Bharatpe’s Trillionloans appoints Sandeep Singh as CEO

Entrackr · 2d

Trillionloans Fintech Private Limited (TFPL), a digital-first RBI-regulated NBFC, has appointed Sandeep Singh as its new chief executive officer. Singh will replace Sabyasachi Senapati, who will move to a new role at BharatPe Group. Senapati will continue as a whole-time Director on the Trillionloans board to support the leadership change. In May 2023, BharatPe acquired a majority 51% stake in Mumbai-based Trillion Loans. Last year, the Tiger Global-backed firm increased its stake in the Mumbai-based firm to nearly 60%. Singh has over 16 years of experience across digital lending, insurance, and software. He has worked in areas such as product, partnerships, customer service, and distribution. He will now lead Trillionloans in its next phase of growth. Trillionloans provides credit to small businesses and individuals. Its offerings include merchant loans, MSME finance, revenue-based lending, consumer credit, and vehicle loans. The company is backed by BharatPe, which holds a majority stake and has helped scale its lending operations. Singh expressed plans to drive the company’s growth with a focus on simple, tech-driven credit solutions, aiming to meet customer needs while maintaining stable and responsible operations.