Mumbai: Moneyboxx Finance Ltd, a BSE-listed NBFC focused on transforming credit access for underserved small and micro enterprises in semi-urban and rural India, has announced the appointment of Vivek Meharwal as Chief Business Officer. In his new role, Meharwal will drive the growth of the company’s secured loan portfolio and spearhead initiatives to enhance operational efficiency for scalable and sustainable expansion.
Vivek Meharwal brings over 21 years of experience across the lending industry, with expertise in credit strategy, business development, product innovation, and portfolio growth management. Prior to joining Moneyboxx, he served as Chief Business Officer at Altum Credo Home Finance and has held leadership positions at Avanse Financial Services, Religare, GE Money, and ICICI Home Finance.
Welcoming him to the company, Mayur Modi, Co-Founder and Co-CEO, Moneyboxx Finance Limited, said, “We are excited to welcome Vivek Meharwal on board as Chief Business Officer. His comprehensive experience in credit management, new business architecture, and product-level growth will play a crucial role in strengthening our expansion strategies. As we deepen our outreach across underserved regions, his leadership will help us deliver sustainable growth with strong portfolio quality, aligned with our mission of empowering grassroots entrepreneurs through responsible lending.”
Commenting on his appointment, Vivek Meharwal, Chief Business Officer, Moneyboxx Finance Limited, said, “I am thrilled to join Moneyboxx Finance at such a pivotal time in the journey. The company’s mission of enhancing financial inclusion resonates deeply with my growth objectives. I look forward to leading business strategy and execution that enhances our product offerings, strengthens credit delivery, and drives sustainable impact across rural and semi-urban India.”
The appointment comes at a time when Moneyboxx Finance is experiencing strong growth momentum. As of March 2025, the company reported a 27% year-on-year growth in Assets Under Management (AUM), along with an expanding physical network of 163 branches across 12 states, reinforcing its commitment to empowering underserved entrepreneurs and fostering inclusive economic growth in semi-urban and rural India.
