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

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.

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.

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.

Agility

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

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.

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

  • Arnab Bhattacharya

    President

    Arnab Bhattacharya - President at Niyogin

    Arnab Bhattacharya

    President

    Arnab leads strategy, risk, finance, technology and data sciences at niyogin. He loves building businesses and has done it successfully several times in the past. He truly believes that empowering the SME segment can drive growth in India and streamlining access to capital is one of the steps towards doing so. At niyogin, he saw the opportunity to build a such a business. He is a strong votary of the view that data and technology can play a very crucial role in solving real world problems.

    He has over 19 years of experience in banking and financial services across Asia. His previous experiences include working with HSBC, Citigroup and ANZ as well as running his own firm Goalkeep Advisors. He built Citi's C2B cash management proposition, led the roll out of Citi Direct in India and in his role as the Head of Global Banking for South India, he successfully led a number of marquee capital market and M&A transactions. He worked with Mubadala and Khazanah, through his own advisory firm, to help establish a new special economic zone linking Malaysia and Singapore. At ANZ he was the Head of Commercial Banking for Greater China and led the commercial banking strategy across Asia-Pacific and was a member of ANZ Hong Kong’s management committee and associated governance forums as well as ANZ's global balance sheet management committee.

    He is an MBA from FMS, Delhi University, a serious Arsenal fan and loves football. He also loves reading, listening to music, cooking and anything to do around food. Besides this, he enjoys swimming, pilates, running, playing tennis and most racquet sports.

     
  • Parag Chopde

    President

    Parag Chopde - President at Niyogin

    Parag Chopde

    President

    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.

     
  • Himanshu Rajpal

    Chief Business Development Officer

    Himanshu Rajpal - Chief Business Development Officer at Niyogin

    Himanshu Rajpal

    Chief Business Development Officer

    As the Chief Business Development 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

    Chief Information Officer

    Srivaths Varadharajan - Chief Information Officer at Niyogin

    Srivaths Varadharajan

    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.

     
  • 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.

     
  • R. Swaminathan

    Chief Credit Officer

    R. Swaminathan - Chief Credit Officer at Niyogin

    R. Swaminathan

    Chief Credit Officer

    R. Swaminathan’s role at niyogin is credit and risk assessment. He came onboard with the vison of driving a completely automated credit and risk process for the unsecured lending business line at niyogin. He also believes that moving from conventional, judgement-based decisioning to scorecard decisioning will not only ensure accuracy but also result in quicker Turn Around Time, thereby greatly enhancing customer experience.

    With about 17 years of industry experience. He has worked as National Credit Manager for Capital Float and Regional Credit Manager for Magma Fincorp Limited. He has also worked with other financial services companies such as Tata Capital Financial Services Limited and ICICI Bank Ltd. In the past.

    He has a Bachelors in Commerce and enjoys playing cricket, going for long drives and photography 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.

     
  • Sandeep Kumar

    Chief Financial Officer

    Sandeep Kumar - Chief Financial Officer at Niyogin

    Sandeep Kumar

    Chief Financial Officer

    In his role as CFO, Sandeep is responsible for the build out of the finance organization encompassing financial planning, accounting, funding/ALM and treasury management. Outside of the core finance function, he will provide assistance from an overall business planning standpoint and leverage his experience in the strategic build out of our organisation going forward. He joined niyogin to participate in the exciting fintech start up space in India.

    Prior to joining niyogin, he worked with marquee companies including ICICI Group, IDBI Bank, KBC Bank, Intelenet Global, BSE, MCX with wide experience in and outside India. Sandeep has over 25 years of experience in leadership roles in finance and consulting domain.

    Sandeep is a rank holder Chartered Accountant and a commerce graduate from Mumbai University. He likes travelling, enjoys listening to music and spending time with his daughter.

     
  • Kapil Kini

    Head of Sales

    Kapil Kini - Head of Sales at Niyogin

    Kapil Kini

    Head of Sales

    Kapil leads Sales at niyogin. In niyogin his role is to develop and lead a nationwide Sales & Distribution network and grow niyogin's footprint in the SME segment. He will be focused on establishing productive and professional relationships aimed at achieving sustained competitive advantage and delivering top-notch customer experience.

    Kapil's dream at niyogin is to build the most robust, effective and best in class Sales delivery model and thus differentiate niyogin as an admired financial services partner and provider of innovative financial solutions to SMEs in India.

    Kapil brings with him rich experience across various functions like BP&A, Marketing, Branch Operations, Sales Management and Sales Strategy. He started his career in USA and worked over 9 years with Citigroup in their Mortgage business both in USA and in India. His last stint with Citigroup was as Regional Head for West & Central markets managing direct sales in Citibank's Mortgage business in India. In his last assignment, Kapil was Senior Vice President managing a SBU/Profit Center in Mumbai in the SME Mortgage business in Religare Finvest Ltd (RFL).

    Kapil holds a Master’s degree in Business Administration from University of Massachusetts, Boston. He is an ardent music lover and spends his free time listening to music as well as singing Bollywood numbers. He is also extremely passionate about travelling and wishes to traverse the globe with his family.

     

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.

     
  • Sucheta Dalal

    Independent Director

    Sucheta Dalal - Independant Director at Niyogin

    Sucheta Dalal

    Independent Director

    Sucheta is considered one of the best known names in investigative journalism. She was awarded the Padma Shri by the Government of India in 2006 for her outstanding investigative journalism spanning over two decades including exposing the Harshad Mehta scam in 1992.

    In 1993, she was awarded the Chameli Devi Award for outstanding journalism as well as Femina's Woman of Substance Award after breaking the Harshad Mehta scam story. Sucheta has worked with some of India's leading newspapers. She was the financial editor of The Times of India, Consulting Editor with Indian Express and Financial Express. She has also worked with The Economic Times and Business Standard.

    She has served as a member of the NR Narayana Murthy committee on Corporate Governance in 2003, and a member of the primary market advisory committee of the SEBI. She also takes active interest in consumer and investor related issues and was a member of the Investor Protection and Education Fund set up by the Government of India under the Department of Company Affairs. She currently directs the socially-oriented reporting at Moneylife, the Foundation's activities and grievance redressal activities.

     
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