Mumbai-based online lending marketplace Rubique has appointed Manish Ahuja, the former Experian India finance head as its Chief Financial Officer.
Manish will play a key role in the company’s group level financial strategy and growth opportunities across its various marketplaces. He will be managing Rubique’s overall financial control and reporting along with aiding in strategic planning, forecasting and legal. Besides, he will also oversee strengthening governance process for audits and ensure best practices are implemented organisation wide.
A chartered accountant from Institute of Chartered Accountants of India, Ahuja has completed his Diploma in Insurance from ICFAI and CAIIB from Indian Institute of Banking & Finance.
With a versatile and successful track record of over 15 years, Manish brings across experience in corporate finance, business finance partnering, treasury operations, implementation of financial systems and control framework implementation. While his last stint was at Experian as CFO, Ahuja previously worked with Quickr India as finance and legal head. He has also worked with JPMorgan Chase, Ocwen Financial Corporations and ICICI Bank in the past.
Commenting on his appointment, Manav Jeet, MD and CEO of Rubique said, “I’m very pleased that we have an accomplished financial leader like Manish joining us in the role of CFO. He joins us at a time when our strategy of building transactional marketplaces focused on large fintech verticals has been strongly validated and our competitive position is getting more dominant every quarter. As we begin our next phase of aggressive market penetration in the consumer segment, Manish’s expertise will guide us towards achieving our goals strategically.”
Founded by Jeet in February 2015, Rubique is a credit facilitator for small and medium-sized enterprises (SMEs) and individuals. In the SME segment, it focuses on loans for commercial vehicles and construction equipment. The retail segment includes home loans, personal loans and two-wheeler loans, among others and it recently ventured into general insurance.
Rubique claims to have partnered with over 90 financial institutions for over 300 products and facilitated loan disbursement worth Rs 3,000 crore and generated revenue worth Rs 55 crore.
The startup is backed by some of the industry’s prominent investors include Japan’s Recruit Group, Emery Capital, Blacksoil, Kalari Capital, Apis partners, YourNest Angel Fund and others.