About Us
We have a clear focus to build a capital efficient mSME lending business through an asset light strategy.
Our vision is to be a trusted financial partner to the micro and small enterprises in their growth journey to success. We, at ECL Finance, are deeply committed to these enterprises, and over the years, we are honoured to have been a part of celebratory growth stories of thousands of mSMEs across the country! Our commitment to offer innovative and flexible lending solutions and thus bolster their growth continues unwaveringly.
Our comprehensive understanding built through a combination of factors including data analysis, technology adoption, relationship building and extensive industry knowledge have helped us well position ourselves to participate in the Government’s vision to make an Atmanirbhar Bharat whilst contributing and supporting the micro and small enterprises achieve their dreams and prosper.
CUSTOMER FOCUS
PRODUCT INNOVATION
RISK AND GOVERNANCE
STRATEGY
PEOPLE
BRAND
Rashesh Shah
Mr. Rashesh Shah is Chairman of the Company, has three decades of diverse experience in the financial markets and has been instrumental in building Edelweiss into one of India’s leading diversified financial services organisations. He is passionate about financial services and the role it plays in translating India’s vast savings into investments; thereby powering economic growth and development. A regular commentator on macro-economic policies, he has served as President of FICCI, which is India’s apex industry association, in 2017-18. He has also been a part of the High-level Task Force on Public Credit Registry for India, the Insolvency Law Committee, Executive Committee of the National Stock Exchange as well as the committee to review Insider Trading Regulations set up by SEBI – the country’s capital markets regulator.
An MBA from Indian Institute of Management, Ahmedabad, he also holds a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi.
Mr. Aalok Gupta
Mr. Aalok Gupta has over three decades of experience in banking with a focus on retail and SME businesses. He has worked with foreign banks (Bank of America and HSBC), private Indian banks (HDFC Bank and YES Bank) and financial institutions with roles across Business, Product and Risk Management. His last assignment was as MD & CEO of MUDRA, which is the nodal agency for the Pradhan Mantri Mudra Yojana and refinances banks, NBFCs and MFIs.
Currently, he is a mentor with GDC-IIT, Madras which promotes entrepreneurial thinking in STEM institutions across India.
Mr. Gupta graduated from IIM, Ahmedabad after his Bachelor’s degree in Mechanical Engineering from Delhi College of Engineering.
Anita George
Anita George has over three decades of experience. She is Executive
Vice-President, Strategic Partnerships – Growth Markets, CDPQ. She joined
CDPQ as the Managing Director, South Asia in April 2016. Prior to joining CDPQ,
she was Senior Director of the World Bank’s Energy and Extractive Industries
Global Practice. She also held the positions of Director, Infrastructure and Natural
Resources of the International Finance Corporation, a member of the World Bank
Group, and Head of Siemens Financial Services in India. Her various roles have led
her to work in several regions of the world, including Europe, Asia, the Middle East
and Africa.
Mr. Gupta graduated from IIM, Ahmedabad after his Bachelor’s degree in Mechanical Engineering from Delhi College of Engineering.
Atul Pande
Atul Pande is an engineering graduate and alumnus of IIM Ahmedabad (1987-89 batch), with a varied industry experience spanning more than 25 years. In the initial two decades of his professional career, Atul worked across sectors such as FMCG, BPO & financial services and television. Atul is an avid traveler and passionate about outdoor sports. Some of Atul’s key assignments are Business Director – GE Capital, MD Citicorp – Maruti, MD Cholamandalam Investment and CEO – Ten Sports.
Sameer Kaji
Mr. Sameer Kaji’s experience spans a range of industries and geographies for the last 30 years. Key focus areas have been growth strategy, mergers & acquisitions, operational improvement, transformation, and turnaround. As an Interim CEO & Board Member, he has assisted companies in their business development, acquisition, product innovation, analyzing their strengths and weaknesses and wherever applicable helped in early identification of stress – whether financial, operational or external by providing out of box solutions to reduce their debt, enhance their operating efficiency, resource allocation and undertaking complex stakeholder negotiations leading to cash flow enhancement and transformation. Being a first-generation entrepreneur for more than 20 years with hands on operational experience enabled him to bring pragmatic solutions to complex management, manufacturing, or financial issues for company management.
He has acted as advisor to many Companies like Adani Group, Binanni Cement, McKinsey & Company, Edelweiss etc. He was also associated with a Gold mine owned by Rio Tinto in Reno, Nevada as a Director and also led the disinvestment and management transition programmes.
He was also the Chairman & Managing Director, RAS Propack Lamipack, which was founded by him and led a 500+ FTE company to a successful IPO (40x subscribed).
Mr. Kaji is a management graduate from Babson F.W. Olin Graduate School of Business.
Mr. Shiva Kumar
Shiva Kumar has served at State Bank of Bikaner & Jaipur (now merged with the State Bank of India) as Managing Director. At State Bank of India, he was Deputy Managing Director and has held various positions. He was also the Project Leader for the business process re-engineering project for complete transformation of the largest Bank in India in collaboration with McKinsey & Company. He was a part of their credit card project and had set up metal gold business for the Bank. He was also a representative of Associate Banks on the Managing Committee of Indian Banks’ Association. In 2013, he received the ‘Business Leadership Award’, from the Institute of Public Enterprises.
He holds a Bachelor of Arts degree from Patna University and is an associate member of the Indian Institute of Bankers.
Mr. Phanindranath Kakarla
Mr.Kakarla is an IIM Calcutta and IIT Mumbai alumni. He has spent close to two decades in the financial services industry with comprehensive experience in Banking – Credit Risk, Distressed Debt Recovery, Finance, Operations and Relationship Management in Wholesale Lending, Corporate & Transaction Banking and Asset Management. He also has expertise in driving organizational transformation (across people, process and technology) and building and leading high performance finance / operations teams across various geographies. His past experience covers a gamut of leading banks like HSBC, JPMorganChase, Deutsche Bank & ING. He has been with the Edelweiss Group for over 8 years wherein he has done various roles including Head of Centralised Services Group and Head of Group HR & COO of ECL Finance Limited. He is currently Managing Director, ECL Finance Limited.
Mr. Mehernosh Tata
With over 22 years of experience in Consumer and Commercial Banking Space he has been instrumental in setting up and growing the retail sales for one of the largest financial institution, Citibank. At Edelweiss, he has led the digital transformation agenda along with building a strong data driven culture. He has steered the Co-Lending agenda for Edelweiss in partnership with multiple banks He is a qualified Chartered Accountant articled from PWC and a certified coach for consumer lending and banking concepts.
Venkatchalam Arakoni Ramaswamy
Mr. Venkatchalam Ramaswamy is the Vice Chairman and Non-Executive Director of our Company. Venkat has nearly three decades of experience in the financial markets and has been one of the driving forces in transforming what was once India’s first new age boutique investment bank to a leading diversified financial services company. Amongst his responsibilities, he also Heads Edelweiss’s Asset Management Business. Venkat has been instrumental in building a client-need focused solutions approach in Edelweiss Asset Reconstruction Company. Using his skills at building and maintaining large institutional relationships, including International Pension Funds and Insurance companies, the Alternative Asset Management business has become among the largest in India. An MBA from the University of Pittsburgh, USA, he also holds a Bachelor’s Degree in Electronics Engineering.
Deepak Mittal
He has more than two decades of experience in financial services and currently is Vice Chairman, ECLF
During his tenure at Edelweiss, Deepak has played several key roles. The most recent being the CEO of Edelweiss Tokio Life Insurance- a joint venture between the Edelweiss and Tokio Marine Holdings of Japan and one of the fastest growing insurance companies in India.
Prior to this, Deepak helped scale up the Capital Markets business at Edelweiss and went on to become the Chief Financial Officer, where he helped steer the firm through a successful Initial Public Offering in 2007. He has also led the Group’s new strategic initiatives and played a key role in the expansion of various Group businesses, including the acquisition and integration of Anagram stock broking.
A Chemical Engineer by profession, Deepak earned his degree from IIT-BHU, and has an MBA from IIM Ahmedabad.
