Aye Finance Names Gaurav Seth as Chief Financial Officer
Aye Finance Limited, a prominent fintech non-banking financial company specializing in offering business loans to micro and small businesses, has declared the hiring of Gaurav Seth as its Chief Financial Officer (CFO).
The decision follows robust financial results, as the company has recently announced a net profit increase to Rs 86 crore for the fourth quarter, more than double the previous amount.
In his new position, Seth will manage treasury, financial oversight, and governance activities, playing a crucial role in enhancing the company’s financial structure as it expands its presence in India’s MSME lending market.
Seth possesses more than 27 years of experience in the BFSI sector, offering extensive knowledge in insurance, housing finance, and payments banking.
He has held CFO positions at prominent companies like IIFL Home Finance and Airtel Payments Bank, where he enhanced profitability, managed extensive fundraising efforts, and executed digital finance transformation projects while ensuring strong governance practices.
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Sanjay Sharma, Managing Director, Aye Finance says, “We are pleased to welcome Gaurav to the leadership team at Aye Finance. His deep expertise across financial services, coupled with his experience in scaling businesses and strengthening financial controls, will be invaluable as we continue to expand our reach and enhance our offerings for underserved MSMEs.”
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Gaurav Seth, Chief Financial Officer, Aye Finance says, “Aye Finance has built a strong platform focused on enabling financial inclusion for micro and small businesses. I look forward to partnering with the team to further strengthen financial resilience, drive sustainable growth, and support the company’s long-term strategic priorities.”
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Seth’s appointment arrives at a pivotal moment as Aye Finance aims to boost growth, enhance operational efficiency, and strengthen its foothold in the MSME financing sector. His expertise in capital optimization, treasury oversight, and regulatory structures is anticipated to aid the company's forthcoming phase of growth.