India, sixth Could, 2025: Kuhoo Finance, a tech-first, RBI-licensed NBFC centered on democratizing entry to greater training in India, is happy to announce the appointment of Vineet Mahajan as its Chief Monetary Officer (CFO).
With over 25 years of expertise within the banking, monetary companies, and insurance coverage (BFSI) sector, Vineet brings a wealth of experience in finance, technique, and training lending to Kuhoo’s management workforce.
His appointment aligns with the corporate’s accelerated development section, centered on increasing reasonably priced training mortgage options for college kids throughout India whereas sustaining rigorous monetary self-discipline.
An ICAI-certified Chartered Accountant and a B.Com (Hons) graduate of the College of Delhi, Vineet joins Kuhoo after distinguished tenures at main monetary establishments, together with Aavas Financiers, Edelweiss, and Deutsche Postbank House Finance.
He has beforehand served because the CFO at a number one training mortgage NBFC, the place he spearheaded initiatives to scale back borrowing prices, safe debt capital, and strengthen investor confidence.
His profession highlights embody orchestrating a number of fairness raises, pioneering co-lending and securitization frameworks, and constructing agile finance groups able to scaling operations in regulated environments.
Commenting on Vineet Mahajan’s appointment, Prashant A. Bhonsle, Founding father of Kuhoo Finance, mentioned, “We’re thrilled to welcome Vineet to the Kuhoo management workforce. His confirmed monitor file in fundraising, governance, and fintech-driven finance operations makes him the best accomplice as we speed up our subsequent development section.
The tradition match and keenness for impression by means of training financing are the qualities that make him a really perfect skilled to steer Kuhoo into the long run.
Vineet’s arrival strengthens our potential to construct a future-ready NBFC that helps tens of millions of aspiring Indian college students and oldsters with well timed, accessible, and reasonably priced training financing.”
As the brand new CFO, Vineet will concentrate on strengthening Kuhoo’s monetary governance frameworks to make sure full compliance with RBI rules, a cornerstone of belief within the NBFC sector.
He’ll work in the direction of enhancing real-time monetary reporting mechanisms and fund utilization monitoring programs to help data-driven decision-making throughout the group.
His obligations may even embody increasing Kuhoo’s debt partnerships with banks, NBFCs, and different lenders to safe sustainable capital flows for training loans, together with automating finance operations to enhance effectivity and transparency.
Other than streamlining day-to-day operations, Vineet Mahajan may even lead long-term methods to construct a sturdy legal responsibility franchise by means of progressive co-lending fashions and securitization buildings.
In his capability because the CFO, he may even design a roadmap for sustainable profitability, positioning Kuhoo for eventual IPO readiness whereas sustaining its student-centric ethos.
Partaking transparently with traders, ranking companies, and regulatory our bodies will additional solidify Kuhoo’s status as a accountable and forward-thinking establishment.
Kuhoo’s monetary imaginative and prescient for FY 2025–26 consists of bold targets equivalent to lowering the price of funds by 30%, sustaining gross non-performing belongings beneath 1%, and securing development fairness to gasoline disbursements.
Vineet Mahajan’s management will likely be a key enabler for attaining these objectives whereas additionally making certain that the corporate’s platform stays audit-ready and aligned with evolving RBI expectations.
About Kuhoo Finance
Kuhoo Finance is a number one training mortgage supplier dedicated to creating high quality training accessible to Indian college students. Based by Prashant A. Bhonsle, Kuhoo’s mission is to encourage younger minds to develop into Aatmanirbhar (self-reliant) by providing financing options that cut back dependence on household funds.
By specializing in a scholar’s potential and aspirations relatively than their household’s monetary background, Kuhoo Finance allows them to pursue greater training and world alternatives with confidence.
With versatile reimbursement choices and holistic protection of training bills, Kuhoo Finance helps college students in attaining their goals and constructing a safe future.
Disclaimer:- This story has not been edited by SugerMint workers and supplied by the company. SugerMint is not going to be accountable in any method for the content material of this story.
| Are you an
Entrepreneur or Startup? Do you will have a Success Story to Share? SugerMint wish to share your success story. We cowl entrepreneur Tales, Startup Information, Girls entrepreneur tales, and Startup tales |
Learn extra Press Releases at SugerMint. Observe us on Twitter, Instagram, Fb, LinkedIn
