Mukund Barsagade, formerly the chief financial officer at Paytm Payments Bank Limited (PPBL), has transitioned to fintech firm Lendingkart as the group CFO. In his new role, Barsagade will oversee finance, capital markets, legal, and secretarial functions, contributing significantly to the company's growth trajectory.

Having joined PPBL in September 2022, Barsagade brought extensive experience in financial management to the table. Prior to his tenure at PPBL, he served as CFO at Utkarsh Small Finance Bank and Fino Payments Bank, and held leadership positions at notable organizations such as GE Capital, Experian, and Transamerica.

Expressing his enthusiasm for the new opportunity, Barsagade highlighted the dynamic landscape of lending technology for MSMEs and emphasized his commitment to simplifying financial processes for businesses nationwide.

Harshvardhan Lunia, founder and CEO of Lendingkart Group, underscored Barsagade's pivotal role in elevating the company's performance, emphasizing his determination to drive progress within the organization.

Established in 2014 and headquartered in Ahmedabad, Lendingkart specializes in providing working capital loans to MSMEs through co-lending partnerships with banks and NBFCs such as Aditya Birla Finance, Mahindra & Mahindra Financial Services Limited, PNB, and IDFC First, in addition to its in-house non-banking finance company.