Gurgaon-based digital lending platform Indifi Technology has appointed Sangram Singh, former chief executive officer of Freecharge, as president.
Singh will business growth to ensure scalability, strengthen existing segments and establish partnerships and new alliances, the company said in a statement.
“The small business segment offers a significant opportunity for the expansion of financial services, especially access to credit. With the increasing adoption of technology by small business, a unique opportunity to leverage data and platforms to drive innovation in product, distribution and credit is getting created. I am thrilled with this association and I look forward to working at Indifi to bring innovative solutions to our business partners and customers,” Singh said.
Singh, an Indian Institute of Management (IIM) Calcutta alumnus, has also worked with Citibank and Axis Bank.
“We believe that Sangram’s rich domain experience will help create a high-performance culture, inspiring the team to strive more passionately towards capturing market niches and delivering market firsts. Sangram will be a valuable addition to the team, helping further our long-standing vision and creating new milestones for all of us, and we heartily welcome him on board,” said Alok Mittal, chief executive officer and co-founder, Indifi.
The company has disbursed more than 15,000 loans across over 200 cities by leveraging its network of more than 20 lenders and over 80 partners, the statement said added.
Indifi Technologies, founded in 2015 by Mittal, Siddharth Mahanot and Sundeep Sahi, enables debt financing for small businesses. It aims to improve the experience for borrowers regarding credit access as well as speed and convenience of the loan process.