Over the last year, Moneycontrol (MC) has evolved significantly—moving beyond being India’s premier financial platform to becoming a destination where users can transact and fulfill their core financial needs. This transition is central to MC’s vision of adding deeper, more tangible value to its users’ lives.
A pivotal driver of this evolution has been the rapid scale-up of the Lending business. From personal loans to the more recent expansion into gold loans and loans against mutual funds, Moneycontrol is now enabling financial empowerment at scale. To lead this critical vertical into its next chapter, I am delighted to announce the elevation of Ankit Fitkariwala as CEO – Lending.
Since joining in April 2023, Ankit has been instrumental in building this ecosystem from the ground up. He has not only set up the business and a high-caliber cross-functional team but has also achieved significant milestones—including crossing over ₹1,000 Crore in disbursals last year and helping over 1.5 crore users access their credit scores.
In his role as CEO – Lending, Ankit will focus on driving exponential growth with the vision of making MC a market leader in the lending space. Crucially, he will lead the organization’s efforts to ensure this business scales both exponentially and profitably, further cementing Moneycontrol’s shift toward being a full-stack financial fulfillment platform.