Incorporated in December 2018, Arthan Finance Private Limited endeavours to transform small businesses with an objective to provide growth capital to self-employed entrepreneurs, MSMEs in India with innovative products and services blended with local expertise while ensuring seamless and personalised delivery in a highly technology enabled environment. These products will deliver convenient and affordable access to credit to self-employed entrepreneurs and micro enterprises who are by and large excluded from the formal financial sector either directly or indirectly.
Pravash is a seasoned retail banker with 14+ years of rich experience in various fields of banking, specifically to address the requirements of self-employed segment like microfinance, micro-enterprise finance and agricultural finance.
He has been successful in setting up various businesses in inclusive finance segment in different banks and NBFCs and took them to scale. He was also instrumental in developing different systems for salesforce management, customer onboarding, loan management, review/renewal/monitoring & collection of loans and automation of various other processes for bringing in efficiency.
He has earlier worked as COO of Dhanei KGFS, the retail microfinance franchise of Dvara Trust (erstwhile IFMR Trust) and also set up the Small Business Banking (SBB) group at RBL Bank and Swadhaar Finserve a fully owned subsidiary of RBL Bank. Before starting Arthan, he was heading the Micro Enterprise Finance (MEF) products at YES Bank where MEF business was merely an idea. Leading from the front, he started the business from the scratch and took it to a sizeable scale.
He holds a Post Graduate Programme in Rural Management from XIMB and a Master degree in Agriculture Extension from Orissa University of Agriculture and Technology, Bhubaneswar.
Founder & Director
Kunal is a seasoned professional with 12+ years of experience in in Banking and Financing Services sector, primarily focused on inclusive finance segment.
He has been instrumental in building wholesale businesses across asset classes like microfinance, MSME, affordable housing, school finance, gold loans across the country with extensive field coverage.
He has conducted due diligence of over 100+ NBFCs in impact space and originated portfolio of Rs.10,000+ Cr across various asset classes with minimal credit losses. In addition Kunal has extensive experience in portfolio acquisitions, evaluating strategic equity investments in his previous organisation.
His responsibility also included P&L Management, Building liability business at RBL Bank. He has also been one of the leaders in driving digital transactions in the MFI sector. Prior to RBL Bank Kunal has worked with Dhanlaxmi Bank Ltd and Reliance Capital Ltd to set up its Gold Loans, Business loans and Microfinance businesses. He holds a Master in Business Administration (MBA) in Finance and International Business from Institute of Finance and International Management (IFIM) Bangalore.
Chief Technology Officer
An Industry IT veteran, with 25 + years of experience in IT and Operations in Financial Services and last 10 years in IT leadership role. In his previous role as Head of IT-Applications at L&T Financial Services, has led multiple large digital transformation projects. Was responsible for completely Digitizing the Loan Sourcing and Collection of Microfinance business and Two Wheeler Business. Has extensive expertise in Cloud, SAAS based applications, PAAS ,Service Oriented Architecture, API integrations . Has been instrumental in development and deployment of multiple B2C and B2E mobile applications , using both native and hybrid technologies.
Prior to heading IT applications at the large NBFC, he has worked 5 years with Oracle Financial Services and Software and implemented multiple solutions overseas in the areas of Core Banking , Investment Management and Customer servicing. He carries vast experience in technology solutions around Mutual Fund and Wealth Management.
He is a Science Graduate from OUAT and holds a post graduate certification on general Management from IIM,Lucknow.
Gaurav has over 17+ years of diversified experience in Credit Underwriting, Portfolio Management, Credit policy, Credit Administration, Audit, NPA Review and Control and People Management.
Prior to joining Arthan, Gaurav has previously worked as Chief Risk Officer in Unogrowth Technologies Private Limited (Loan Simple) a Fintech Company, as one of the Core Founding members to set up unsecured lending vertical. Prior to Loan Simple he worked as National Credit Manager – Rural Mortgages at Fullerton India , RCM -West at PNB Housing Finance Limited.
Some of his previous stints include working at Kotak Mahindra Bank Ltd, Citi Financial, ICICI Bank and Indusind bank in the retail lending segment in various products right from retail lending, working capital, mortgages and rural segment (JLG,IL and Rural-LAP) .He is a qualified member of ICAI (Chartered Accountant) and also holds Masters Degree in Finance.
Chief Business Officer
Mr. Gowrisankara Alamanda is a versatile leader with 17+ years of experience in rural financial sector In Microfinance and MSME. He has demonstrated experience in building businesses from the grounds up and scaling the businesses at BFIL (formerly SKS Microfinance) and RBL bank. At RBL Bank, he is instrumental in building partnerships, processes and in setting up distribution channels using Business correspondence model as a Product head. He also launched the Domestic remittance businesses at RBL in 2013 with a current monthly transaction of 1400 Cr / month.
He has a diverse experience in Sales, product, P/L management and Audit with team handling capability and introducing technology interventions. At RBL bank as zonal head he built a portfolio of 1700 Cr in East and South geographies managing large teams and distribution network. For a brief period he worked as Head of Audit at RBL finserve (100% subsidiary of RBL bank) and introduced risk based audit and new IT platform for audit.
At Bharat Financial Inclusion Ltd (Formerly SKS Microfinance) he developed a retailer distribution models for working capital finance by enrolling 11,000 retailers.
He holds an MBA from Xavier Institute of Management, Bhubaneswar and Masters in Agriculture from University of Agriculture, Bangalore. He also attended "Strategic leadership program on Inclusive Finance" at Harvard Business School, Boston, USA