Balancehero India has appointed Soumyajit Ghosh as its Chief Operating Officer. Bringing over 18 years of expertise in data science, analytics, risk management, and business leadership, Soumyajit’s appointment aims to strengthen Balancehero’s operational capabilities and accelerate its mission of ‘Finance for All’ across India.
Previously, Soumyajit served as Chief Business Officer at IndiaLends, where he played an instrumental role in steering the company to profitability while leading revenue, analytics, and risk management functions. His extensive career also includes key positions at Capital One, Accenture, HSBC, and PwC, where he specialised in predictive modeling, machine learning, and AI-driven analytics.
An alumnus of the Indian Statistical Institute with a Master’s degree in Statistics, Soumyajit has deep expertise in building scalable digital lending frameworks for both B2C and B2B segments, establishing analytics and risk divisions, and developing proprietary risk models. The CEO of Balancehero India, Charlie Lee, expressed excitement about Soumyajit joining the leadership team, emphasising the critical role his AI, analytics, and operational experience will play in advancing the company’s AI transformation and customer experience innovation.
Soumyajit expressed a strong commitment to Balancehero’s vision of making financial services accessible and personalised for every individual, regardless of socioeconomic status or geography. He highlighted the opportunity to leverage AI and data to expand financial inclusion and reach the next billion customers across India.
Balancehero India, a wholly-owned subsidiary of Balancehero Pvt. Ltd. Korea, has witnessed remarkable growth, with revenue from operations soaring 40% from Rs. 645 crore in FY24 to Rs. 901 crore in FY25. Its Gross Assets Under Management (AUM) increased by 38%, reaching Rs. 1,391 crore in March 2025. These strong financial indicators establish Balancehero as a leader in India’s AI-enabled digital lending ecosystem.
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The company holds an NBFC and PPI license and operates across over 95% of India’s pin codes, continually pushing the boundaries of financial inclusion through innovative AI-powered solutions. Supported by marquee global investors such as SoftBank, Naver, and Line, Balancehero’s mission continues to resonate strongly in the country’s fintech landscape, playing a crucial role in driving the vision of Viksit Bharat.
