Bengaluru: Lendingkart Technologies Private Limited, India’s leading fintech company today announced three key executive leadership appointments as part of its expansion strategy, bringing on board- Arjun Soni as Head – Co-lending Products, Mazin Abdullah – Senior Director – Cross Sell and Ritesh Prakash, Senior Director – Products. With extensive past industry experience, Arjun, Mazin and Ritesh will further aid Lendingkart’s business creating business solutions and product management respectively.
Commenting on the appointment, Harshvardhan Lunia, Co-Founder and CEO, Lendingkart said, “We have been steadily building our product and technology team, and we are happy to bring on board exceptional professionals like Arjun, Mazin and Ritesh. Their leadership and extensive experience perfectly positions them to oversee their role. I look forward to work with such meticulous mindsets. I feel very fortunate to have them on board and elevated to create an impact and deliver better outcomes.”
Arjun Soni is a seasoned professional who brings diverse experience in setting up and leading Fintech based lending start-ups, enterprise business development, and credit risk functions. Arjun is adept at managing teams and clientele across diverse sectors, geographies, ticket sizes and banking solutions and has successfully managed multi-million-dollar portfolios. With an eye for futuristic trends, Arjun effectively applies innovative technology and AI to finance based solutions.
Arjun Soni, Head – Co-lending Products, Lendingkart said,” I am delighted to join Lendingkart at this critical growth phase, amidst an exciting fintech ecosystem. In my new role, I look forward to leading large sized financing arrangements and fostering new relationships with our existing and new partner institutions/partners. I hope my contribution would be valuable for Lendingkart to achieve its vision.”
Mazin Abdullah is a senior professional in the retail finance industry. He is experienced in creating business solutions using emerging concepts like Digital & Paperless, Analytics etc. Prior to Lendingkart, Mazin has worked with BankBazaar.com as Director – Strategic Partnership.
“With a vision of mitigating the credit gap among SMEs and MSMEs, Lendingkart has made significant progress and impact. I am excited to be a part of Lendingkart’s exceptional journey. Spearheading product innovations backed by strong consumer insights will be some of the key priorities as I embark on my new role”,said, Mazin Abdullah, Senior Director – Cross Sell Product, Lendingkart.
Ritesh Prakash brings significant experience in product management, consulting, analytics and web development. Prior to Lendingkart, he was associated with Tata Sky as General Manager – New Business. In his previous role he was Responsible for building new business and revenue stream for Tata Sky across multiple platforms, including linear TV, mobile and desktop.
Joining Lendingkart, Ritesh Prakash, Senior Director – Product, Lendingkart Said, “I believe disruption in the digital lending ecosystem will only be possible if backed by innovative products and solutions which empower MSEs and small businesses of India. Working closely with Lendingkart technology and strategy team, I look forward to introducing as well as strengthening the entire product lifecycle from planning to seamless implementation.”
Over the recent months, Lendingkart has bolstered its India leadership team with key senior appointments of Nagarajan S as their first Chief Risk Officer and Mithun Sundar as the CEO of Lendingkart Finance, the company’s NBFC arm. Under the company’s strong leadership, Lendingkart Finance (the NBFC arm of Lendingkart Group) has evaluated nearly half a million applications, disbursed 76,000+ loans to more than 64,000 MSMEs in 1300+ cities across all 29 states and union territories of the country, making it the NBFC with the largest geographical footprint in the country.