Delhi-based advanced digital consumer lending platform, Revfin has announced the appointment of Sushil Kumar Jain as its National Head of Collections.
Sushil brings to the table commendable industry experience spanning more than two decades. He has excelled in many verticals such as Auto Loans, Two Wheelers, Consumer Durables, Personal Loans, Business Loans, Commercial Vehicles, Construction Equipment, and Tractor portfolio.
Over the years, he has helmed several leadership roles across many organizations like Toyota Financial, TVS Credit, Shriram City, Magma Fincorp & Satin Credit Care.
Previously, Sushil worked as the Regional Head of Toyota Financial Services India Ltd. for Collection & Recovery Profile and scaled up the percentage of collections with a low delinquency rate.
In his new role, he will spearhead the National Collection Portfolio of all Revfin’s products to expand the company’s footprint across the EV financing space in the country and augment its product portfolio.
Speaking about the appointment, Sameer Aggarwal, CEO & founder of Revfin, said, “We are pleased to welcome Sushil as part of Revfin’s leadership team. We are confident that his extensive experience of over 20 years in the field of loans and finance and ability to deliver fast-paced results will be significant for the company’s product and regional expansion.”
Commenting on joining the board, Sushil Kumar Jain said, “I am very excited as it is an ideal time to join Revfin in its vision to make electric mobility accessible to every customer by increasing the organization’s footprint in the country. Exponential growth can be witnessed in India’s electric mobility space even though it is still at its initial stage of adoption. I am confident that it will create a benchmark for high CE%.”
As the only player in the digital lending category for the early wave of EV customers in Tier 3 and beyond, Revfin envisions providing digital loans to new-to-credit and financially excluded individuals seamlessly and conveniently. The fintech platform currently has a nationwide presence for its EVs in more than 15 states, including Uttarakhand, UP, Bihar, UK, Haryana, Punjab, Tripura, Jharkhand, and Assam.