Credifin Limited has announced the appointment of Shalya Gupta as Managing Director for a five-year term, pending shareholder approval at the upcoming Annual General Meeting in September 2025. The decision, taken at the company’s recent Board meeting, reflects strong confidence in Gupta’s leadership and his vision for the company’s growth. Currently serving as CEO, Gupta has been instrumental in driving Credifin’s operational expansion and digital transformation since joining the firm in 2022.
With over 15 years of experience in finance, technology, and the social sector, he has worked with prominent banks and financial institutions in varying capacities, including risk management, investment banking, and corporate finance. Throughout his career, Gupta has earned recognition for creating innovative solutions to address complex business challenges and for providing strategic advice on intricate financial transactions.
Credifin Limited, previously known as PHF Leasing Limited, has been registered with the Reserve Bank of India since 1998 and is listed on the Metropolitan Stock Exchange of India. The company’s main business comprises mortgage loans against immovable properties and the financing of electric vehicles, such as e-rickshaws, e-loaders, and EV two-wheelers. The organization’s active support of electric vehicle adoption spans logistics, last-mile delivery, and both rural and urban transport, positioning it as a key player in India’s transition to sustainable mobility. Under Gupta’s stewardship, Credifin has witnessed notable achievements, including the successful implementation of a comprehensive credit risk management framework and the leveraging of technology to improve both operational efficiency and customer experience.
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With a footprint in 14 states and union territories, the organization now operates across more than 200 locations and employs over 750 people. Gupta’s elevation to Managing Director is expected to strengthen Credifin’s pursuit of financial inclusion, innovation, and expansion within the NBFC sector, both in traditional mortgage lending and the rapidly growing electric vehicle segment. The company’s commitment to sustainable development and customer-centric service continues to shape its role as a leader in India’s evolving financial landscape.
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