.”

  • CredAvenue appoints Krishnendu Majumdar as chief product officer

    CredAvenue appoints Krishnendu Majumdar as chief product officer

    Mumbai: Debt marketplace CredAvenue on Monday announced the appointment of Krishnendu Majumdar as chief product officer.

    In his new position, Majumdar will drive CredAvenue’s product strategy and build deeper synergies within different product verticals through technology-oriented solutions, said the statement.

    Krishnendu has over two decades of extensive experience in building scalable solutions for complex and disruptive businesses in both – B2B & B2C domains. He has derived customised solutions for complex business challenges and has managed and mobilised cross-functional teams under the product, engineering and operations verticals in multiple leadership roles at InMobi, SGT Global and TCS, among others.

    “We are redefining debt markets through our product-first approach. We have built India’s most comprehensive debt product suite under one marketplace, and we aim to only expand our product offerings across each of our sub platforms in the near future” said CredAvenue founder and CEO Gaurav Kumar. “We are delighted to have Krishnendu in this mission-critical role. Krishnendu’s deep domain expertise will help us elevate the operations of our current product portfolio while also driving the development of innovative new products to fuel further growth. Krish will be integral to our leadership team as we continue to penetrate deeper into the Indian financial market.”

    Most recently, Krishnendu served at Flipkart at vice president of catalogue and buying experience. He has experience across domains like banking, online brokerage, supply chain management, advertising, and e-commerce. 

    At Flipkart, he played an instrumental role in automating the entire cataloguing experience by leveraging hundreds of ML/AI models. Over the years, Krish has demonstrated strong product management, operational, technical and strategic leadership capabilities.

    “CredAveneue is a category creator and has built a truly one-of-a-kind debt marketplace paving the way for a transformational approach to the Debt markets. I am elated to be joining them at this juncture of their journey,” stated Krishnendu Majumdar. “India has been underserved with respect to the availability of credit to the largest section of the population. With the democratisation of credit availability, India can truly aspire to become a $5 trillion economy. CredAvenue has also demonstrated immense potential to unlock significant economic growth by allowing easier credit accessibility which is aiding growth and aspiration of people.”

  • CredAvenue onboards Abhishek Mehrotra as its CHRO

    CredAvenue onboards Abhishek Mehrotra as its CHRO

    Mumbai: Homegrown debt markets platform CredAvenue has announced the onboarding of Abhishek Mehrotra as chief human resource officer (CHRO).

    In this role, Mehrotra will be responsible for leading the company’s human resource function, thereby bolstering CredAvenue’s people culture while cultivating an innovative, growth-driven environment.

    “For us, this is a mission-critical role. Our business is all about people. Hence, we have prioritised HR as one of the most critical and core business functions since our initial days of building a people-centred, best-in-class culture,” said CredAvenue founder and CEO Gaurav Kumar. “We are passionate about creating a caring, collaborative, and shared work atmosphere that results in happier employees. While we have been cultivating a diverse, agile, transparent, and enthusiastic work culture, we need to have an HR leader with nuanced understanding and a proven track record of leading our people initiatives to the next phase.”

    “Abhishek will channelise our collective goals and individual capabilities by bringing the best global HR practices and innovations to keep CredAvenue a people-first organisation. Through his broad experience, Abhishek will guide us to create a culture where each individual will thrive. Our people are our most valuable asset,” he further said.

    Mehrotra has over two decades of experience in human resources, including establishing and improving HR and organisational structures at leading tech, start-up, and telecom companies. He has enabled employee success in high-end R&D, complex managed services, and social media domains across Western and Eastern work cultures with organisations such as IBM, Nokia, Huawei, and Bytedance. 

    In his last leadership assignment with Bytedance, he scaled the people management function at TikTok in the SEA markets while also guiding the India team through challenging times. 

    “CredAvenue is one of the rare start-ups that has followed the people-first philosophy from inception, and that was very evident in the founder’s thinking from the very first time we interacted,” commented Abhishek Mehrotra. “I am looking forward to building the people’s organisation of tomorrow and introducing unique practices in learning and development, mental wellness, diversity and inclusion, and upskilling initiatives for enhancing the overall employee experience.”

    CredAvenue plans to increase its headcount from 400 to 700 people in the coming fiscal year. It is hiring talent from various tech and management areas at all levels, including freshers, mid-level, and senior-level positions, said the statement.

  • CredAvenue names Niren Yadav as communications and PR head

    CredAvenue names Niren Yadav as communications and PR head

    Mumbai: Debt markets platform CredAvenue on Thursday announced the appointment of Niren Yadav as head of communications and public relations.

    Yadav will report to CMO Karanpreet Bindra and work closely with the founder/CEO and leadership team. He will be based out of the firm’s Bengaluru office, which will also double up as the upcoming technology hub and marketing HQ of CredAvenue, said the company in a statement.

    In his new role, Yadav will play an instrumental role in setting up and leading the corporate and integrated communications vertical and build the profile of the company in line with the firm’s vision, values, and brand story, it added.

    “We are excited to have Niren on board as he brings in deep and wide expertise in the field of marketing communications and reputation management,” said Karanpreet Bindra. “He has a clear vision for building and scaling a robust communications function. I am excited to welcome him to the team and partner with him to further our strategy.”

    Yadav brings with him over 11 years of experience in successfully strategising, implementing, and strengthening corporate narratives for businesses across multiple sectors such as fintech, technology, skill development, education, HR, infrastructure, and smart lighting.

    Prior to joining CredAvenue, he worked at 20:20 MSL as a group head. Previously, he was associated with companies such as Mastercard (South Asia Comms team), Cohn & Wolfe, and Ogilvy & Mather.

    “The sheer magnitude of the addressable market coupled with the quality of talent, the company’s vision, global mandate, long-term investor confidence and CredAvenue pioneering the concept of ‘startup 2.0’ is a terrific combination,” said Yadav. “I am excited to work with a capable team to contribute to and enhance our brand love by driving strategic and impactful communications and experiences for all our stakeholders.”

  • CredAvenue onboards Karanpreet Bindra as CMO

    CredAvenue onboards Karanpreet Bindra as CMO

    Mumbai: Debt markets platform CredAvenue has brought on board former Rupeek executive Karanpreet Bindra as its chief marketing officer. He will be based out of Bangalore and report directly to Gaurav Kumar.

    In his current role, Bindra will oversee the entire gamut of digital, product and brand marketing at CredAvenue for both the enterprise and the B2C businesses.

    He will also be responsible to look after the company’s global brand strategy, digital marketing strategy and innovation, product marketing strategy, and incubation of a consumer business. As CMO, Bindra will define a digital-first path for all marketing efforts at CredAvenue, said the statement.

    “Bindra has a clear vision for the future of marketing and innovation and can build a strategic team to execute the vision at CredAvenue,” said Kumar. “He is an all-rounder veteran who also has an entrepreneurial bent and we do foresee that the team and the brand will flourish under his guidance.”

    Prior to joining CredAvenue, Bindra worked at Rupeek as head of marketing. He was also associated with Marico for close to seven years and was a group ex-pat based out of Dubai. He also had stints with Akzonobel, and Future Brands.

    As a growth specialist for over 15 years, Bindra has experience working with multiple seasoned brands ranging from FMCG, fintech, personal care, and paints across a wide geography in India and the Middle East.
     
    “This is an interesting juncture for the overall fintech space and CredAvenue in specific. The addressable market size, a global mandate, a profitable business model, the CEO’s vision, and the quality of talent within the leadership team is a great combination,” said Bindra on his new role.