Credgenics Expands its Leadership Team to Drive Next Phase of Growth

• Focus on channelizing innovation and harnessing strong support from the banking community
• Strengthening of multiple functions to augment the pace of global expansion

New Delhi, 2 June 2022: Credgenics, the leading provider of SaaS based collections and debt-recovery technology platform worldwide, today announced the expansion of its core leadership team as part of its next phase growth plan for existing markets and entry into global markets. New additions to the Credgenics leadership team include Vibhor Singhal as Head of Engineering, Nitin Garg as Head of Marketing, Asvini Krishnan as Head of Finance, Manjari Lakshmanan  as  Head of Product,  Aakash  Agarwal  as Head  of Data  Science,  Sukhpreet  Singh  as  Head of  HR,  and Abhishek Sharma as Director of Sales.  

In  addition to  the  leadership  team,  Credgenics  also  plans  to  hire over 100  new professionals across technology, data science,  strategy,  sales,  finance,  support,  and  operations  verticals  over  the  next  12  months.  The  growing urgency among banks for digitization in loan collections and strong support for the platform from the banking and finance community in India has helped Credgenics gain rapid market share in India.

Leadership Team Additions

Vibhor  Singhal,  who  comes  with  over  a  decade  of  extensive  experience  in  building  core  technology platforms,  leading  engineering  teams,  and  establishing  an  agile  work  culture,  has  joined  as  Head  of Engineering  

Nitin  Garg,  with  more  than  a  decade  of  proven  expertise  in  strategically  marketing  complex  enterprise technology solutions for BFSI across diverse markets worldwide, is on-board as Head of Marketing  

Asvini Krishnan, an expert in financial planning and management with experience of more than 15 years has joined as Head of Finance  

Manjari  Lakshmanan,  with  a  track  record  of  building  technology  platforms  from  scratch,  championing product visions, and devising roadmaps over more than 11 years of expertise, is aboard as Head of Product

Aakash  Agarwal has  joined  as  Head  of  Data  Science  to  drive  the  enrichment  of  ML  capabilities  and  the broader data science vision at Credgenics by leveraging his more than 11 years of expertise

Sukhpreet Singh has joined as Head of HR with focus on driving a people-centric culture and establishing a strong values driven framework building on his more than 11 years of experience  

Abhishek Sharma, with more than 13 years of diverse experience in Solution Sales, Technology Consulting, and Business Advisory is onboard as Director of Sales, to drive Credgenics’ rapid business expansion

Commenting on the leadership expansion, Rishabh Goel, Co-founder and CEO, Credgenics said, “The banking and fintech ecosystem  is  rapidly  understanding  the  value  of  automating  debt  collections  and  resolutions  spurred  on further by evolving business needs, rising customer expectations and enhanced regulatory push from the RBI. The business value that we are delivering to our existing customers combined with our continued focus on innovation is helping us grow at a past pace. The new leadership team will propel us into the next orbit of growth.”

Anand Agrawal, Co-founder and CTO, Credgenics said, “The strong demand for a mature, comprehensive and end-to-end digital platform in collections that we have seen over the past one year is extremely encouraging. We are looking at further enhancing our pace of disruptive innovation and adding more value to our customers through new use cases and increasing focus on ML and data science capabilities. Addition of the leadership team with diverse expertise and skills will help us move ahead in our vision to establish Credgenics as a global leader in the debt recovery space.”

About Credgenics  

Credgenics is a leading provider of loan collections and debt recovery technology solutions for Banks, NBFCs, ARCs & Digital lending firms worldwide. Credgenics’ SaaS platform helps lenders with end-to-end  digitized  loan collections through a mix of AI-led digital communications, litigation services, integrated payments platform, and a  feet-on-street  app  for collection agents.  With  Credgenics,  lenders  have  boosted  their  collections  efficiency, enhanced the recovery rates and transformed their customer experiences.