The progress of the company has been nothing short of remarkable. Since its inception in March 2017, the company has provided financial assistance to 6,500+ enterprises with goodwill close to 260 cr+ With a dedicated team of 530+ employees, the venture has 55 branches operating through Rajasthan, Gujarat and Madhya Pradesh .The company has ambitious plans on network expansion, by opening new branches reflecting its commitment to reach small businesses.
“Paisabuddy is a non-banking financial company (NBFC) incepted to go beyond the numbers and understand the dreams and needs of the people.”
Formed as a private limited company, we came with a vision to offer an easy and effortless lending platform for the small businesses and enterprises. Founded on the pillars of integrity, efficiency, and team work, we cater to the financial needs of the micro, small, and medium enterprises (MSME) in India.
Led by a rich and experienced team, we aim to make availability of credit easy to that segment of enterprises and entrepreneurs, who are at the bottom of the economical pyramid and have a difficult time getting financial help. Our main objective is to meet the working capital and business credit requirements of the small businesses in the MSME sector. This is done by leveraging technology and efficient products, relevant policies, and robust processes.
The company is registered with Reserve Bank of India as a non-deposit accepting loan NBFC and operates out of various branches for ease of customer and having its registered office based in Jaipur. Company started its Retail Loan business in March 2017.
Our Vision
To make Paisabuddy as the single one-stop-place preferred as customer-friendly organization to meet the financial and developmental needs of the MSME sector. Company intends to bring in hybrid model of digital+Physical, hence keeping a touch of tradition appraisals however thrusting them with power of digital analysis and sourcing. With the help of smart technology and effortless services, we want to enhance the shareholder wealth and a sturdy corporate value.
Our Mission
To make a positive impact by supporting the small enterprises that are truly the backbone of the nation.We believe their dreams and hard work deserves the right financial support.
Our Core Values
Integrity
We keep strong ethics as priority. Everyone who represents the organization works towards building an honest and ethical environment.
Transparency
Maintaining transparency in all our operations and creating good customer experiences are one of the most vital mottos of the company.
Easy Accessibility
We know the value of accessibility and reach, hence we thrive on reaching out to every nook of the country and try to expand our support and services as widely as possible.
Meet the Leaders
Growth is never by mere chance, it is the result of forces working together
A man of wisdom and a proactive leader, Mr. Suresh Chander Koolwal is the Co-founder and whole time Director of Paisabuddy. He worked at the Bank of Baroda for an astounding 39 years and served in various states including Rajasthan, Gujarat, and Madhya Pradesh. His vision for the company is motivated with strategic growth and integrity. He has been managing the assets and liabilities vertical along with a strong risk analysis and credit of the company.
Mr. Dheerandra Goyal is the Founder & Chief Executive Officer (CEO) of Paisabuddy Finance Private Limited. Mr. Dheerandra is an accomplished leader with a countless number of nominations and proud recipient of renowned awards. He is a Commerce graduate followed by Master’s degree in Business Administration with an experience of over 19 years in financial service industry. His expertise lies in the field of sale and marketing along with a powerful hand at business strategy.
After working with Stock Holding Corporation Limited, Mr. Dheerandra also had a long association with ICICI bank of almost 13 years. His one true belief is in hard work and a good work-life balance, and it’s his experience which has brought this company so far in the financial sector. Under his leadership, Paisabuddy is one of the most preferred companies across Rajasthan for beginner and small entrepreneurs.
His resolute managerial skills, abundant knowledge of banking industry, and enthusiasm has made the company reach heights, while supervising the financial, operational, legal & administrative activities of the Company and monitoring financial budgeting & management reporting system. He also heads the strategic initiatives function of the Wholesale business where he leads the responsibility for the conceptualization, evaluation and development of feasible strategic initiatives. Last but not the least, he also conducts various inorganic growth initiative in the light of balanced growth and creating a strong goodwill amongst its peers and clients.
A Chartered Accountant by qualification and a notable experience holder of 13 years of post-qualification experience in corporate planning, Mr. Nikhil Godika is Paisabuddy’s Non-executive Director. Previously he was associated with eminent companies like Deloitte, Crisil, and PWC, and has a significant experience in structuring investments, due diligence, and reviewing of investee company’s compliances, managing income tax, and secretarial compliances. His visionary and strategic outlook has been a boon for the company.
A Chartered Accountant having experience of 20 years in Banking & Finance. Prior to Joining PaisaBuddy, Mr Jignesh had worked in Nirma Ltd, ICICI Bank & as CFO for Surat Based NBFC. As a part of ICICI Bank where he worked for 14 years managing Credit Risk for Gujarat Portfolio, he was also part of various core groups for formulation of Product, Policy, Process, Debt Management, Business intelligence & digitization. Apart from diversified business 360 experience, he was on deputation to ICICI HFC where he had successfully implemented BASEL norms, Asset Liability management and supported getting ISO certification for credit risk division.
