We-are-Niyogin

Our Company

We are niyogin

Sanskrit for “empowerment”, Niyogin is born out of a deep understanding of the real problems faced by small businesses every day - beginning with collateral free access to credit. We are a passionate team of people who are re-imagining the future of small businesses in India by applying technology, data, analytics and human understanding.

 

Our-Vision

Mission

Our Mission

Our mission is to give small businesses access to a holistic support system, through cost efficient, innovative technology and a committed network of partners.

Vision

Our Vision

Our vision is to be the country’s best small business centric organization, empowering customers through an ecosystem of products, partnerships, technology and exceptional customer experience.

Our-company-carousal

Our Story

Our Core values

Our Core Values

The energy of youth and the experience of age have come together to form niyogin and its strong set of values.

Trustworthy

Trust

Trust is at the foundation of what we do and this reflects across all our interactions, be it with employees, customers or partners.

SME Business Loan

Innovation

We are always thinking ahead and beyond the usual. Questioning existing practices and continuously striving to improve.

Enterprise Business Loans

Flexibility

We understand how dynamic our environment is - change, truly being the only constant. Open to ideas, we readily adapt to emerging business scenarios today.

Agile

Agility

Nimble and responsive, we pride ourselves on making quick decisions and translating them into a competitive advantage.

Customer Centricity

Customer Centricity

We put ourselves in the shoes of our customers to delight them from the moment they come on board. Empathy is not just a noun for us, it is a philosophy.

Transparent

Transparency

Openness and honesty is a value we treasure. We take feedback in our stride, good or bad and are seriously committed to transparency with all stakeholders

Working with Niyogin

Working with niyogin

Driven by meritocracy & collaboration, we drive ownership and accountability, making fast decisions and getting results. Without traditional hierarchies, we foster an environment of trust & integrity, champion each other and have each other’s’ backs. At the end of the day- the only HERO is the team!

Our Founder

Our Founders

  • Amit Rajpal

    Non-Executive Chairman & Co-Founder

    Amit Rajpal - Non-Executive Chairman & Co-Founder at Niyogin

    Amit Rajpal

    Non-Executive Chairman & Co-Founder

    Amit is Non-Executive Chairman & Co-Founder at niyogin and an expert in the area of financial services investing. He believes that the best business models are built by effectively leveraging under-utilized resources to add value to under-serviced customers. This is in part, what drove him to start niyogin.

    He is currently CEO of Marshall Wace Asia based out of Hong Kong. Marshall Wace is one of the largest hedge fund managers globally in the equities space. Prior to this, Amit worked at Morgan Stanley for 11 years as part of the FIG research group, leading the consistently highly ranked Asian bank’s research franchise and was also responsible for leading the Global bank’s Research team –his talent was recognized early by Morgan Stanley who promoted him to Managing Director (MD) at the age of 30, one of the youngest MD’s in the history of the firm.

    Amit completed his MBA (equivalent) from IIM Calcutta. He is also a qualified Cost and Works Accountant (ICWA) and completed his B.Com from University of Mumbai. He tries to keep fit by playing tennis and is passionate about the game.

     
  • Gaurav Patankar

    Co-Founder

    Gaurav Patankar - Co-Founder at Niyogin

    Gaurav Patankar

    Co-Founder

    Gaurav, the Co-Founder of niyogin, is a private investor focused on taking an engaged ownership approach across public and private investments. He started niyogin because he believes that Indian SMEs have great potential and can reach heights with the right help, at the right time, through appropriate channels.

    Over his 18-year career, Gaurav has invested across emerging and developed markets. Most recently, he was Managing Director and Portfolio Manager at The Boston Company Asset Management (A BNY Mellon company), focused on Emerging Market Conviction Investing. Prior to this, he was a Portfolio manager of global absolute-return strategies including emerging-market strategies at Lockheed Martin Investment Management Co. (LMIMCo).

    He holds a Ph.D. in Social and Political Sciences, an M.B.A. in Finance and Strategy and a Bachelor’s degree in Electronics and Telecommunications Engineering.

     
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Our Team

Our Team

  • Himanshu Rajpal

    President & Chief Business Officer

    Himanshu Rajpal - Chief Business Development Officer at Niyogin

    Himanshu Rajpal

    President & Chief Business Officer

    As the Chief Business Officer, Himanshu is focused on converting the business vision to a profitable customer story for the SME segment in India. He is responsible for the Go To Market for off-line and on-line business partnerships, marketing & digital strategy, channel development, consumer acquisition & PR & communications. Himanshu is a strong proponent of value based ecosystems built on data analytics, robust partnerships and excellent execution. His dream at niyogin is to support the creation of a truly transformative digital organization which helps in nurturing the growth of small businesses in the country.

    Himanshu brings in over 18 years of rich and varied experience, leading steady state and start-up businesses in organizations such as Standard Chartered, PepsiCo, Euronet & PayPal amongst others across FMCG, unsecured consumer credit, digital technology and payments. His previous stints also include setting up the sales blue-print & driving the retail merchant business for Pinpoint Pty limited (now a Mastercard company), a leader in merchant loyalty programs for their entry into the Indian market. His last role was with PayPal where he was the Director for Cross-Border payments, leading SME businesses with particular focus on market-places, channel partners and strategic alliances to bolster the growth of the India portfolio.

    He has completed his PGDM in Business Management from T A Pai Management Institute and B.Com from Nagpur University. In his free time, Himanshu is a voracious reader, practices power yoga, plays cricket and is a budding baker as well.

     
  • Srivaths Varadharajan

    President & Chief Information Officer

    Srivaths Varadharajan - Chief Information Officer at Niyogin

    Srivaths Varadharajan

    President & Chief Information Officer

    At niyogin, Srivaths is responsible for Information Technology – Digital platforms, Applications, infrastructure and information security. Srivaths has become a part of niyogin with the aim of building a world class, information technology-driven financial organisation.

    With 19 years of experience, he has worked across industries like BFSI , Telecom, BPO / KPO and Airline sub division in various functional streams like customer service, operations, financial accounting and strategic planning and delivered projects using standards like COPC, Six Sigma, ISO 9001 and ISO 27001, etc. He has been recognized as top CIO 100 and received accolades for Innovation from CNBC TV18, Skoch Awards. He has also been recognized amongst the top 100 enterprise change agents in the information technology space.

    He is an MBA from K.J. Somaya Institute of Management Studies and Research and has an MDP from IIM Ahmedabad, Certified Six Sigma Green belt and had done his PMP . In his free time, Srivaths likes reading management and self-development books, watching movies, playing tennis and cycling.

     
  • Parag Chopde

    President & Chief Risk Officer

    Parag Chopde - President at Niyogin

    Parag Chopde

    President & Chief Risk Officer

    In his current role, his responsibility encompasses Business Development and Sales, Network Management and Operations, Product Management, Marketing and Channel Development. He is passionate and loves building businesses and seeing them come to life, making MSME clients & all stakeholders happy and seeing them come back. He believes that niyogin will have an impact in building an ecosystem for sustainable, completely digitally supported, and inclusive MSME financing that the user base will love.

    He brings over 24 years of experience in banking & financial services industry. Prior to niyogin he served for around 6 years in the transformation journey of RBL Bank as the Head of MSME Finance, Head Risk – Agri Business, Development Banking & Financial Inclusion Group., Head Risk-Business Banking for RBL Bank, Head Credit & Risk - Exim Bank (T) Ltd., has spent over a decade across various locations & positions with Citi-ABF, Program Risk Head (ABF) for Citi - ELC India & Product Head - Supply Chain Finance for Global Subsidiary Group, Citibank, India.

    Parag holds a Master’s in Commerce, Master’s in Philosophy (Commerce), Master’s in Business Administration from Nagpur University. He enjoys reading, watching cricket & tennis, listening to music in his free time.

     
  • Noorallah Charania

    Chief Operations Officer

    Noorallah Charania - Chief Operations Officer at Niyogin

    Noorallah Charania

    Chief Operations Officer

    Noorallah leads operations for niyogin. What brought him to niyogin was the drive to deliver innovative and technology-based, world class operations by flawlessly executing the business strategy. In his role here, he seeks customer excellence through trustworthy and reliable operations while proactively managing risk.

    He has over 24 years of experience and has held senior positions in various financial organizations such as Aditya Birla Group, RBS and HDFC Bank. His strength lies in his deep understanding of lending transactions including operational experience in taking lending transactions through all aspects of their lifecycle. He utilizes keen analysis, valuable insights and a team approach in carrying out velocity models and applying different methods of time-depth conversion.

    An MBA from Annamalai University with a CAIIB from the Indian Institute of Banking and Finance, Noorallah enjoys cricket, football, music and reading in his free time.

     
  • Vijay Sankar

    Head of Collections

    Vijay Sankar - Head Of Collections at Niyogin

    Vijay Sankar

    Head of Collections

    At niyogin, Vijay is responsible for building and managing our Collections platform, the efficiency and effectiveness of which, is critical to the long-term sustainability of niyogin. He is driven by the philosophy that Collections is highly influenced by use of advanced analytics and a customer friendly approach - by engagement with the customer rather than confrontation.

    With over 18 years of work experience, he joins us from Kotak Mahindra Bank where he was handling the Strategy and Analytics for the Retail Asset Reconstruction Division. He was also the National Resolution Manager for the Small Ticket Personal Loans. Prior to that, he was with ICICI Bank where he led the unsecured Personal Loan Tele-collections and Initial Bucket Collections where he was part of the team incidental in a 40-fold ramp up of seats, over a 6 year period. Vijay has had a brief stint as an entrepreneur in 2000 in Retail Laundry Chain and it is this entrepreneurial streak that has led him to join niyogin.

    Vijay has completed his B.Tech in Mechanical Engineering from Government Engineering College Thrissur and MBA from University of Pune . He is a fan of adventure sports, with sky diving being his adrenalin accelerator of choice, with travelling, reading, giving motivational talks and spending time with family occupying the rest of his free time.

     
  • Mandar Godbole

    Company Secretary & Compliance Officer

    Mandar Godbole - Company Secretary & Compliance Officer at Niyogin

    Mandar Godbole

    Company Secretary & Compliance Officer

    At niyogin, Mandar leads all the legal and secretarial initiatives including compliance with regulatory rules and the Company’s policies and procedures by the Board of Directors, management and employees. He is credited with formulating several legally binding policies. Mandar sees niyogin as an opportunity to be involved in building an organization right since its inception.

    With more than 10 years of experience in handling compliance such as SEBI Regulation, RBI Guidelines, Companies Act, 2013, IPR etc., he has been associated with reputed organizations like Datamatics Global Services Ltd., Gammon India Ltd., Next Mediaworks Ltd. (Radio One 94.3), etc.

    Mandar is an Associate Member of the Institute of Company Secretaries of India and also holds a Bachelor’s Degree in Law from Mumbai University. In his free time, he is an avid reader and loves to travel, watch sports and movies.

     
  • Rumit Dugar

    Head – Strategy, Products & Investor Relations

    Mr. Rumit Dugar - Head – Strategy, Products & Investor Relations

    Rumit Dugar

    Head – Strategy, Products & Investor Relations

    At Niyogin, Rumit is responsible for the strategy, developing new solutions, expanding the product portfolio beyond credit and engaging existing as well as prospective shareholders.

    Rumit brings with him extensive experience over 14 years encompassing technology consulting and institutional equities business. He joins us from IDFC securities where he led the Technology and Telecom research team.

    He started his career with Infosys in 2004 in ERP consulting, specialising in Oracle product suite. He ran the very first implementation of Oracle iStore B2B commerce platform at Infosys. He then moved on to join JP Morgan in their institutional equities business following which he worked with Alchemy and Religare Capital Markets. Rumit has extensive experience in Indian equities, capital raising (IPOs), business analysis with strong focus on technology. At JP Morgan Rumit spent time in London covering European software & services companies along with Indian IT. He has also covered Asian telecoms out of Hong Kong. Rumit has been India’s top rated (Ranked No 1 in Asiamoney) Tech analyst for two consecutive years 2015-2016, and was part of Institutional Investor rated team at JP Morgan.

    Rumit is B.E Computer Science from M.S. Ramiah Institute of Technology, Bangalore and Master in Business Administration in Finance from SP Jain.

  • R. Shanmugham

    Chief Credit Officer

     
    R. Shanmugham -Chief Credit Officer

    R. Shanmugham

    Chief Credit Officer

    Shanmugham is a Commerce Graduate and Chartered Accountant. He brings with him extensive experience over 21 years encompassing unsecured lending, portfolio risk management, loan administration and audit.

    He started his career with Sundaram Finance limited in 1998 where he has worked on automating RBI reporting and then moved on to join ICICI Bank limited in 2000 where he spent 8 years in developing his expertise in underwriting retail/personal loans . He then joined Tata Capital limited as regional credit manager for Business loan in Jan 2008, where he played an influential role in developing the unsecured business loan credit strategy and underwriting process. He was instrumental in creating process, policies, the target market framework, implementing the centralized processing unit for greater control, introduction of scorecards and training the credit managers on the new processes. He joined IIFL in June 2016 where he launched the small ticket program as part of the unsecured business loan program and was responsible for automating the credit decisioning process for small ticket personal loan upto 10 lacs. Shanmugham is responsible for the overall credit decisioning processes, portfolio management, establishing risk acceptance thresholds for products and chair the board appointed Credit Committee.

     
  • Andrews Rajan

    Head-Wholesale Channel and Channel Finance

    Andrews Rajan -Head-Wholesale Channel and Channel Finance

    Andrews Rajan

    Head-Wholesale Channel and Channel Finance

    Andrews come with rich experience of 15 years working in SME lending sector with multiple geographies across Mumbai, Kolkata & entire South India market.Worked with reputed organisation starting with Standard Chartered Bank, Citibank, Edelweiss Finance Ltd & IndusInd Bank. His last stint was with Indusind Bank as Zonal Sales Manager (SME -Business Loans) -South, managing all southern states.

     

Our Board of Directors

Our Board of Directors

  • Amit Rajpal

    Non Executive Chairman & Co-Founder

    Amit Rajpal - Non-Executive Chairman & Co-Founder at Niyogin

    Amit Rajpal

    Non Executive Chairman & Co-Founder

    Amit is Non-Executive Chairman & Co-Founder at niyogin and an expert in the area of financial services investing. He believes that the best business models are built by effectively leveraging under-utilized resources to add value to under-serviced customers. This is in part, what drove him to start niyogin.

    He is currently CEO of Marshall Wace Asia based out of Hong Kong. Marshall Wace is one of the largest hedge fund managers globally in the equities space. Prior to this, Amit worked at Morgan Stanley for 11 years as part of the FIG research group, leading the consistently highly ranked Asian bank’s research franchise and was also responsible for leading the Global bank’s Research team –his talent was recognized early by Morgan Stanley who promoted him to Managing Director (MD) at the age of 30, one of the youngest MD’s in the history of the firm.

    Amit completed his MBA (equivalent) from IIM Calcutta. He is also a qualified Cost and Works Accountant (ICWA) and completed his B.Com from University of Mumbai. He tries to keep fit by playing tennis and is passionate about the game.

     
  • Makarand Patankar

    Promoter Director

    Makarand Patankar - Promoter Director at Niyogin

    Makarand Patankar

    Promoter Director

    Mr. Patankar brings with him over 40 years of multinational experience in Strategic and Financial roles within industry verticals of Financial Services, Pharmaceutical, Healthcare and Retail in organisations such as Glaxo, TATA & TNT.

    He also has a wealth of experience around Network Management as well having pioneered the development of the 3i network across the country. He now facilitates the alignment of the strategic vision, business expansion and delivery mechanisms for the company.

    Over the years, Mr.Patankar has structured and successfully executed several IPOs, EOU-Buy-Backs, Carve-out M&A’s and other deals. He is amongst the most respected thought leaders in the area of financial logistics in India and leads several community programs and philanthropic initiatives.

     

     
  • Kapil Kapoor

    Independent Director

    Kapil Kapoor - Independant Director at Niyogin

    Kapil Kapoor

    Independent Director

    Kapil started his professional career in 1987 with Nestle India Limited. He was also a part of the management team of Bausch & Lomb serving in Russia, Ukraine, East Africa and SAARC region. He re-located to Thailand on becoming the Country Manager of Bausch & Lomb and subsequently got promoted as the commercial director in 1998 with regional responsibility for South East Asia.

    He currently serves as the Chairman and Non-Executive Director of Info Edge (India) Limited, and is also on the Board of Trustees of the International Foundation for Research and Education (Ashoka University).

    He also held the position of Global Chief Operating Officer for Timex Group USA, Inc. from Oct 2009 until May 2013 and various other positions within the Timex Group between 2000 and 2009 such as Managing Director, Chairman, Senior Vice President of the Asia-Pacific Region.

     
  • Sutapa Banerjee

    Independent Director

    Sutapa Banerjee - Independant Director at Niyogin

    Sutapa Banerjee

    Independent Director

    Sutapa has close to 24 years of experience in financial services across large multinational banks - ANZ Grindlays and ABN AMRO. She built and headed several businesses, a well-recognized thought leader in the wealth management space. She headed and successfully built the Private Wealth businesses at both ABN AMRO Bank and Ambit Capital from scratch.

    She was voted one of the ‘Top 20 Global Rising Stars of Wealth Management’ by the institutional investor group in 2007 - the only Indian and one of only two winners from Asia. Under her leadership, as the CEO of Ambit Private Wealth the team won ‘Best Private Bank in India in the 2013' Asia Money polls. She has the laurels of being voted as among the top '50 most Powerful Women by Fortune India in 2012'.

    Sutapa, is an advanced leadership fellow (2015) of Harvard University. Her area of study at Harvard was responsible investing, business practices and the use of a gender lens. She currently works, writes and speaks actively in this space.

    Currently, she is consulting in the wealth, investments management area and is on the board of directors (independent director) for leading companies (JSW Group, IL&FS Group) and non-profits (Oxfam India and Dignity Foundation). She also represents women’s world banking as a nominee director on the board of their investee company Ananya Finance in India.

     
  • Eric Wetlaufer

    Independent Director

    Mr. Eric Wetlaufer - Independant Director at Niyogin

    Eric Wetlaufer

    Independent Director

    Eric earned a B.A. from Wesleyan University, Middletown, Connecticut, is a Chartered Financial Analyst and a certified member of the Canadian Institute of Corporate Directors. He provides counsel as a director, advisor and investor to a range of large public to smaller private companies, with a particular focus on technology and financial sectors.

    As a seasoned institutional investor, Eric most recently was responsible for leading the CPP Investment Board’s Public Market Investments department, a multi-strategy platform of 220 portfolio managers analysts and traders investing globally over C$180 billion in publicly-traded assets and related derivatives for Canadian beneficiaries. Prior to joining CPPIB in 2011, he was Group Chief Investment Officer, International at Fidelity in Boston, Massachusetts. Prior, held the roles of Chief Investment Officer at Putnam Investments and Managing Director at Cadence Capital Management in Boston.

    He currently serves on the Board of Directors of the TMX Group and of Soulpepper Theatre Company and is an advisor to GrainDiscovery, CryptoNumerics and the Aion Foundation and is a past president of the CFA Society Boston.

     
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