Yubi Group appoints Vipul Mahajan as chief business officer

Yubi Group announced on Wednesday that it has appointed Vipul Mahajan as the Chief Business Officer.

In his new role, Mahajan will focus on enhancing Yubi's lender relations across private sector banks, public sector units (PSUs), and offshore markets. He will also lead initiatives to strengthen the firm's partnerships with stakeholders in the financial services sector, including Non-Banking Financial Companies (NBFCs), banks, and regulatory bodies. Mahajan brings nearly two decades of experience in business development, partnerships, go-to-market (GTM) strategies, and analytics.

Previously, he was the head of commercial, fintech, and direct-to-consumer business at TransUnion CIBIL. Mahajan has also held leadership roles at Yes Bank, Barclays, and HDFC Bank.

Founded in 2020 by CEO Gaurav Kumar, Yubi Group powers the end-to-end debt lifecycle and is backed by investors such as Peak XV, Lightspeed, Lightrock, TVS Capital, B Capital Group, Dragoneer Investment Group, and Insight Partners. The company currently facilitates over ₹140,000 crore in debt volumes, serving more than 17,000 enterprises and over 6,200 investors and lenders while reducing collection costs by 57%.

"Vipul's extensive experience building and nurturing strategic partnerships will be instrumental in expanding our reach and impact across critical financial ecosystems. His vision is aligned with our mission to bridge gaps in credit access and deepen financial inclusion, fostering a more robust and resilient credit landscape," said Kumar.