Poonawalla Finance Private Limited (formerly known as Adar Poonawalla Finvest Private Limited) is a financial services company, registered with the Reserve Bank of India as a Non-Deposit Accepting Systemically Important Non-Banking Financial Company (NBFC). Headquartered in Pune, we are a part of the $8 billion Cyrus Poonawalla Group.
The name stands for Trust, Passion for Business and Excellence; which is now creating new benchmarks as an NBFC. We are a digital-lending NBFC and offer a suite of loans to enable our customers to accomplish their financial requirements.
Our products comprise of small ticket size Personal Loan, Professional Loan and Unsecured Business Loan, which are tailored to meet the customer's requirement; in a bid to offer maximum value. We aim to create a social impact and help in serving the financial needs of our customers.
Mr. Adar Poonawalla, CEO of Serum Institute of India and Chairman of Poonawalla Finance Private Limited. An innovator at his core, Mr. Adar Poonawalla has been dedicated to developing affordable children’s vaccines and providing the same across the globe.
He spearheaded the Clean City initiative (APCC) in Pune, and since, has been actively involved in bringing dignity to the task of waste collection. In 2013, Forbes India included Mr. Adar Poonawalla in the list of ‘Four Scions to Watch Out For’. Three years later, in 2016, he hosted Prime Minister Narendra Modi at the Serum Institute of India, demonstrating the company’s efforts and achievements in the field of children’s vaccines.
In 2018, he was recognized for his relentless and passionate efforts at making our society a better (and cleaner) place, having been accorded the Corporate Social Responsibility award by CNBC Asia.
Further, the award-winning GQ magazine included Mr. Poonawalla in its elite list of 50 most influential young Indians; another feather on the cap for the young innovator and promoter.
A Chartered Accountant by qualification, Mr. Abhay Bhutada has over a decade of expertise in the domains of commercial and retail lending. The seasoned financial professional has been instrumental in breaking new grounds of digital lending and fronting the Flexible Digital Lending platform at Poonawalla Finance.
Mr. Abhay Bhutada oversees overall growth and performance indices at Poonawalla Finance and is at the nucleus of every strategic decision taken in the company. For his body of work, Mr. Bhutada was accredited as the ‘Young Entrepreneur of India’ in 2017, awarded by the Chairman of State Bank of India (SBI).
Mr. Makarand Karkare is a Fellow Member of the Institute of Company Secretaries of India (ICSI) and has over two and a half decade of expertise in Corporate Laws, with marked attention to domains, including mergers and acquisition (M&A), technology licensing and trademark.
A qualified Chartered Accountant, Mr. Saurabh Prabhudesai has almost two decades of expertise in accounting and auditing. He is a master at IT (Application), particularly for European companies’ financials and consolidation of the same for Indian holding companies in case of an acquisition.