CosmicTaco
CosmicTaco

InCred CFO Vivek Bansal Quits to Launch Fintech Startup with Kotak's Sunil Daga

  • Vivek Bansal, InCred CFO, and Sunil Daga, Kotak President, are launching Saarathi Finance, an MSME-focused NBFC.
  • Both are serving notice periods and seeking Rs 600 crore in equity funding for the venture.
  • Saarathi Finance, registered in August, has applied for an NBFC license with the RBI.
  • The company aims to provide secured loans to MSMEs and unsecured personal loans via a digital-first super app.
  • Bansal and Daga bring extensive experience in banking and SME lending to the new venture.

Source: Moneycontrol

10mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across
Business Roles
by GroovyDumplingCred

Cred Or Flipkart ?

Hey Fellas ! I am working at Flipkart in a business role (Cat Management ) . Recently have been offered a position at cred with good pay. Take it or leave it ? Thoughts on wlb and stability ?