Management

Good business leaders create a vision,

articulate the vision, passionately own the vision,

and relentlessly drive it to completion


Jack Welch

Mr. Karan Desai
Joint Managing Director

Mr. Desai serves as the Joint Managing Director of Dhanvarsha Finvest Ltd. and brings significant financing and operational experience to the company.

He has previously worked with reputed financial institutions including Bank of America, PwC and lastly as head of Corporate Finance at Centrum Capital Limited. He also served as the Chief Operating Officer of a PE fund backed healthcare services company prior to joining Dhanvarsha. Mr. Desai is a Master’s degree holder in International Business & Management from Westminster Business School, London and a commerce graduate from Narsee Monjee College, Mumbai.

Mr. Rohanjeet Singh Juneja
Joint Managing Director

Mr. Juneja serves as the Joint Managing Director. He is a former investment banker and hedge fund manager with over 17 years of experience in research, strategy, portfolio management, financial analysis and mergers & acquisitions.

He started his career in 2002 as Equity Research Associate with Keefe Bruyette & Woods and was elevated to the position of Assistant Vice President. He subsequently worked with FrontPoint Partners, L.P. as Financial Analyst and Vice President from 2007 to 2011 were he extensively worked on analysis, research and investment in financial services and real estate companies in India, USA and China. He was associated with Seawolf Capital LLC from 2011 to 2017 as Vice President, responsible for investing and managing a portfolio of listed equities within financial services companies in India and USA. He also worked on companies in similar sectors located in Australia, Brazil and Canada. From 2017 to 2019 he was with WGC Management Services Private Limited as Head of Research and Strategy, where he was part of the core group that led strategy for a Housing Finance Company and a Non-Banking Finance Company.

Mr. Mahendra Kumar Servaiya
Principal Officer and Credit Head

Mr. Servaiya is one of the most experienced members of the core team with over three decades of banking experience. He last served as an AGM in the Credit team of Union Bank.

At Dhanvarsha, Mr. Servaiya has a dual responsibility; he takes care of communication and compliance filings with the Reserve Bank of India and heads the credit function of the company.

Mr. Sanjay Kukreja
Chief Financial Officer

Mr. Kukreja has 27 years of experience in Financial Planning and Control, Profit Center Operations, Taxation & Budgeting etc.

He has previously worked as Joint CEO in Masscorp Ltd. and KPL exports Pvt. Ltd and has also been previously associated with Rotex Wheels Pvt. Ltd and Welspun Group of Companies. Prior to joining Dhanvarsha, he was a part of Wilson Holdings Pvt. Ltd as Chief Financial Officer. He has completed his FCA from The Indian Institute of Chartered Accountants of India.

Mr. Lalit Mohan Chendvankar
Chief Compliance Officer

Mr. Chendvankar is a qualified company secretary and LL.B. with nearly 16 years of experience in steering Secretarial, Compliance and Legal functions.

He was previously associated as Head - Corporate Affairs, Company Secretary and Legal with MIRC Electronics Limited, a well-known name in the Consumer Durables industry. He has robust experience in handling Mergers & Acquisitions, IPOs, Corporate Restructuring, Corporate Advisory Services, Private Equity investments and Foreign Investments.

Mr. Parag Shah
Chief Operating Officer

Mr. Shah is a CA, MBA and a law graduate who has a successful career of over two and half decades in the financial services space with a proven leadership in building & managing businesses. Strongly skilled in credit, risk, business operations, product & partner management and people leadership, he is also passionate about teaching and coaching commerce & management students in his spare time.

With rich experience across all asset classes, viz, corporate banking, mid markets, SME, rural and retail banking products and risk management applications, Parag brings proven expertise in the growth journeys across various organisations he has worked. He has worked with ICICI Bank for 17 years in leadership roles and also spent around 8 years across NSE, IDFC Bank and Fullerton India HFC in various roles including as a Chief Risk Officer in his last assignment.

Mr. Sunil Ranpara
Senior Vice President - Collections

Mr. Ranpara heads the Collections vertical and has more than 15 years of experience in Collections, Recovery & Litigations at renowned institutions like Capital First Ltd.

He is an experienced mortgage specialist with a demonstrated history of working in financial services in India. He is a commerce graduate and has completed his LLB. He has been consistently commended and awarded for his performance during his past stints.

Ms. Namita Pradhan
Manager – Human Capital Management

Ms. Pradhan has an experience of over 6 years and is a seasoned professional in the field of Human Resources.

With her diverse knowledge and expertise she is responsible for driving the HR function at Dhanvarsha. She was previously associated with Oberoi Realty Limited. She is a Mass Media graduate and has completed her MBA in Human Resources Management.

Ms. Priyanka Singh
Chief Impact Officer

Ms. Singh has extensive experience across financial services, fintech, and consulting. Her forte is executing projects across business functions – be it customer outreach, operations, and technology, in her past roles.

She has over 7 years of experience liasoning with global stakeholders across industries such as I-Banking, TMT, Automobiles and P2P Lending. She has worked as a stakeholder spanning verticals such as product development, marketing and new business initiatives to impact revenue generation and align departments towards a common goal. Academically, she comes with a blend of M.B.A. (Finance), Technology and Humanities.

Mr. Sahil Lakshmanan
Chief Business Officer

Mr. Lakshmanan is our Chief Business Officer and is responsible for our digital and new business initiatives.

He has over 15 years of global experience across verticals like business development, product development, analytics and marketing. His versatile background comes from working across sectors such as Fintech, Insurance, Banking, Wealth Management etc. He has completed his M.B.A. (Finance and Strategy) from H.E.C. Paris.

Ms. Radhika Seshadri
Vice President – Business Analysis & Financial Planning

Ms. Seshadri is a seasoned professional in research and business planning with significant experience in the financial services industry.

She has a work experience of 12 years in the BFSI sector and has over 9 years of extensive experience in working for an affordable housing company catering to low middle income consumers. She holds a bachelor’s degree in Management Studies and had done her PGDBA in Finance.

Mr. Vivek Dugar
Assistant Vice President – Sales

Mr. Dugar has been associated with the Wilson Group since the last 4 years and is considered as one of the core pillars for setting up the foundation of Dhanvarsha.

He is responsible for spear heading the Sales function across India. He has a proven track record of consistently growing the business for DFL in a short span of time. He was previously associated with a Telecom company as Product Manager and was responsible for Continuous Technology Enhancement for the company’s clients based out of Singapore, China, Hong Kong, etc. He holds a degree in Bachelors of Technology - Electronics from SRM University.

Mr. Gaurav Bhargava
Business Head – Gold Loans

Mr. Bhargava is a Post-Graduate in MBA Marketing from ICFAI Business School, Hyderabad. He has over 16 years of experience in retail assets industry. He has worked with various reputed finance companies and has rich experience in all retail assets products viz. Personal Loans, Business Loans, Loan Against Property, Home Loans and Gold Loans.

He is skilled in Business Planning, Development, Retail Sales and Portfolio Analysis. Gaurav has been instrumental in setting up the Gold loan business at Dhanvarsha and is currently managing the Gold loan vertical.

Mr. Dinesh Valiramani
Vice President – Marketing & Corporate Communications

Mr. Valiramani is a marketing professional with an experience of over 7 years majorly in the financial sector. He is a Post-Graduate from NITIE, Mumbai and a mechanical engineer from MS Ramaiah Institute of Technology.

He is skilled in marketing strategy, digital marketing, retail engagement, product marketing, campaign management and alliances. He was previously associated with YES BANK handling marketing and strategy for two of their important business units – Digital Banking and Retail Assets. He also holds an experience in handling marketing for YES BANK’s corporate salary and branch banking businesses on the liability front.

Mr. Arvind Vasant Jirapure
Operations Head

Mr. Jirapure Vice President – Operations, has spent 21 years in various operational roles across top firms including Magma Fincorp Limited, Religare Finvest Limited.

He is responsible for handling operations team and nodal officer for customer grievances. He holds a bachelor’s degree in management and MBA – Banking and Finance.