Profectus Capital Pvt Ltd has named Sharad Agarwal as its new Chief Executive Officer. His appointment signals a strategic push toward technology-driven growth and enhanced risk management for the company, backed by investors like Actis.
The appointment comes at a pivotal time for Profectus Capital, which specializes in customized lending solutions for Small and Medium Enterprises across manufacturing, services, and education segments. The firm offers term loans for business expansion, working capital demand loans, equipment funding, mortgage-backed loans, healthcare financing, and supply chain solutions, with operations spanning 29 locations nationwide. Its tech-enabled approach incorporates AI, Amazon AWS, and real-time analytics to deliver transparent, collateral-free, and asset-backed products tailored to MSME needs.
Sharad Agarwal brings over two decades of cross-functional expertise in corporate finance, business transformation, and regulatory advisory, making him well-suited to steer Profectus toward accelerated growth. His background includes strategic roles in P&L leadership, M&A execution, treasury management, risk mitigation, and IPO readiness, honed at firms like BDO Lodha & Co. and fintech startups such as Arthmate, where he led finance operations and compliance with RBI, FEMA, and GST norms.
This move aligns with Profectus Capital’s evolution following its June 2025 acquisition by Ugro Capital Ltd for approximately INR 1,400 crores in an all-cash deal from its previous investor, Actis. Under new ownership, the company aims to deepen MSME outreach in tier-2 and tier-3 cities, focusing on cluster-based funding, solar energy loans, and digital onboarding to bridge financing gaps amid RBI’s supportive policies for the sector.
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Industry trends underscore the strategic fit, as NBFCs like Profectus enhance operational efficiency through tech integration to compete with banks and fintechs. Agarwal’s leadership is poised to drive portfolio diversification, faster disbursements, and sustainable growth, targeting expanded market penetration in 2026.
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