Press Releases

Debt resolution startup Credgenics expands leadership at pace with its exponential growth 
Sanchit Dayal joins as Chief of Staff, Yash Dabriwal as Head of Growth & Strategic Initiatives and Ramashis Biswas, Head of HR and Administration, Ashish Mittal, as Head of Customer Success  

New Delhi, November 24, 2021: Credgenics, a unique debt resolution platform on the mission to resolve the NPA crisis has expanded its leadership team. Sanchit Dayal, who was an Investment analyst with WestBridge Capital, a leading PE firm, has joined as the new Chief of Staff. Yash Dabriwal who was with McKinsey India is on board as Head of Growth and Strategic Initiatives to drive growth strategies, digital transformation, organizational design and customer journeys. Ramashis Biswas, who has scaled HR teams at high-growth organizations like 91springboard & Shuttl besides leading Compensation and BPR at Haier & TPG Wholesale, is the Head of HR & Admin. Ashish Mittal, who has deep experience in customer lifecycle journey with Adobe, Sprinklr, and Moser Baer is onboard as Head of Customer Success.  

 Credgenics works across the financial services space, managing Rs.580 crore loan books for 6 large Indian banks and 40+ NBFCs. During the pandemic, it signed ICICI and HDFC, the largest of India’s private banks. Average time & cost of collection rates reduced from 68 to 42 days and from 22% to 14% respectively. The collected amount increased from 74% to 83%.  

Commenting on leadership expansion, Rishabh Goel, Co-Founder & CEO, Credgenics, said, “We had to strengthen our leadership as we aggressively expand in India and beyond. Delighted to welcome Sanchit, Yash, and Ramashis to the fast-growing Credgenics family. Their diverse, in-depth experience and complementary skillsets are what we need right now. We are looking at more senior hires across product, engineering, data science, sales, marketing, finance, operations, and strategy in the coming months.”  

In his comments, Sanchit Dayal, Chief of Staff, Credgenics, said, “Throughout my career have been fortunate to work with passionate, driven individuals. Credgenics team is all of that and more and look forward to playing my part in their exponential growth journey.” Yash Dabriwal, Head of Growth & Strategic Operations, Credgenics, said “My entire career has been focused on strategic approaches to scaling up in the BFSI domain. In Credgenics I see an opportunity to apply that experience.” On his role, Ramashis Biswas, Head of HR and Administration, Credgenics, said, “Rapidly scaling HR in line with growth is something am excited by and look forward to doing that at Credgenics successfully.” On his new role, Ashish Mittal, Head of Customer Success Function, Credgenics, said, “Always had a keen interest in advocating & servicing customer requirements and look forward to generating sustainable outcomes for Credgenics.”