MSME lender names Rajiv Sabharwal as its strategic advisor

Finova capital, a NBFCs based out of Jaipur, Rajasthan announced its association with Rajiv Sabharwal, as the strategic advisor

Must Read

How to choose an effective DDoS mitigation plan

There are several flavours from which to choose when selecting an effective DDoS mitigation strategy. Most enterprises opt for one of the cloud protection flavours (always-on or on-demand)

How tech bolster security of online gaming platforms

The rise of online and is evident throughout the world’s financial capitals with the UK, US, and a few other European nations at the forefront

Explained: The evolving nature of cybersecurity threats

Concerns such as hacking and the presence of computer viruses have existed for decades in one form or another. As technology evolved over the years, so did the cybersecurity  threats themselves.

, a NBFCs based out of Jaipur, Rajasthan and floated by ex-senior banker, , announced its association with , as the strategic advisor. Sabharwal, currently partner at the True North Managers LLP will be involved in the overall business strategy, growth and development of Finova capital.

Prior to joining True North, Rajiv was an  Executive Director on the board of  ICICI bank where he was responsible for several businesses including Retail banking, Business banking, Rural/ Financial Inclusion Business, Digital Bank and Technology. He has been a leading figure in the Real Estate/ Housing Finance industry and is credited with growing the housing finance industry and making ICICI Bank the leading home loan provider. He has also been a part of different RBI and IBA committees on Banking.

“It gives me immense pleasure to welcome Rajiv Sabharwal as our Strategic Advisor. Rajiv brings a wealth of experience in the banking and financial domain, which is going to be vital for us across a range of sectors, including strategic direction, credit & customer understanding, and the network of relationships in the industry,” Mohit Sahney, MD & CEO of Finova Capital said.

Founded in 2015, Finova capital is NBFC focusing on MSME lending. The idea of Finova capital germinated with a belief that, if supported well, then the MSME can play a pivotal role in growing Indian economy. “We at Finova believe that by supporting and creating enabling opportunities for micro & small business, lives can be enriched & communities can be transformed. The company’s aim is to reach out to the financially-excluded, unorganised, and unreached MSME sector” added Sahney.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

Leave a Reply

*The moderation of comments is automated and not cleared manually by techobserver.in. Embedding of any link and use of abusive or unparliamentary language are prohibited.
- Advertisement -

Latest in TECH

Sapience Analytics signs distribution agreement with Redington

Sapience Analytics and Redington said that they have entered into a distribution agreement where latter will resell the Sapience Vue solution through its network of over 30,000 channel partners, system integrators, and value-added resellers countrywide.
- Advertisement -SAP Hana

Related Articles