Cashinvoice, a digital platform for supply chain finance, is pleased to announce that Avinash Pandey, who has spent over a decade working with various top banks in senior positions, has joined its leadership team as the director, client coverage. In this role, Avinash will be responsible for strengthening client relationships, expanding Cashinvoice’s market presence, and spearheading the development and implementation of innovative financing solutions.
With an impressive career span over 17 years, Avinash has successfully navigated the complexities of the financial sector, consistently delivering exceptional results. Prior to joining Cashinvoice, Avinash held various key roles in renowned financial institutions, including HDFC Bank, IndusInd Bank, Tata Capital, Kotak, and ICICI Bank. Throughout his tenure as a corporate banking professional, Avinash has demonstrated his leadership abilities, driving the growth and success of the organization.
“We are thrilled to welcome Avinash Pandey to our leadership team,” said Arun Poojari, co-founder and CEO of Cashinvoice. “Avinash’s remarkable track record and deep understanding of corporate banking as well as supply chain financing landscape will be instrumental in driving our growth strategy. We believe that his expertise in banking, and trade finance industry will be valuable as Cashinvoice enters its next phase of growth eyeing to increase its yearly discounting throughput by 3x in the current FY.”
Avinash expressed his enthusiasm about joining Cashinvoice, stating, “I am thrilled to be a part of the Cashinvoice team, where innovative solutions in technology are simplifying the digitization of supply chain finance. I look forward to leveraging my experience and delivering exceptional value to our clients while also driving the organization’s growth in order to achieve the company’s vision of transforming the supply chain financing market.”
In his previous stint at a Bank as Team Lead in the Mid Corporate division, Avinash showcased his expertise in developing tailored financial solutions for corporate clients. He has also spent a significant time at Tata Capital, where he honed his skills in supply chain financing and played a pivotal role in enhancing the company’s trade finance operations.
On the other hand, Cashinvoice platform is growing multifold and has formed strategic alliances with large corporates such as Patanjali Foods to provide timely and affordable working capital to a pool of their dealer network. Additionally, they have onboarded leading NBFCs such as Cholamandalam Finance and Hero Fincorp to help penetrate deep and quickly into supply chain finance programmes, enabling liquidity to vendor ecosystems and credit to small businesses in India. Cashinvoice now has a large network of over 30 financiers, 100 corporate purchasers and sellers, and over 30,000 MSMEs registered on its platform. The digital platform has grown by 120% year on year.