July 20, 2017 4:51 PM ET

Internet Software and Services

Company Overview of Fairassets Technologies Private Limited

Company Overview

Fairassets Technologies Private Limited provides a peer-2-peer lending platform where potential lenders and borrowers can register and then interact amongst themselves to strike deals on lending and borrowing. The company’s platform enables users to know the borrower by their profession, caste, and mother tongue. It serves residents of India. The company was founded in 2013 and is based in Gurgaon, India.

238, Udyog VIhar

Phase IV

Gurgaon,  122002

India

Founded in 2013

Phone:

91 12 4412 5515

Key Executives for Fairassets Technologies Private Limited

Co-Founder and Chief Executive Officer
Co-Founder and Chief Operating Officer
Co-Founder
Chief Risk Officer
Chief of Product & Technology
Compensation as of Fiscal Year 2017.

Fairassets Technologies Private Limited Key Developments

Faircent.com Appoints Dr. Shakti Goel as Chief of Product and Technology

Faircent.com announced the appointment of Dr. Shakti Goel as Chief of Product and Technology. Dr. Goel is a technologist with more than 20-year track record of leveraging technology-based solutions to drive business growth.

Faircent Announces Executive Appointments

Faircent appointed Shivam Gupta as Chief Risk Officer and Karun Thareja as Head of Marketing. Through these appointments the P2P startup intends to attract the best talents in risk analytics which is a key for the platform to grow and also adopting the best marketing strategies. Gupta has been working with the Standard Chartered Bank for the last 10 years working for risk analytics, operations and collections. Thareja has around 20 years of experience in IBM, Oracle and Dassault Systems.

Faircent Appoints Bejoy Varghese as Chief Technology Officer

Faircent announced that it has appointed Bejoy Varghese as Chief Technology Officer as it looks to grow and augment its business by innovating and developing new technology. Varghese has in his previous avatar has built technology solutions for the complex and fast paced tech environments in banking & financial services. He has worked in leadership roles with companies like CSC, Cognizant, Infosys, Mphasis and Barclays. Within these organizations he has provided technology solutions to international financial institutions/banks like Western Union, JP Morgan Chase and Wachovia (Wells Fargo). He is a domain expert in global payments, investment banking, security services, money transfer and insurance. In his new role, Varghese will be responsible for providing direction in all technology-related infrastructure, processes and platforms. This focus includes bridging the intellectual property and technical expertise of Faircent to bring process efficiencies.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 11, 2016
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