22 August 2016, India :
Lendingkart Group today announced two senior-level appointments. It has brought on board former Amazon India and Dubai based Souq.com executive Vishal Chopra as Chief Revenue Officer and ex-PayU India VP-Products, Nihit Nirmal as its Senior VP- Products.
After the appointment Vishal Chopra, CRO, Lendingkart Group NBFC said, “Lendingkart Group NBFC has emerged as a leader in enabling financial assistance to SMEs and I am pleased to contribute to overall vision of the Group. In my new role, I will be looking at strengthening the existing revenue lines and introducing new lines of business. Marketing, sales operations and customer experience will also be some of my core focus areas to helm the company to its next phase of growth and expansion.”
Lendingkart Group aims to make working capital finance available at the fingertips of entrepreneurs, so that they can focus on business instead of worrying about the gaps in their cash-flows.
Nihit Nirmal, Senior VP-Products, Lendingkart Group said, “I firmly believe that tech driven SMEs will play a huge role in India’s next phase of growth. Lendingkart Group is a promising platform that is working towards making loans more accessible to this sector. My focus will be to help expand its horizons by building technology products that solve problems of capital accessibility for SMEs.”
Lendingkart Technologies Private Limited is a fin-tech startup in the working capital space. The Company has developed technology tools based on big data analysis which facilitates lenders to evaluate borrower’s credit worthiness and provides other related services.