Ex-SBI chairman, Rajnish Kumar, joins advisory board of Indifi Technologies
- ByStartupStory | April 29, 2022
Online lending platform Indifi Technologies announced the appointment of SBI’s ex-chairman Rajnish Kumar as an advisor. Kumar as an advisor will be engaging with the management on the Indifi Technologies growth strategy and further help provide guidance in the financial services sector, Indifi said in an official statement.
Kumar has a demonstrated history of working in banking and finance. He currently sits on the boards of Hero MotoCorp, BharatPe, HSBC Asia Pacific, and L&T Infotech.
“The MSME sector and its credit gap has evolved to be a major concern for India. The headway that Indifi is making with respect to this issue is impressive and important. Their ecosystem-based approach to lending has now leveraged the opportune intersection of digital platforms used by MSMEs and advancement in data and tech”. Kumar said.
“I look forward to working with the Indifi team and unlocking more future growth opportunities and creating value for all the stakeholders in the company,” he was quoted as having said in the statement.
Alok Mittal,Co-Founder and CEO of Indifi Technologies, commenting about the new development, said, “We are extremely delighted to have Mr. Rajnish Kumar join us on the advisory board. Kumar is widely regarded as a torchbearer of digital India. This, coupled with his vast experience and knowledge of the financial services industry, will be truly invaluable to the Indifi’s ambitions to spread credit inclusion esepcially amongst Indian MSMEs”.