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MANAGING DIRECTOR & CEO MESSAGE

When was the last time your loan got approved with minimal hassle and paperwork? At Hero FinCorp, this happens every day, as we are committed to providing value-based innovative products with the customer service that you deserve. Our steadfast commitment to these ideals has put us on the path to becoming the financier of choice. We follow the footsteps of our Mentor & Group Founder Late Shri. B.M.L. Munjal, a visionary leader who successfully built numerous businesses on the foundation of excellence and innovation.

Today, we are one of India's fastest growing NBFCs, disbursing a loan every 30 seconds. On the corporate lending front, we have extremely strong relationships with over 2000 high growth companies. We will spare no effort in upping the ante to record success and break new ground; with our diverse and competitively priced products, repertoire of marquee clients, extensive geographic presence and outstanding customer experience.

We are well on our way towards building India’s largest one-stop financial services company.

Abhimanyu Munjal

ABOUT THE COMPANY

Finance Made Easy. Three simple words, that drive India's next generation ultra-lean credit champion – Hero FinCorp. Incorporated in December 1991 as Hero Honda FinLease Limited; the restructuring of our parent company Hero MotoCorp Limited, led to our present form as Hero FinCorp Limited.

Today, we're present at close to 2000 retail financing touch-points across Hero MotoCorp's network, and have partnered with over 2000 satisfied corporate clients. Going forward, we plan to continuously expand our offerings and geographic presence, whilst offering class leading financial services to all sections of our society.

VISION

To be a financier of choice and become a one-stop financial services company, by offering world class products through innovation & teamwork.

MISSION

We strive to be the best, most transparent, next-gen ultra lean credit champion.

VALUES

Our culture manifests through 5 core values - 'TITHI' Teamwork | Integrity | Trust & Respect | Humility | Innovation & Speed

OUR JOURNEY AND MAJOR EVENTS

1991

Incorporation of our Company as Hero Honda Finlease Limited

1992

Received certificate of commencement of business

1996

Received license to operate as an NBFC from the RBI

2011

Name of the company changed from “Hero Honda Finlease Limited” to “Hero FinCorp Limited”

2014

Launched two-wheeler financing business

2015

Launch of corporate finance business

2016

Private equity investment of ₹ 2.00 billion by Otter Limited in our Company; and
Private equity investment of ₹ 2.00 billion by Otter Limited in our Company; and

2017

Incorporation of our Subsidiary, ‘Hero Housing Finance Limited’;
Launched pre-owned car finance business;
Received registration to act as a ‘Corporate Agent’ from IRDAI; and
Achieved AUM of ₹100 billion

2020

Private equity investment of ₹ 10.75 billion by Apis Growth II (Hibiscus) Pte. Ltd., Otter Limited, Credit; Suisse (Singapore) Limited along with some other investors in our Company;
Our customer base crossed 5 million; and
Launched Digital Loan Product
Achieved AUM of ₹100 billion

2021

Launched ‘SimplyCash’ (Hero Instant Personal Loan) - a digital loan product through dedicated app.

2023

Launched electric vehicle financing; and
Our customer base crossed 10 million

BOARD OF DIRECTORS

Mr. Abhimanyu Munjal

Mr. Abhimanyu Munjal is the Managing Director and Chief Executive Officer of Hero FinCorp. He completed the International Foundation Programme in Business Management from the Warwick University, United Kingdom, and a senior executive programme from the Wharton School, University of Pennsylvania, P... Read More

Mr. Sanjay Kukreja

Mr. Kukreja is the MD of ChrysCapital, and leads the Business Services, Financial Services and Manufacturing sectors for the firm. He holds an M.B.A. from IIM, Bangalore and a BA in Economics from SRCC, Delhi University.

Mr. Paramdeep Singh

Mr. Paramdeep Singh is a Non-Executive Independent Director of Hero FinCorp. He is a serial entrepreneur renowned for co-founding JioSaavn, India's largest and fastest-growing music streaming service, which was acquired by Reliance Industries in 2018. Mr. Singh is also a co-founder and angel investo... Read More

Ms. Anuranjita Kumar

Ms. Anuranjita Kumar is an Independent Director of Hero FinCorp. A veteran in Human Resources, Ms. Kumar has over 25 years of global experience, including senior HR positions in Asia, North America, and Europe through her stints at Citi Bank, Royal Bank of Scotland, and P&G. She holds a bachelor’s d... Read More

Mrs. Renu Munjal

Mrs. Munjal is the Director of Hero FinCorp Ltd., she is also actively involved in various philanthropic activities across the Hero Group

Mr. Amar Raj Singh Bindra

Mr. Amar Raj Singh Bindra is an Independent Director of Hero FinCorp. He holds a bachelor’s degree in Commerce from Sydenham College of Commerce, Mumbai, and a master’s degree in Management Studies from Jamnalal Bajaj Institute of Management Studies, Mumbai. Additionally, he has completed the Wharto... Read More

Mr. Kaushik Dutta

Mr. Kaushik Dutta is an Independent Director of Hero FinCorp. He holds a bachelor’s degree in Commerce from St. Xavier’s College, University of Calcutta, Kolkata, and is a qualified Chartered Accountant. He has been associated with Hero FinCorp since June 27, 2024. Mr. Dutta has held significant rol... Read More

Ms. Aparna Popat Ved

Ms. Aparna Popat Ved is an Independent Director of Hero FinCorp. A former Indian badminton champion, Ms. Ved represented India at the Olympics (2000, 2004), Asian Games, Commonwealth Games, and World Championships. She received the Arjuna Award and a certificate from the World Olympians Association ... Read More

Dr. Pawan Munjal

Dr. Pawan Munjal is the Chairman and Non-Executive Director of Hero FinCorp. He is widely recognized as one of India’s leading corporate figures, driving growth, socio-economic development, and technological innovations. He currently serves as the Chairman of Hero MotoCorp, the world’s largest manuf... Read More

Mr. Pradeep Dinodia

Mr. Pradeep Dinodia is a Non-Executive Director of Hero FinCorp. He holds a bachelor’s degree in Economics and Law from the University of Delhi. He was admitted as an associate of the Institute of Chartered Accountants of India (ICAI) in 1978 and became a fellow in 1983. He has been felicitated with... Read More

BOARD COMMITTEES

Audit Committee

Mr. Kaushik Dutta - Chairman
Mr. Pradeep Dinodia - Member
Mr. Paramdeep Singh - Member
Mr. Amar Raj Bindra - Member

Nomination & Remuneration Committee

Mr. Paramdeep Singh - Chairman
Dr. Pawan Munjal - Member
Ms. Anuranjita Kumar - Member

Risk Management Committee

Mr. Abhimanyu Munjal - Chairman
Mr. Pradeep Dinodia - Member
Mr. Sanjay Kukreja - Member
Mr. Amar Raj Bindra - Member

IT Strategy Committee

Mr. Paramdeep Singh - Chairman
Mr. Pradeep Dinodia - Member
Mr. Abhimanyu Munjal - Member
Mr. Sanjay Kukreja - Member
Mr. Sajin Mangalathu - Member

Stakeholder Relationship Committee

Mr. Pradeep Dinodia - Chairman
Mrs. Renu Munjal - Member
Mr. Abhimanyu Munjal - Member
Mr. Kaushik Dutta - Member

Corporate Social Responsibility Committee

Mrs. Renu Munjal - Chairperson
Dr. Pawan Munjal - Member
Mr. Pradeep Dinodia - Member
Mr. Abhimanyu Munjal - Member
Ms. Aparna Popat Ved - Member

APPOINTMENT OF INDEPENDENT DIRECTOR

Terms & Conditions of appointment of Independent Director

Familiarization Programme to Independent Directors

LEADERSHIP TEAM

Abhimanyu Munjal

Managing Director & CEO

Mr. Abhimanyu has over 15 years of experience in strategic leadership and people management. He has successfully spearheaded international JVs, M&As, and Complex Transformations.

Ajay Sahasrabuddhe

Chief Revenue Officer

Ajay Sahasrabuddhe is the Chief Revenue Officer – Retail Finance at Hero FinCorp. He joined the company in Jan 2013 as the Business Head – Two Wheelers and was appointed the Chief Revenue Officer – Retail Finance in May 2022. In his current position, he oversees Unsecured and Secured Businesses an... Read More

Joydeep Basu

Chief Business Officer – Wheeled Assets

Joydeep Basu is the Chief Business Officer – Wheeled Assets at Hero FinCorp, a position he has held since May 2022. He joined the company in June 2014, as the Network Head. In his current role, he oversees the management of Wheeled Assets Business and Administration & Infrastructure. He holds a b... Read More

Mahesh Kumar Sanghavi

Chief Business Officer – Corporate & Institutional Finance

Mahesh Kumar Sanghavi is the Chief Business Officer – Corporate & Institutional Finance of Hero FinCorp. He joined the company in February 2023 and oversees the Corporate and Institutional Finance Business. He holds a bachelor’s degree in Commerce from the University of Calcutta and is a certified C... Read More

Priya Kashyap

Chief of Staff & Chief Human Potential Officer

Priya Kashyap is the Chief of Staff and Chief Human Potential Officer at Hero FinCorp. She joined the organization in December 2017 and oversees Marketing, Transformations, Analytics, and Human Resources. She holds a bachelor’s degree in Commerce from Lady Shri Ram College for Women, University of... Read More

Subhransu Mandal

Chief Compliance Officer

Subhransu Mandal is the Chief Compliance Officer of Hero FinCorp, a position he has held since January 2023. He is responsible for overseeing Compliance across the organization. Before this role, he was the Head of Operations in the Retail Finance Department within the company. Subhransu holds a b... Read More

Sajin Purushothaman Mangalathu

Chief Financial Officer, Chief Information Officer & Head - Operations

Sajin Purushothaman Mangalathu is the Chief Financial Officer, Chief Information Officer, and Head of Operations at Hero FinCorp. He has over 29 years of experience in the Banking and Finance Industry. Sajin joined Hero FinCorp in October 2016, as the Head of Information and Technology, and was appo... Read More

Srishti Sethi

Chief Risk Officer

Srishti Sethi is the Chief Risk Officer at Hero FinCorp, a role she has held since April 2020. She is responsible for overseeing the Company's Risk Management functions. Srishti holds a bachelor’s degree in Arts from Lady Shri Ram College for Women, University of Delhi, and a Post-Graduate Diplom... Read More

Ugen Tashi Bhutia

General Counsel

Ugen Tashi Bhutia is the General Counsel of Hero FinCorp. He joined the company in January 2023 and oversees all legal affairs for the organization. He holds a bachelor’s degree in Commerce from the University of North Bengal and a Bachelor’s degree in Law from the University of Delhi. Ugen brings o... Read More

HERO FINCORP - GROUP COMPANY

HERO HOUSING FINANCE LIMITED

Incorporated as a subsidiary of Hero FinCorp, Hero Housing Finance Ltd. (HHFL) comes as a natural extension to the group's motto of serving the man on the street. Focused on having a diversified presence across India, HHFL is looking to be an all-inclusive housing finance company with offerings across affordable, mid-market and prime segments. The company will focus on end-to-end digital lending to enable a joyful home ownership experience for our customers.

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