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Embarking on our fintech journey in 2018, we have set up a robust presence as a one-stop financial marketplace. From the outset, we have aspired to become one of India's largest and most profitable BFSI organisations, accompanied by a global footprint in digital technology services. We plan to achieve this by becoming “India ka financial supermarket”! We continually seek to forge strategic partnerships with reputed financial institutions, ensuring that we offer the widest array of financial products and services across various providers.
Till date, we have partnered with some of the biggest names in India’s BFSI sector. Some of our esteemed partners include Bajaj Finserv, ICICI Bank, Muthoot Finance, SBI, Aditya Birla Capital, L&T Finance, Axis Bank, Bajaj Allianz, and Quicko. Our primary focus is to provide our customers with a seamless experience, enabling them to achieve their financial goals easily.
We have also established a digital technology services unit, Bajaj Technology Services, which further boosts our digital capabilities in the BFSI Marketplace business. Our technology services businesses thrive on our core competencies in consumer insights, cutting-edge technology, and data analytics. We have also developed a deep-domain expertise via our partnerships with digital technology giants like Adobe, AWS, and Salesforce.
Furthermore, we have established a dedicated business unit to support the digital technology initiatives of all Bajaj Finserv group companies. Our strategy aligns with their digital technology roadmaps, offering competitive digital technology services and platforms.
Ashish Panchal is the Whole Time Director - Chief Executive Officer of Bajaj Finserv Direct Limited (BFSD), which operates under 2 synergistic divisions –
B2C - BFSI marketplace (Bajaj Markets) digitally sources & distributes financial products (loans & credit cards), insurance (LI & GI) & investments (FD, MF, NPS etc.) pan-India via partnerships with 90 Banks & FIs, offering 35 of their products.
B2B - Bajaj Technology Services division works in the digital and enterprise application space offering end-to-end services to customers across&
Ashish Panchal is the Whole Time Director - Chief Executive Officer of Bajaj Finserv Direct Limited (BFSD), which operates under 2 synergistic divisions –
B2C - BFSI marketplace (Bajaj Markets) digitally sources & distributes financial products (loans & credit cards), insurance (LI & GI) & investments (FD, MF, NPS etc.) pan-India via partnerships with 90 Banks & FIs, offering 35 of their products.
B2B - Bajaj Technology Services division works in the digital and enterprise application space offering end-to-end services to customers across the globe to accelerate their Digital Transformation journey – predominantly in BFSI domain.
Ashish is a seasoned professional with experience in manufacturing, FMCG, retail banking, lending and payments industry. Ashish has 25+ years of experience in strategic roles across various business verticals. He has been a part of the Bajaj Finserv group of companies for more than 12 years. Before assuming his role as the CEO of BFSD, he served as the President of Rural, Investment & Insurance Businesses and Corporate Strategy at Bajaj Finance Limited.
Over the years, Ashish has successfully managed start-up businesses and high growth, high scale businesses, that have withstood various economic cycles, to lead them to grow in scale and profitability. He leverages his strong people management skills to drive innovative, customer-centric solutions to business problems.
Prior to joining Bajaj Finance Limited, Ashish held leadership positions at Citibank and Barclays.
Ashish is an alumnus of the Harvard Business School (AMP 200, 2021). He had completed his master's degree in management studies from the Jamnalal Bajaj Institute of Management Studies in 1999 and his Mechanical engineering from Walchand Institute of Technology in 1996.
Ms. Jasmine Chaney is a commerce graduate from Sydenham College and has a master’s in management studies in finance from K.J. Somaiya Institute of Management Studies and Research, Mumbai University. She possesses almost three decades of work experience with CRISIL Limited (now CRISIL Ratings Limited) working on the analytical and business development side. She is also an independent director in one of the BFS group companies.
Ms. Jasmine Chaney is a commerce graduate from Sydenham College and has a master’s in management studies in finance from K.J. Somaiya Institute of Management Studies and Research, Mumbai University. She possesses almost three decades of work experience with CRISIL Limited (now CRISIL Ratings Limited) working on the analytical and business development side. She is also an independent director in one of the BFS group companies.
Anish Amin is the President and head of the overall functions of Risk, Assurance, M&A and Human Resources at Bajaj Finserv Limited. He joined the organisation in 2019 to oversee the assurance and risk function and later took up the Group HR function as an additional portfolio to his present responsibilities. As the Group Head of Assurance and Risk, Anish oversees the risk management process of identifying potential risks that could lead to a capital call or affect the brand's reputation. Additionally, he leads a team of experts to evaluate and oversee the M&A opportunities and propo
Anish Amin is the President and head of the overall functions of Risk, Assurance, M&A and Human Resources at Bajaj Finserv Limited. He joined the organisation in 2019 to oversee the assurance and risk function and later took up the Group HR function as an additional portfolio to his present responsibilities. As the Group Head of Assurance and Risk, Anish oversees the risk management process of identifying potential risks that could lead to a capital call or affect the brand's reputation. Additionally, he leads a team of experts to evaluate and oversee the M&A opportunities and proposals that the Company may encounter. He is a fellow member of the Institute of Chartered Accountants of India.
Prior to joining Bajaj Finserv Limited, Anish was a senior partner at Dalal & Shah (a member of the PwC International Network). He was also a partner in the Assurance Practise at Pricewaterhouse, India and led wide-ranging businesses, including manufacturing, trading, finance and insurance. He was also their sectoral leader in the insurance industry.
In a career spanning over three decades of wide-ranging industry experience and a proven track record in risk management, compliance with accounting standards, company law matters and general regulatory frameworks, Anish leads the task force in driving the Group's commitment towards identification and mitigation of emerging risks.
Read MoreShri Mayur Patwardhan aged 59 years is a Chartered Accountant by qualification and presently a Fellow member of the Institute. He holds a bachelor's degree in law from Pune University. He started his career with Dalal & Shah, Chartered Accountants of which he became a Partner in 2002. Later when Dalal & Shah became a network firm of PwC, he became Associate Director. Retired from the firm in August 2017.
He holds experience of about 32 years in handling audits of large manufacturing companies like Bajaj Auto, Bharat Forge, Kalyani Steels, K
Shri Mayur Patwardhan aged 59 years is a Chartered Accountant by qualification and presently a Fellow member of the Institute. He holds a bachelor's degree in law from Pune University. He started his career with Dalal & Shah, Chartered Accountants of which he became a Partner in 2002. Later when Dalal & Shah became a network firm of PwC, he became Associate Director. Retired from the firm in August 2017.
He holds experience of about 32 years in handling audits of large manufacturing companies like Bajaj Auto, Bharat Forge, Kalyani Steels, Kirloskar oil Engines etc. to name a few. Handled audits of IT companies and service companies. He has also handled various special assignments in relation to due diligence, taxation, amalgamations, and mergers/demergers.
Read MoreMr. Mayur Chokshi is a Practicing as Chartered Accountants for almost 40 years in the name of Mayur Chokshi & Co., JVPD Scheme, Mumbai. As a practicing Chartered Accountant, he has wide-ranging business practice. He has wide multi-sector experience in the Insurance, NBFC, ITES, FMCG, Pharmaceutical, Tele Communication sectors. As a professional, he has advised many companies on Indian Accounting Standards (Ind AS/IFRS), turnaround of sick units, setting up internal control systems, business strategy, streamlining the accounting, etc. He has been advising and mentoring startups too.
Mr. Mayur Chokshi is a Practicing as Chartered Accountants for almost 40 years in the name of Mayur Chokshi & Co., JVPD Scheme, Mumbai. As a practicing Chartered Accountant, he has wide-ranging business practice. He has wide multi-sector experience in the Insurance, NBFC, ITES, FMCG, Pharmaceutical, Tele Communication sectors. As a professional, he has advised many companies on Indian Accounting Standards (Ind AS/IFRS), turnaround of sick units, setting up internal control systems, business strategy, streamlining the accounting, etc. He has been advising and mentoring startups too.
He is also an independent director in another growth-oriented startup company.
He has conducted various training programs, workshops, seminars & lectures in India as well as abroad on topics like Information Technology, Accounting Standards (Ind AS/IFRS), Cyber Crime, Financial Strategies, Forensic Accounting and Fraud Detection. The same was conducted for ICAA, Mumbai Police, SFIO, C&AG, Department of Public Enterprises, NSE, ICAI, BMA, IMC, various management institutions, large corporate houses etc.
A book in two volumes on “IFRS Based Financial Statements – International and Indian based” was published by the ICAI. He has also contributed to “Illustrative Ind AS Financial Statements”, a publication by the WIRC of ICAI.
Mr. Chokshi was also on the committee of Indian Merchants Chambers, Bombay Management Association, ICAI on topics like Cyber Crime, Accounting Standards, Information Technology, business continuity planning, students' welfare, etc.
Read MoreSujith Sukumaran is a Whole Time Director of Bajaj Finserv Direct Limited (Bajaj Markets). He is also the Principal Officer and Designated Director for the Investment Advisory Division. He has 16 years of experience across Business, Compliance, Risk, Audit and Change Management functions in the BFSI Sector. He started his career with National Stock Exchange of India (NSE) in the Inspection and Compliance team and was involved in the setup of Dotex-KRA during his stint in NSE. Sujith is a qualified Chartered Accountant and a bachelor's in commerce from Mumbai University. He is a member of
Sujith Sukumaran is a Whole Time Director of Bajaj Finserv Direct Limited (Bajaj Markets). He is also the Principal Officer and Designated Director for the Investment Advisory Division. He has 16 years of experience across Business, Compliance, Risk, Audit and Change Management functions in the BFSI Sector. He started his career with National Stock Exchange of India (NSE) in the Inspection and Compliance team and was involved in the setup of Dotex-KRA during his stint in NSE. Sujith is a qualified Chartered Accountant and a bachelor's in commerce from Mumbai University. He is a member of the Institute of Directors and holds certifications in Securities Law and Investment Advisory from NISM and has a Green Belt Certification in Six Sigma.
Shri Anurag Chottani is currently designated as Chief Operating Officer at Bajaj Finance Limited, where he oversees company’s Information Technology, Digital Platforms and Corporate Strategy. He also serves as director in Snapwork Technologies Private Limited (an IT services company) and Pennant Technologies Limited where Bajaj Finance Limited is both a partner and an investor.
Before joining Bajaj Finance Limited, Anurag had worked extensively with 3i Infotech in development and presales roles, where he had implemented a range of solutions for clients in multiple geographies
Shri Anurag Chottani is currently designated as Chief Operating Officer at Bajaj Finance Limited, where he oversees company’s Information Technology, Digital Platforms and Corporate Strategy. He also serves as director in Snapwork Technologies Private Limited (an IT services company) and Pennant Technologies Limited where Bajaj Finance Limited is both a partner and an investor.
Before joining Bajaj Finance Limited, Anurag had worked extensively with 3i Infotech in development and presales roles, where he had implemented a range of solutions for clients in multiple geographies.
Ashish Panchal is the Whole Time Director - Chief Executive Officer of Bajaj Finserv Direct Limited (BFSD), which operates under 2 synergistic divisions –
B2C - BFSI marketplace (Bajaj Markets) digitally sources & distributes financial products (loans & credit cards), insurance (LI & GI) & investments (FD, MF, NPS etc.) pan-India via partnerships with 90 Banks & FIs, offering 35 of their products.
B2B - Bajaj Technology Services division works in the digital and enterprise application space offering end-to-end services to customers across the globe to accelerate their Digital Transformation journey – predominantly in BFSI domain.
Ashish is a seasoned professional with experience in manufacturing, FMCG, retail banking, lending and payments industry. Ashish has 25+ years of experience in strategic roles across various business verticals. He has been a part of the Bajaj Finserv group of companies for more than 12 years. Before assuming his role as the CEO of BFSD, he served as the President of Rural, Investment & Insurance Businesses and Corporate Strategy at Bajaj Finance Limited.
Over the years, Ashish has successfully managed start-up businesses and high growth, high scale businesses, that have withstood various economic cycles, to lead them to grow in scale and profitability. He leverages his strong people management skills to drive innovative, customer-centric solutions to business problems.
Prior to joining Bajaj Finance Limited, Ashish held leadership positions at Citibank and Barclays.
Ashish is an alumnus of the Harvard Business School (AMP 200, 2021). He had completed his master's degree in management studies from the Jamnalal Bajaj Institute of Management Studies in 1999 and his Mechanical engineering from Walchand Institute of Technology in 1996.
Narayan is the President of the Digital Technology Services at Bajaj Finserv Direct Limited. In his current role, he is responsible to build a long term profitable digital technology business services unit for Bajaj Finserv Direct Ltd.
Narayan specializes in business growth, digital transformation solutions, cross-border team leadership, and forming long-lasting relationships with customers and partners. He has provided innovative and financially sound solutions to worldwide business challenges and prides himself on his ability to build diverse, high-performing teams that are committed to customer success.
He has over three decades of experience working with leading industrial players in strategic, operational, and P&L roles. Having lived in multiple countries across various continents, Narayan has a thorough understanding of the cultural nuances of each of these markets.
Previously, Narayan has held prestigious positions at Cognizant–Vice President & Country Manager (ANZ), Head of Sales (APAC), Country Manager (India and Middle East)–among others. Narayan has completed his MBA & received his Bachelor of Science degree from the University of Mumbai.
Shashidhar is the Chief Operating Officer of Bajaj Finserv Direct Limited and a part of the leadership team that transformed the company into a leading financial services marketplace. With his expertise, the business is now expanding to offer technology services for clients in India and abroad to accelerate their digital transformation journey.
Shashidhar has played a major role in developing the business model and creating an underlying cloud first technology platform to deliver a differentiated customer experience. Most recently, he scaled the technology services team to 300+ delivering to Bajaj Finserv Group companies’ digital transformation programs. He is passionate about bringing together customer experience, technology, and domain expertise to help clients realize their strategic ambitions.
With over 20 years of consulting and industry experience, Shashidhar brings a wealth of knowledge to the table. He demonstrated exceptional leadership skills in his previous roles as Assistant Vice President of the Digital Consulting Business at Cognizant and Senior Principal at Infosys Consulting.
Shashidhar has experience in working with clients from various regions like the US, Middle East, SE Asia, and India, and has helped them overcome the challenges of digital transformation. He holds an MBA degree from Indian Institute of Management Calcutta (IIMC) and a bachelor’s degree in chemical engineering from IIT (BHU) Varanasi.
Sourabh is the Executive Vice President and a founding member of Bajaj Finserv Direct Limited who has played a crucial role in building the businesses and digital properties from square one. As the head of the marketplace business (Lending, Cards, Insurance & Investments) & digital marketing, he oversees the development of its strategy, growth, and financial performance.
With a rich experience of over 20 years in financial services and consulting, he possesses a profound understanding of industry dynamics, customer requirements, and partner expectations, making him an industry expert. Sourabh has previously led multiple strategic initiatives, managed client relationships, and delivered projects for global BFSI clients during his 17-year tenure at Tata Consultancy Services.
Before his current role, Sourabh was the Group Business Head of the lending marketplace for secured and unsecured lending products at BFDL. He tackled this responsibility with tact and skill, building a lending book worth ₹8000 Crores. Additionally, he managed the entire lending lifecycle, oversaw the development of an open architecture loans marketplace, and successfully partnered with 30+ lending partners.
An alumnus of Devi Ahilya University (Indore University), Sourabh believes in creating a customer-centric, transparent, and seamless platform that offers affordable and high-quality financial solutions to everyone.
Ranjit is the Chief Technology Officer of Bajaj Finserv Direct Limited and has over 27 years of experience as a strategic leader in the Information Technology sector. His mission is to set the technology vision and digital transformation strategy of the company and align it with the company's business goals.
He has extensive experience directing cross-functional teams to ensure effective execution of strategies to enable business growth. A pioneer of leadership & strategy, Ranjit has managed multiple portfolios in the BFSI industry across the globe. In the past, he has worked with Cognizant for more than 14 years in eminent roles after over a decade’s experience in TCS.
Ranjit has exceptional proficiency in initiating programmes that optimise operations and promote forward-thinking. He is not only proficient in the fundamentals of technology, but also highly adept at applying them to real-world situations. This makes him an invaluable contributor to the success of the business.
As an experienced team leader, he is primarily focused on acquiring and nurturing top-performing executives, cultivating teams that deliver unparalleled technology solutions and services to clients, and fostering an environment of excellence. Ranjit obtained his degree from K J Somaiya College of Engineering, Bombay University, in 1994.
Sayan is the Head of Marketing at Bajaj Finserv Direct. As a part of the founding team that built this entity, he is responsible for expanding the digital presence and orchestrating a culture of digital excellence for driving the company's growth.
Passionate about all things digital, he looks at shaping online strategies to match consumer intent with financial solutions.
He is responsible for building key digital capabilities and consumer facing platform/channels like the website, mobile app and social media to drive business outcomes.
Sayan has set up a high performing team to build data-driven insights and craft the digital consumer experience by leveraging UI/UX principles, content and brand narratives. He is responsible for building the digital business via SEO, App Marketing and Performance Marketing campaigns aided by Web Analytics, CRO and Marketing Automation practices.
He is also responsible for using an Integrated Marketing approach to build the brand presence for the Digital Technology Services business and help drive C-level engagements in India and abroad.
In a career spanning over two decades, Sayan has driven growth marketing mandates with notable brands spanning across financial sector and media besides leading high impact stints with the premier network agencies in the digital marketing space.
Sayan completed his Bachelor of Science in Physics from the University of Calcutta and received his Post Graduate Diploma in Management from the Indian Institute of Management, Calcutta.
Shantanu is the Chief Human Resources Officer and an integral member of the Senior Management Team at Bajaj Finserv Direct. He leads a team of skilled HR professionals and fosters an environment of growth and success for all employees. Collaborating with top executives, he supports the company's strategic vision to move forward and achieve unprecedented success.
Shantanu is a skilled HR leader with strong business acumen to navigate complex situations. He has the ability to take quick decisive actions in dynamic and high-pressure situations.
Shantanu is a seasoned HR professional with over 20 years of global experience in the Information Technology and Services industry. Previously, he has held leadership stints at Syntel, Bristlecone, SMFG India Credit (formerly Fullerton India), and EXL. He has a successful track record of leading and managing teams, with exceptional planning and execution.
Shantanu is an alumnus of the Institute of Management Development and Research (IMDR) and Symbiosis Institute of Business Management (SIBM), Pune and a certified Strenghthscope & MBTI administrator.
Prateek is the Head of Credit and Operations at Bajaj Finserv Direct. and a part of the core management team. He oversees the functional responsibilities of Risk Management, Underwriting, Operations, Customer Service, and Collection & Analytics. He has proved invaluable in creating a best-in-class financial marketplace that offers a myriad of products across Loans, Payments, Insurance, and Investments.
With a professional experience of more than 18 years in mortgage and unsecured loans, his exposure to different functions makes him an expert in his current role. Besides being highly skilled in various arenas of Credit, his proficiency also extends to Financial Analysis, Corporate Finance, and Management Information Systems, which he uses for operational success.
Previously, Prateek has held senior positions in Bajaj Finance Limited, GE Money, and ICICI Home Finance. He is a recipient of the prestigious Nanoo Pamnani Award for Customer Obsession, a Bajaj Finserv Group Leadership Award, in 2023 and 2020. He has also received the Excelsior Club Award in 2013 and 2016, and the Champion Award in 2013.
In terms of academia, Prateek studied as a CA from the Institute of Chartered Accountants of India (ICAI) and completed his Executive Program in Applied Finance from IIM Calcutta.
Anshuman is the Head of Finance at Bajaj Finserv Direct. and a key member of its management team. He is one of the founding members of the Company and has played an important role in its evolution and growth.
He oversees Finance, Taxation, Planning, Board Management and Treasury functions for the Company with particular focus on process improvements to buffet the bottom line.
He brings in about 2 decades of extensive and rich experience in finance from his exposure to the sectors of general insurance, construction, wealth management and financial distribution. He has held senior roles at Bajaj Financial Solutions Limited (Head of Finance), Bajaj Allianz Financial Distributors Limited (Head of Operations), and Bajaj Finserv Limited (National Manager - Finance).
He is a Chartered Accountant and a Bachelor of Commerce by qualification.
Manish is the Head of the Legal Department at Bajaj Finserv Direct. and responsible for all legal functionalities of the company. He is also the Chairperson and Member of Internal Committees. A highly skilled legal professional, he has expansive experience in key areas like Legal Tech, Risk, Audit, Litigation, Security Creation, Resolution, Recovery, Investigations, Regulatory and Statutory Compliance, etc.
He has exceptional proficiency in legal risk management and is skilled at solving complex problems. Besides his ability to remain composed and level-headed even in high-pressure situations, he also possesses a deep understanding and sharp expertise in the industry.
Manish sports a career spanning for over 16 years in a plethora of industries such as E-commerce, Fintech, Trade Finance, Retail and Corporate Banking, Project Finance and Technology Services. Before joining the company, he was the Chief Legal Manager at ICICI Bank, Legal Head of Commercial Banking at Bandhan Bank, and the Legal Director at Ninjacart.
His comprehensive understanding of the business, combined with his technical expertise, makes him an expert in his field. Manish received his Bachelor of Laws (LLB) degree from Balasore Law College and went on to complete did a his Master's in Business Law from the National Law School of India University, Bengaluru. He has also completed Master’s in Business Administration from ICFAI University.
Sujith Sukumaran is a Whole Time Director of Bajaj Finserv Direct Limited (Bajaj Markets). He is also the Principal Officer and Designated Director for the Investment Advisory Division. He has 16 years of experience across Business, Compliance, Risk, Audit and Change Management functions in the BFSI Sector. He started his career with National Stock Exchange of India (NSE) in the Inspection and Compliance team and was involved in the setup of Dotex-KRA during his stint in NSE. Sujith is a qualified Chartered Accountant and a bachelor's in commerce from Mumbai University. He is a member of the Institute of Directors and holds certifications in Securities Law and Investment Advisory from NISM and has a Green Belt Certification in Six Sigma.
Pune, Maharashtra, India
Bajaj Markets has joined hands with SBI General Insurance to offer consumers motor and health insurance plans. One can purchase SBI General Insurance policies starting at a nominal price of Rs 53 with coverage options ranging up to Rs 2 crore. These plans are available to purchase on the Bajaj Markets platform.
Pune, Maharashtra, India
Bajaj Markets, a subsidiary of Bajaj Finserv, has collaborated with Ujjivan Small Finance Bank to provide the bank’s fixed deposits (FDs). This opportunity allows individuals to earn interest of up to 8.25%, with an additional 0.50% interest specifically for senior citizens.
Pune, Maharashtra, India
Bajaj Markets, a subsidiary of Bajaj Finserv, helps individuals gain instant access to funds through personal loans. 15+ leading lenders in India offer personal loans on the platform. Salaried and self-employed applicants can get hassle-free access to instant personal loans with swift approvals and instant disbursals, that can be used to fulfil diverse financial needs.
Pune, Maharashtra, India
Bajaj Markets, a subsidiary of Bajaj Finserv, facilitates free CIBIL score checks for its users. This service enables individuals to gain insights into their credit history, enabling them to make informed financial decisions.
Pune, Maharashtra, India
On the occasion of International Women's Day, Bajaj Markets, a subsidiary of Bajaj Finserv reaffirms its commitment to empowering women through accessible financial solutions. It offers 30+ credit cards that can support women with their financial needs, with exclusive benefits, rewards, or flexible payment options.
We have joined hands with over 60 banks, insurance providers, and financial institutions, to provide our customers with an unparalleled choice and convenience of over 1,300 financial products. As a strong and reputable brand with a long-term orientation, we provide tremendous stability and freedom to innovate.
In the financial year 2023-24 alone, we expanded our marketplace partnerships from 47 to 81, solidifying our position in the industry. Our customers can use our website and mobile app to browse, choose, and apply for their preferred financial products quickly and conveniently. Our success is attributed to an efficient and passionate team of highly skilled domain specialists across financial services and technology, numbering over 1,600 professionals.
With a growing network of partners across businesses, we strive to keep challenging ourselves, so that we can achieve and surpass our standards of excellence regularly. This enables us to deliver cutting-edge technology services to clients, thereby facilitating their success across India and international territories. In this manner, we are also propelling our ambition to become a large-scale, profitable digital technology services provider.
Our Technology Services business is geared to offer six key core offerings: Digital Applications, Customer and Enterprise Solutions, Data Engineering, Analytics Services, Quality Assurance and Automation, and Managed Cloud Services. Our well-defined strategy is to emerge as a leading digital technology services provider from India in the financial services sector, driven by deep domain expertise and exceptional execution capabilities.
Download and read the Annual Report of Bajaj Finserv to know how it has grown over the past few years.