BOARD

MD & CEO

Sanjay Sharma
Independent Director

Navin Kumar Maini
Independent Director

Vinay Baijal
INDEPENDENT DIRECTOR

Arpita Pal Agrawal
Elevation Capital

Vivek Mathur
Falcon Edge Capital

Navroz Darius Udwadia
Lightrock India

Kartik Srivatsa
A91 Partners

Kaushik Anand

MD & CEO

Sanjay Sharma

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

Independent Director

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.

Independent Director

Vinay Baijal

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

INDEPENDENT DIRECTOR

Arpita Pal Agrawal

Appointed as Independent Director in September 2022.

Arpita has nearly 30 years of work experience, twenty of which were focused on Management & Risk consulting in lead roles in organizations such as PwC, KPMG, Arthur Andersen and ICICI Advisory, with sector specialization in Telecom. She now focusses on providing leadership to businesses and initiatives to help create ESG focussed impact that is sustainable and responsible and is an avid champion of the power of technology to transform life chances. She has led projects in 35+ countries in both emerging markets in Asia & Africa and developed markets. 

She is a Postgraduate in Management from IIM Ahmedabad and has a Bachelor’s degree in Electronics & communication from Delhi College of Engineering (now DTU), India

Elevation Capital

Vivek Mathur

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.

Falcon Edge Capital

Navroz Darius Udwadia

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.

Lightrock India

Kartik Srivatsa

Appointed as Nominee 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.

A91 Partners

Kaushik Anand

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.

MANAGEMENT

MD & CEO

Sanjay Sharma
Deputy Chief Executive Officer

Samir Mehta
Chief Business Officer

Niraj Kaushik
Chief Operating Officer

Ujual George
Chief Financial Officer

Krishan Gopal

MD & CEO

Sanjay Sharma

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

Deputy Chief Executive Officer

Samir Mehta

As Deputy CEO, Samir  focuses on the key drivers of profitability in our business and is responsible for deploying strategies that enhance our organizational performance and capability. He leads the Finance, Product, Operations and Customer Service functions.

Samir has over 25 years of diverse and rich experience in Sales, Product Management, Marketing, Credit & Risk and Collections with leading Banks & NBFCs like ICICI Bank, ABN AMRO Bank, Bajaj Finance & Hero Fincorp.

He served as the Chief Business Officer at Hero Fincorp, where set up and led the Corporate Finance Businesses spanning across Retail and Corporate Assets. He managed Business Loans, Professional Loans, Supply Chain Finance, Loan Against Property, Construction Finance, Medical Equipment Financing, SME financing, Mid Market & Local Corporate Financing, FIG Financing, Education Infra Financing.

He is an IIM Lucknow alumnus and is an Electrical Engineer from NIT – Kurukshetra. He is also a Certified International Credit Professional from NACM-USA.

Chief Business Officer

Niraj Kaushik

Niraj is responsible for the business growth of the company along with ensuring superlative portfolio quality.   He manages our Distribution and Collections functions across India.

He has over 25 years of exceptional track record in managing Credit & Risk, Risk Analytics, Sales and Distribution functions in Banking and Financial Services Industry.  He has worked in reputable organizations in the industry like Larsen & Toubro, ICICI, ABN Amro Bank and later RBS. He was the Head of Credit for unsecured SME and Professional loans in Bajaj Finance Ltd. and the EVP – Head of Central Underwriting and Risk Intelligence Unit for secured, unsecured and short-term trade finance for SME at Religare Finvest Ltd before joining Aye Fin.

Niraj is an alumnus of IMT Ghaziabad and is an engineer from REC, Jaipur

Chief Operating Officer

Ujual George

As the Chief Operating Officer, Ujual is responsible for driving operational transformation focusing on sustainable growth and leveraging technology effectively.  At Aye Finance he brings in a comprehensive perspective on all the risks that are faced by the Company and directs our efforts towards keeping them under control. He oversees diverse  business operations of the organization spanning Risk, Information Technology, Human Resources and Business Excellence.

He has held various leadership positions in his career of over 25 years in banking and financial services. He has deep expertise in driving enterprise-wide change programs, setting up and scaling up operations, customer experience management, Information Technology and risk management. At RBL Bank, he served on the Management Committee and led the transformation agenda of the bank. He has been associated with leading financial services institutions like Barclays Bank, Abu Dhabi Commercial Bank, ICICI and HSBC in various leadership roles.

Ujual is an alumnus of Indian Institute of Management Bangalore and is a BSc in Physics.

Chief Financial Officer

Krishan Gopal

As Chief Financial Officer, Krishan is responsible for leading our Corporate Finance, Treasury, Investor Relations, Accounting functions and strengthening the financial and regulatory reporting. He carries the responsibility for financial control to ensure optimal cost-benefit outcomes for the organization.

He has two decades of experience in various roles at Price Waterhouse, Deloitte,  PNB Housing, Satin Creditcare and DMI Finance. Besides his considerable experience in fund raising, his expertise lies in Strategic Planning, Budgeting, Compliances and  Investor Relations.

Krishan is a Chartered Accountant  and holds a Bachelors in Commerce from University of Delhi.