About IIFL Samasta
IIFL Samasta, an IIFL Group company, is a microfinance institution committed to working towards women’s economic empowerment. Since its inception in March 2008, IIFL Samasta has been providing innovative and affordable financial products to women from unbanked sections in society in both rural and semi urban areas. Today as the organisation caters to 22 states across India, IIFL Samasta with its wide array of responsible financial products and services acts as a catalyst for sustainable and inclusive economic growth.
We are leveraging innovative technology solutions to enable customers to enjoy the benefits of digitisation and we aim to create economic opportunities for all and to improve the standard of living in the communities we serve.
As part of our Corporate Social Responsibility initiatives, Samasta has established financial literacy centers for customers to equip them to make smart financial decisions for a secure future for themselves and their families.
our vision
To be the chosen financial products and services provider backed by technology and passionate human capital.
our mission
To bridge the gap between our customers’ ambition and achievement by providing top-notch financial products and services.
our values
- Integrity always
- Respect for individuals and communities
- Excellence in everything we do
VENKATESH N
Managing Director
Venkatesh is the founder and MD of IIFL Samasta. He has over 20 years of experience in the financial services industry as an entrepreneur. Venkatesh was also the founder of the erstwhile PNV Techno Acquisitions Private Ltd. that marketed financial products, and Affluence Edifice, that provided wealth management services for individuals. Venkatesh holds a Bachelor’s degree in Computer Science and has completed the Harvard Business School-ACCION Program on Strategic Leadership in Microfinance.
SHIVAPRAKASH DEVIAH
Whole Time Director & Chief Information Officer
Shivaprakash co-founded IIFL Samasta in 2008. He leads IIFL Samasta’s technology-led initiatives which includes the setting of comprehensive IT infrastructure to facilitate smooth operations. He also oversees Operations to ensure seamless execution of business strategies. Shivaprakash has over two decades of experience spanning the software and financial services industries. Before co-founding IIFL Samasta, he managed global technology projects for Wipro. Read More
MANOJ PASANGHA
Deputy Chief Executive Officer
Mr. Manoj Pasangha is IIFL Samasta’s Deputy Chief Executive Officer. He has over 28 years of multi-industry work experience ranging from the Australian News Corp to Ansett Airlines. He was serving as the Executive Vice President & COO – SZ of Bharat Financial Inclusion Ltd, which is India’s largest and first public listed MFI. He had also promoted his own hospitality business at Australia.Read More
ANANTHA KUMAR T
Chief Financial Officer
Anantha Kumar is the Chief Financial Officer at IIFL Samasta. In this role, he is responsible for overall budgeting, reviewing and managing operational expenses, and monitoring payroll. Anantha joined IIFL Samasta in May 2016 and has over 15 years of experience across industries such as financial services, steel, garments and IT. His expertise lies in audit, strategy, accounts & finance, treasury, and tax Read More
Vivek Kashyap
Chief Operating Officer
Mr. Vivek Kashyap is the Chief Operating Officer at IIFL Samasta. In this role, Mr. Kashyap leads strategic initiatives aimed at expanding our microfinance footprint into new regions and markets. His expertise lies in driving business growth by implementing cutting-edge processes and technologies, ensuring our operations are streamlined and efficient.
His illustrious career encompasses notable roles at esteemed organizations including Utkarsh Small Finance Bank Ltd, SKS Microfinance Ltd, , Tata Motors Ltd, Swarna Pragati Housing Microfinance, and FINO Ltd.
MANISH AGRAWAL
Chief Risk Officer (CRO)
Mr. Manish Agrawal is the Chief Risk Officer (CRO) at IIFL Samasta. He comes with almost 2 decades of corporate experience ranging over diverse fields of Risk Management, Credit Rating, Treasury, Structured Finance, Strategy & Planning and Risk analytics. In his past assignment, he was instrumental in establishing Risk management framework & Governance structure in a newly established Bank.Read More
RAVI SHAH
Head of Corporate HR & CSR
Ravi Shah is the Head of Corporate HR & CSR at IIFL Samasta. He has joined with over 16 Years of experience in the areas of People Practices, HR Business Partnering and Strategic HR Management, impacting through several initiatives around people management, culture & capability building, productivity, amongst others.Read More
ASHOK KUMAR GOPALASAMY
Head of Business HR
Ashok Kumar Gopalasamy is the Head of Business HR at IIFL Samasta. He brings about 18 years of professional experience, with a significant emphasis of over 14 years of experience in the BFSI sector. His expertise spans across HR functions, including Talent Acquisition, Business Partnering, HR digital transformation, Performance Management and Centre of Excellence development.Read More
GUNASEKARAN LOGANATHAN
Chief Information Security Officer
Gunasekaran Loganathan is the Chief Information Security Officer at IIFL Samasta. In this role, he is responsible for managing data security initiatives, early detection and communication of potential security threats, preventive measures and security roadmaps to ensure efficient risk-free business operations.Read More
MANORANJAN BISWAL
Company Secretary and Chief Compliance Officer
Mr.Manoranjan Biswal is the Company Secretary and Chief Compliance Officer of IIFL Samasta. He is a qualified member of the Institute of Company Secretaries of India (ICSI), a Law Graduate and a Graduate in Commerce. He has more than 8 years of experience in the field of Secretarial, Compliance, Listing, Debt issuance, Legal, managing the compliances pertaining to Capital Infusion and coordination with Regulatory authorities.Read More
VENKATESH N
Managing Director
Venkatesh is the founder and MD of IIFL Samasta Microfinance
Ltd. He has over 20 years of experience in the financial
services industry as an entrepreneur. Venkatesh was also the
founder of the erstwhile PNV Techno Acquisitions Private
Ltd. that marketed financial products, and Affluence
Edifice, that provided wealth management services for
individuals. Venkatesh holds a Bachelor’s degree in Computer
Science and has completed the Harvard Business School-ACCION
Program on Strategic Leadership in Microfinance.
SHIVAPRAKASH DEVIAH
Whole Time Director & Chief Information Officer
Shivaprakash co-founded IIFL Samasta in 2008. He leads IIFL
Samasta’s technology-led initiatives which includes the
setting of comprehensive IT infrastructure to facilitate
smooth operations. He also oversees Operations to ensure
seamless execution of business strategies. Shivaprakash has
over two decades of experience spanning the software and
financial services industries. Before co-founding IIFL
Samasta, he managed global technology projects for Wipro.
MALINI B EDEN
Independent Directorr
Malini has been a Development Specialist and Strategy Consultant for over two decades and has significant experience of working for the marginalized and drawing them into policy across several developmental themes. She has been part of bilateral agencies and government Boards at the state, national and international levels in areas such as economic empowerment, health and donor relations.
GOVINDA RAJULU CHINTALA
Additional (Independent Director)
Dr G R Chintala has more than 20 years of experience as director of Boards of various Financial, Insurance & Microfinance institutions. Currently, He holds various position of Non- Executive Chairman of a Sugar Group, Independent Director on the Boards of Two NBFCs, Chairman of Research Advisory Committee of ICAR – NAARM (GOI Institution),Read More
He was the Chairman,NABARD till 31st July 2022. As a Chairman, he was responsible for the landmark projects that were sanctioned/partnerships entered into such as Multi-purpose link project to Madhya Pradesh, Long-term irrigation fund & RIDF in Uttar Pradesh, Infrastructure project to Tamil Nadu, Infrastructure assistance to Goa, Computerisation of PACS in Uttarakhand, Special Package for UT of J&K, Health care infrastructure under RIDF/NIDA, Rural Infrastructure Assistance to States (RIAS) etc.,
Dr. G R Chintala was awarded Asia’s Most Promising Business Leader Award 2020-21 by The Economic Times. He was also awarded Honorary Doctorate in Science by Professor Jayashankar Telangana State Agricultural University, Hyderabad.
He attended quite a few but notable among was the Conference attended on invitation at NAIROBI (Kenya) for presenting a paper on “Rural Transformation Through Info Tech –Indian Experiences” in 2003. He also presented on various topics in National level Seminars & Conferences, GIZ Program at Frankfurt, Germany,in 2012, RACAS conference at Dakar, Senegal in 2016, International Workshop on RuFBeP by APRACA at Beijing in March 2018. He was also Panellist in many conferences on Microfinance organised by MFIN, SaDhan and Access Assist
KALENGADA MANDANNA NANAIAH
Additional (Independent Director)
Nanaiah Kalengada was the Managing Director, Equifax Credit Information Services Private Limited for over five years till July’23. He was responsible for providing leadership and oversight for the Credit Bureau in India. Nanaiah has led Equifax to build diversified solutions with exchanges across Retail, Microfinance, Commercial and Fraud Risk management over the years with a unique market position.Read More
Equifax was awarded with the ‘Best Brands’ by the Economic Times for 2 consecutive years in 2021 and 2022 under his leadership and Mint Tech Circle, an arm of HT Media group awarded Equifax for excellence in digital execution. During his tenure Equifax launched publications like Microfinance Pulse report in partnership with SIDBI, State of Micro enterprise Financing report with Access Assist, Mapping the Indian Retail Lending landscape with PWC and Fintech lending trends with FACE.
While at Equifax, Nanaiah was also the Director of Infocredit Holdings Private Limited (IHPL) based in Singapore, one of holding companies of a credit bureau in Singapore and was a Committee Member of CII National Committee on Inclusion and Digitization.
Prior to joining Equifax, he was the Managing director of Pitney Bowes in India, a global technology company for ten plus years. He has set up the India Business of Pitney Bowes as the first Managing director and managed the business successfully for over ten plus years. Overall experience of 16 plus years in the role of Managing Director between Pitney Bowes India and Equifax Credit Information Services.
Nanaiah has wealth of experience, knowledge and understanding of the financial services industry in the area of data, technology and analytics. He is also a visiting faculty at College of Supervisors, Reserve Bank of India. Very passionate about Microfinance. He has received awards for encouraging Diversity at workplace.
NIHAR NIRANJAN JAMBUSARIA
Additional (Independent Director)
CA. Nihar Niranjan Jambusaria is a distinguished member of the Institute of Chartered Accountants of India (ICAI), renowned for his exceptional leadership and expertise in the field. He has served as the former President and Vice President of the ICAI, as well as President of the South Asian Federation of Accountants (SAFA).Read More
Since 1984, Mr. Jambusaria has been the senior partner at N. N. Jambusaria & Co., Chartered Accountants, offering unparalleled consultancy services to esteemed clients such as the Reliance group and various public and private sector organizations. His areas of specialization include Direct Tax, International Tax, Mergers & Acquisitions, FEMA, and Business Restructuring.
Prior to his consultancy role, Mr. Jambusaria held the position of Senior Vice President at Reliance Industries Ltd., further enriching his practical experience in the corporate landscape. Beyond his corporate endeavors, Mr. Jambusaria has served as a member of the Government Accounting Standards Advisory Board (GASAB) and the Audit Advisory Board of the Comptroller and Auditor General (CAG), reflecting his dedication to upholding professional standards and integrity in the accounting industry.
VENKATARAMAN R
(Non-Executive Director)
He holds Post Graduate Diploma in Management from the Indian Institute of Management (IIM), Bangalore and Bachelor in Electronics and Electrical Communications Engineering from IIT Kharagpur. He has been contributing immensely in the establishment of various businesses and spearheading key initiatives of the Group over the past 24 years. He previously held senior managerial positions in ICICI Limited, including ICICI Securities Limited, their investment banking joint venture with J P Morgan of US and Barclays –BZW. He worked as an Assistant Vice President with G E Capital Services India Limited in their private equity division. He has a varied experience of more than 31 years in the financial services sector.
Our philosophy is to involve the individual and community in creating social change where it is most needed. We believe that by being the catalyst for change and development, we can enable individuals to rise above limiting circumstances and work towards a better quality of life.
The philosophy behind our logo:
Our vision for Samasta (in Sanskrit: all-encompassing) is to involve the individual and community in creating social change where it is most needed. We believe that by being the catalyst for change and development, we can enable individuals to rise above limiting circumstances and work towards a better quality of life. At the core of our logo is the symbolic human figure with an arrow to represent a forward movement of an individual towards development.
The idea of a ‘fractal’ where the same figure is replicated many times represents our belief that this change can be replicated and grows organically from individual to society and further. Here, several individuals come together to support this growth as a group and consequently their entire community. The three concentric circles represent the increasing reach of the organisation to include more members, and the possibility of limitless growth and change. The choice of colors represents warmth and energy.
IIFL Samasta Finance Limited, an IIFL Group company, has been honoured by Smart Campaign for having met all the client protection principles. Smart Campaign is the globally recognized, independent, third-party evaluation that publicly recognizes financial institutions that meet adequate standards of care in how they treat their clients. The campaign enables a financial institution to demonstrate its adherence to the Finance Industry’s Client Protection Principles.
IIFL Samasta is the first financial institution in the FY 2020-21 to have been bestowed with this honour. Along the way, IIFL Samasta has achieved many milestones such as
- A+ CRISIL rating and we are also ISO certified.
We believe in nurturing an innovative environment for our employees leading to new thoughts and new ways of improving Customer Engagement and thereby Customer Delight. We are constantly in the pursuit of socio-economic upliftment of our customers and society at large.
LOREM IPSUM HEADING
Member of B.O.D
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LOREM IPSUM HEADING
Member of B.O.D
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our
vision
To be the chosen financial products and services provider backed by technology and passionate human capital.
our
mission
To bridge the gap between our customers’ ambition and achievement by providing top-notch financial products and services.
our
values
- Integrity always
- Respect for individuals and communities
- Excellence in everything we do