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PRODUCTS
CORPORATE LENDING
Arka Fincap offers Corporate Lending services to large corporations, banks and government agencies. Whatever your financial goals, our corporate lending specialist can create a range of solutions to create a steady cash flow for your business...
REAL ESTATE & ALLIED FINANCING
We give your business wings with our Real Estate Lending finance solutions. We provide loans to buy a property that can be used for business purposes. We understand your needs, and with our expertise, we build customized lending solutions whe...
SME/MSME LENDING
Arka Fincap helps your business meet all the financial requirements and scale the heights of success with our convenient and quick to access SME Loans. With an SME loan, you can invest in your firm's infrastructure, meet working capital requi...
PERSONAL LENDING
Personal loans, at Arka, are digital, seamless and paper free. They have fixed interest rates & tenure, and you can avail it without providing any collateral. We provide loans for a margin funding for first time home buyers. Eligibility par...
WHO WE ARE
Arka Fincap Limited (Formerly known as Kirloskar Capital) is licensed by the RBI as a Systemically Important Lending NBFC (Non-Banking Finance Company). Arka Fincap is a wholly owned subsidiary of Kirloskar Oil Engines Limited (KOEL) a part of the Kirloskar Group.
Established in 2018, as a professionally managed company, we focus on providing Structured-Term Financing Solutions to Corporates & Loans to Micro, Small & Medium Enterprises (MSMEs) borrowers in India.
At Arka, we bring forth innovative financial solutions that are customer-focused and driven by technology to help achieve the requirements of our customers in a seamless manner.
BOARD OF DIRECTORS
VIMAL BHANDARI
Presently associated as the Executive Vice Chairman and CEO with Arka Fincap Limited (AFL), a Non-Banking Finance Company. An accomplished and dedicated professional with over thirty-five years of experience in a range of businesses in the financial services industry. For 6 years till 2017, he was the Managing Director CEO, of IndoStar Capital Finance Limited, an NBFC established by international investors like Everstone, Goldman Sachs, Ashmore, and others in 2011. Prior to this he was associated with AEGON N.V., the Dutch life insurance and...
MAHESH CHHABRIA
With over 30 years, in the financial services industry, he has worked with investment banks, private equity funds, and has been an independent director of several companies. He has been the Managing Director of Kirloskar Industries Limited since July 2017. Prior to this, he has worked as a Partner with Actis, where he was responsible for advising Actis Global LLP, a leading private equity fund in the emerging market space, to invest their money in growth capital and buy out businesses in India. Mahesh was previously associated with 3i India,...
GAURI KIRLOSKAR
Gauri attended Carnegie Mellon's Tepper School of Business, where she received a BSc. in Business Administration with a concentration in Finance. Previously she has attended Phillips Academy, Andover, near Boston. Gauri has worked as an investment banking analyst at Merrill Lynch in their Mergers and Acquisitions group where she analyzed the impact of proposed mergers, acquisitions, spin-offs and various restructuring alternatives on earnings, credit profile and value creation of various clients across the technology, real estate, and retail...
HARISH ENGINEER
With over 40 years of experience in the fields of finance and banking, Harish was associated with HDFC Bank since 1994 in various capacities before retiring in 2013 as Executive Director on the board of the bank responsible for Wholesale Banking and International Banking. Before joining HDFC Bank, Mr. Engineer worked with Bank of America for 26 years in various areas, including operations and corporate credit management. Since 2013, he has been appointed as a Senior Consultant to International Finance Corporation (IFC), Washington, to manage...
D. SIVANANDHAN
Sivanandhan is a highly regarded IPS officer with an illustrious career spanning 36 years. He joined the IPS in 1976 and retired as the Director-General of Police of Maharashtra State Police in 2011. He has held several senior positions in the Intelligence Bureau, Central Bureau of Investigation and Mumbai crime branch. He has also served as Commissioner of Police of Nagpur, Thane city and Mumbai. He has been awarded the meritorious service medal (1993), the president's distinguished service medal (2000) and the Internal Security Medal ...
VIJAY CHUGH
Vijay has over 35 years of experience in the fields of supervision and regulation of commercial banks, payment and settlement systems and core banking solutions. He was appointed as an Independent Director w.e.f. 12th March 2018 for 5 years. He is a former Principal Chief General Manager, Department of Payment and Settlement Systems of the RBI. He has previously been a nominee of the RBI on the board of directors of the State Bank of Patiala and the United Bank of India. He has also been the Chief Vigilance Officer of the Industrial Inv...
MANAGEMENT TEAM
MRIDUL SHARMA
Chief Operating Officer
Mridul is the Chief Operating Officer of Arka Fincap Limited. He is responsible for building the Technology and Operations capabilities aimed at providing a better customer experience. In his 20 years of experience in the Banking and Financial Services industry, he has worked across Banking technology – Infrastructure, Cyber Security and Applications, Retail Banking, Credit Cards and General Insurance. Prior to joining Arka Fincap Limited, he spent a decade at IndusInd Bank as Head – Technology (2015-18) and as Head – Solutions Delivery (2008-15)...
AMIT GUPTA
Deputy Chief Financial Officer
With more than 15 years of experience in the financial services industry, Amit has worked with Magma Fincorp, ICICI Bank and IndoStar Capital Finance Limited across various roles. He is well-versed with the policies, processes, compliance of NBFCs / HFCs. He has experience working with start-ups and has a proven track record of building liability franchisees for start-ups in his earlier assignment. He is well connected with Public and Private banks, MFs, Financial Institutions, etc. and has successfully raised liability via various instruments li...
NACHIKET NAIK
Head - Corporate Lending
Nachiket has over 23 years of experience in the credit and debt markets and is associated as Head - Corporate Lending with Arka Fincap Limited. In his previous stint, Nachiket was a part of the founding team at IREP Credit Capital Ltd and ran the lending operations of the NBFC for 6 years. Nachiket was also associated with institutions like UBS India, ABM AMRO / RBS and Infrastructure Leasing & Finance (IL&FS), one of India’s biggest NBFCs. He has also worked with Credit Analysis & Research (CARE), one of India’s largest domestic Cred...
NAVIN SAINI
Head - Retail, Micro & SME
Navin has more than 23 years of experience in the Banking and Financial Services domain. He has had successful stints with MNC banks such as Standard Chartered Bank (4 years), Barclays Bank Plc (2 years) along with leading Indian Pvt. Bank viz. ICICI Bank (2 years) and was acknowledged and rewarded for his several achievements with these institutions. Navin joined Arka Fincap after a successful stint with Clix Capital Services Pvt. Ltd. where he was heading the SME business and was also a part of the founding team at the NBFC. Prior to that, Navi...
SONIT SINGH
Head-Real Estate & Allied Financing & Advisory
Sonit comes with over 17 years of exceptional experience within capital markets, investment banking and real estate domains with stints across Standard Chartered Bank, Deutsche Bank and JP Morgan. He has led and consummated complex deals, including debt, mezzanine and equity transactions across the capital structure, along with leading strategic initiatives, advisory discussions and client mandates in his previous roles. Prior to joining Arka Fincap,, he was associated with J.L.L. India as COO & Head of Cross Border business in its Capital Ma...
MANISH NAGARSEKAR
Head - Operations & BSG
Manish is a finance and banking professional with over 20 years of extensive experience in Operations, Risk Management, Digital Banking, Payments, IT Application Delivery across Assets, Liabilities and Wealth. Before joining Arka Fincap Limited, Manish headed the Solutions Delivery Group at IndusInd Bank and led the digital transformation for the Bank. His enterprising attitude and a high focus on delivery has helped him successfully implement large-sized strategic projects and automate business goals & objectives with a collaborative mindset...
BHUPESH MAHAJAN
Head - Risk (SME / MSME)
Bhupesh is a Chartered Accountant by profession and has over 21 years of experience in the Risk and Credit domains. He has had successful stints with Genpact India, Kotak Securities Limited and Kotak Bank. Prior to joining Arka Fincap Limited, Bhupesh was associated with Reliance Commercial Finance Ltd, where he worked in various roles within credit and risk across multiple products, and his last role there was as Chief Risk Officer. Bhupesh has handled the whole gamut of products like SME, LAP, Construction equipment, Infrastructure Finance...