Former Paytm Payments Bank’s CFO Mukund Barsagade joins Lendingkart Group

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Former Paytm Payments Bank’s CFO Mukund Barsagade joins Lendingkart Group
Former Paytm Payments Bank’s CFO Mukund Barsagade joins Lendingkart Group

Mukund Barsagade said, “The lending tech space for MSMEs is a fast-growing opportunity, and joining Lendingkart, which is a leader in the space, is extremely exciting. I look forward to working with the team, and together, we will surely aid in achieving the company’s goal of simplifying finances for MSMEs across the country.”

Mukund Barsagade has been appointed as the Group Chief Financial Officer (CFO) of Lendingkart Group, the company said on Wednesday.

Barsagade has 28 years of expertise in the IT and BFSI industries.

Barsagade served as CFO for Paytm Payments Bank before joining Lendingkart. He has held positions with Transamerica, GE Capital, Experian, Utkarsh Small Finance Bank, and Fino Payments Bank in the past.

According to a release, Barsagade will be heading the Finance, Capital Markets, Legal, and Secretarial departments in his new position.

Harshvardhan Lunia, Founder and CEO, Lendingkart Group, said, “Mukund’s deep financial and business experience, strategic acumen, and leadership qualities make him a vital addition to our team. He will be critical in helping to drive the step-up in Lendingkart’s performance that we are all determined to deliver. We look forward to working with him to deliver the action plan we have set out to drive our growth and realise our potential.”

Mukund Barsagade, Group CFO, Lendingkart Group, said, “The lending tech space for MSMEs is a fast-growing opportunity, and joining Lendingkart, which is a leader in the space, is extremely exciting. I look forward to working with the team, and together, we will surely aid in achieving the company’s goal of simplifying finances for MSMEs across the country.”

Mukund has a Diploma in International Financial Reporting from the Association of Chartered Certified Accountants (ACCA), UK, and is a qualified chartered accountant.

EvolutionX Debt Capital recently provided Rs 200 crore in debt finance to Lendingkart Group.

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