Moneyboxx Finance Limited, a BSE listed NBFC has appointed industry veteran Praveen Gupta as its Chief Impact Officer.
Co-founder of a renewable energy company BetterPower, Gupta has varied corporate experience of over 15 years. He has worked as Chief Operating Officer of Manipal Green Tech India Pvt Limited (a Manipal Group company), where he was responsible for setting up a renewable energy business for the group.
Before Manipal Group, Gupta worked as AGM-Offtake with Renew Power, a Goldman Sachs company & one of the largest Independent Green Power Producing companies in India, and as Senior Manager-Sustainability with Infosys Limited.
He is also a member of various industry bodies and has worked with the different regulatory agencies responsible for promotion of renewable energy.
“We are delighted to have Praveen joining us,” said Deepak Aggarwal, Co-Founder and CFO of Moneyboxx. “His impeccable credentials and proven track record leave us with no doubt that he will be an excellent addition to the company. Praveen will lead Moneyboxx initiatives in improving lives of our customers through higher business efficiencies across segments i.e. higher milk yields for livestock customers, increasing income for agri-farmers and improving supply-chain for other retail borrowers and thus, creating significant positive impact on our customers.”
India is an emerging economic power with great potential given its young and large population base, however, limited capital, low investments in research & innovations, skills gap poses a challenge of limited employment opportunities. In this scenario, it is important that everyone gets a fair chance to contribute to the country’s economic development & access to capital becomes the most important anchor to start that journey.
“Moneyboxx provides that anchor & my role is to see how that anchor provides multiple levers to enrich that journey of our customers. I look forward to this role and hope to contribute to the company’s growth and its stakeholders in a meaningful manner,” said Mr. Praveen Gupta, while expressing happiness on his association with Moneyboxx Finance.
Gupta is a 2006 batch Chartered Accountant and an alumnus of Indian Institute of Management-Bangalore (IIMB), Bangalore. His passion is to work for the betterment of society.