$50m from Series B and Sridhar to strengthen growth roadmap
Noida-headquartered Credgenics, having achieved US$50 million Series B funding round led by Westbridge Capital and Accel, Credgenics is moving ahead on its growth agenda in the BFSI sector.
The leading provider of advanced loan collections and debt resolution technology solutions for Banks, NBFCs, ARCs, and Digital Lending firms worldwide, has appointed BFSI veteran R. Sridhar as a Strategic Advisor to further strengthen its growth roadmap.
Sridhar’s appointment comes at a critical juncture for Credgenics as the company aims to further expand its footprint in the financial services industry and explore more innovative use cases in debt management.
Sridhar will assume the pivotal role of providing strategic inputs and harnessing his profound expertise in the banking industry to empower Credgenics in its quest to fortify its market presence.
As a visionary luminary in India’s BFSI sector, Sridhar will channel his wealth of business insights and leadership proficiency to solidify Credgenics’ presence in the industry.
With his extensive background in financial services and astute acumen in general management, R. Sridhar brings an unparalleled depth of knowledge and insights to guide the Credgenics team.
“Sridhar’s exceptional professional experience and sharp acumen pertaining to the financial services sector will be invaluable as we continue to expand our presence and offer innovative solutions to our clients,” Rishabh Goel, Co-Founder & CEO of Credgenics, said on 1 Nov 2023.
Credgenics works with more than 100 customers and touched an overall loan book worth US$60 billion in FY23. It handles 11 million retail loan accounts and sends 60 million digital communications every month. Fiinews.com
