At CFO (Boardroom Media) we track over 1,000,000 startups and over 5,000,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and board members we think deserve more appreciation than they are currently getting.
This list showcases the top India based CFO’ operating in the Lending space. If you think a CFO’ is missing from this list, feel free to contact our editor on [email protected].
The individuals on this list have been included because of exceptional performance in one of the following categories:
- Innovation – Operating as a key part in an extremely innovative business or startup.
- Growth – Operating as a key figure in the growth and upscale of a market leading business or startup.
- Management – Showing exceptional management skills.
- Societal impact – Putting their business on the map for their positive societal or environmental impact.
Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.

Ruchi Kalra
Cofounder & CFO of OfBusiness
Ruchi Kalra is the Co-Founder and Head of Credit and Payments at OfBusiness since 2016. Previously, Ruchi was a Partner at McKinsey & Company and a Senior Business Analyst at Evalueserve. Ruchi earned her MBA from Indian School of Business and B.Tech. degree in Chemical Engineering from Indian Institute of Technology, Delhi.
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About OfBusiness: OfBusiness is a tech-enabled platform that facilitates raw material procurement and credit for SMEs.

Sunil Jain
CFO & Head of Operations of India Shelter
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About India Shelter: Indian Shelter helps middle income families improve quality of and access to housing by providing housing credits.

Parag Sharma
Chief Financial Officer and Executive Director of Shriram Transport
Parag Sharma serves as the Chief Financial Officer of Shriram Transport Finance Co. Ltd and served as Executive Director. Mr. Sharma joined the ShriramGroup as Manager – Accounts in the year 1995. He has an overall experience of 20 years in the area of corporate finance and treasury of which 14 years with Shriram group. He served as an Additional Director of Shriram Automall India Ltd. since February 1, 2010. He served as Director of Shriram Equipment Finance Company Limited. Mr. Sharma holds a bachelor’s degree in Commerce and is a graduate of the Institute of Cost and Works Accountants of India.
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About Shriram Transport: Shriram Transport Finance Company specializes in financing pre-owned commercial vehicles, equipment, and other loans.

Joseph Sudhakar
Co-founder & CFO of PickMe eSolutions India
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About PickMe eSolutions India: PickMe eSolutions India is a Consumer Services platform.
Vivek Bansal
Group CFO of InCred
Vivek has worked with Yes Bank as Deputy Chief Financial Officer where he was responsible for overall financial management. Prior to this, he worked with Fidelity Investments, London & Standard Chartered in Mumbai.
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About InCred: InCred is a financial services platform that leverages technology and data-science to make lending quick and easy.
Aiswarya Ravi
Chief Financial Officer of Kinara Capital
Aiswarya Ravi is the CFO of Kinara Capital where she oversees the financial planning and analysis, regulatory compliance, investor relations, taxation, and related financial needs, for a fast-growth NBFC. Aiswarya has propelled Kinara Capital’s growth by staying on top of a changing industry landscape and refined Kinara’s unique risk-assessment methodology. Aiswarya is a qualified Chartered Accountant and Certified Information Systems Audit (CISA) professional with rich experience in Corporate Finance, Compliance, and Internal Audit. At ITC, Aiswarya was conducting internal audits for all businesses of ITC and at the GMR Group, she was responsible for strategic planning, corporate finance, and board reporting. Aiswarya holds a Chartered Accountant degree from Institute of Chartered Accountants of India and is Certified Information Systems Audit (CISA) professional by ISACA.
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About Kinara Capital: Kinara Capital is a financing company that provides flexible collateral-free loans to small business entrepreneurs.
Kalpesh Ojha
CFO of U Gro Capital
Kalpesh Ojha is the CFO at U Gro Capital.
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About U Gro Capital: U Gro Capital is a small business lending fintech platform that provides loan solutions.
Yogesh Udhoji
Chief Financial Officer of Asirvad Microfinance
Yogesh Udhoji is a Chief Financial Officer at Asirvad Microfinance.
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About Asirvad Microfinance: Asirvad Microfinance provides microfinance loans to women from a poor and low-income households.

Kailash Baheti
President and Group CFO of Magma Fincorp
Kailash Baheti, in his capacity of a Chief Financial Officer, helps strategize the company’s future growth. Kailash heads accounts, taxes, budgeting, legal and secretarial functions. He hopes to see the company continue expanding, and driving its reputation for transparency and sustainability.
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About Magma Fincorp: Magma Fincorp Limited offers secured lending, primarily in the rural and semi-urban areas.

Rishi Arya
Co-founder & Chief Financial Officer of Loan Frame
Rishi oversees finance, partnerships and information security at Loan Frame. He has significant experience in the banking and financial services sector. Prior to Loan Frame, Rishi managed the BFSI equity investments of Canara HSBC OBC Life, a fund with an AUM of over Rs.10,000 crores. He previously was head of compliance and information security at Copal Partners where he ensured information security compliance for sensitive information shared by top-tier global investment banks. Previously Rishi was at HSBC where he conducted information security audits on very large and complex treasury units of HSBC Bank located in London, Tokyo, Hong Kong and Paris. Rishi started his career with KPMG where he conducted audits of NBFCs. Rishi has a B.A (H) Economics from Hindu College and is a qualified Chartered Accountant.
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About Loan Frame: Loan Frame is a fintech company.
Sunil Samdani
Chief Financial Officer and Executive President of Bandhan Bank
Sunil Samdani is the Chief Financial Officer and Executive President at Bandhan Bank.
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About Bandhan Bank: Bandhan Bank provides microfinance lending services.