One of India’s new-age Fintech, SMEcorner under the tradename of DigiKredit Finance has announced Mr. Vinit Barve as a Chief of Strategy and Investor Relations. Vinit Barve has more than 14 years of experience and his current role in the NBFC will be centered around growth strategy & fundraising initiatives.
SMEcorner is a Fintech lender, that helps SMEs in India meet their working capital needs with collateral-free business loans in just 24 hours. Headquartered in Mumbai, SMEcorner has lending operations across 50 locations. It is an RBI registered NBFC under the trade name DigiKredit Finance. SMEcorner has disbursed loans worth ₹750+ cr and has more than 12,000 customers.
SMEcorner is disrupting the structural challenges of MSME lending in India by leveraging proprietary tech and data science that solves the complex SME underwriting problem. The company uses a proprietary online platform that combines machine learning, data science, and artificial intelligence to provide a seamless and fast customer experience.SMEcorner deals in products like Unsecured Business Loans and Loan Against Property. They have a proven principal and platform lending business model at scale, along with a superior focus on risk management and collections.
Vinit prior to joining SMEcorner, has served as an investment banker with Investec India, where he used to head the Fintech vertical. He spent about 7 years advising various clients in lending, insurance, insurance broking, and payments. Prior to Investec, he was a part of the BFSI Investment Banking team at Ernst & Young. Vinit holds a Post Graduate Diploma in Business Administration from IIM Ahmedabad.
Speaking on the appointment, Samir Bhatia, Founder & CEO, SMEcorner said, “We are excited to have Vinit on board in a leadership role. He joins SMEcorner at an exciting time where the company is poised to grow exponentially in the coming years. Our organization will greatly benefit from Vinit’s acumen and knowledge in strategy and investor relations, which he has accumulated over the years working in various financial domains. We wish him very best and success in his new role.”