Gurugram, Haryana, India, May 2025 — Anupam Vasdani has taken over as Group Chief Financial Officer (CFO) at Balancehero India, a fast-growing digital financial services platform and wholly-owned subsidiary of Korea-based Balancehero Co. Ltd. His appointment comes at a pivotal moment as the company continues to expand its footprint in India’s dynamic fintech landscape.
Bringing with him over 20 years of extensive leadership experience in finance, Vasdani has held senior positions across marquee organizations such as Toyota Financial Services India, Habitat Housing Finance, Deutsche Postbank Home Finance, and FiNoble Advisors. His expertise spans key financial functions including fundraising, investor relations, regulatory compliance, treasury management, asset liability management (ALM) risk, and digital transformation.
In his previous role as Chief Financial Officer at Toyota Financial Services India, Vasdani led the company’s funding strategy and executed annual fundraises totalling INR 200 billion through instruments like NCDs, CPs, and offshore borrowings. He also oversaw IT and digital transformation initiatives and was part of crucial committees covering ALM, pricing, credit, and risk.
Earlier in his career, Vasdani held senior finance and treasury roles at Habitat Housing Finance, Deutsche Postbank Home Finance, and FiNoble Advisors, where he spearheaded strategic fundraising, capital market borrowings, corporate finance advisory, and investor relations across various phases of business cycles.
At Balancehero India, Vasdani will report to CEO Charlie Lee, and play a critical role in shaping the company’s financial strategy and execution during a period of rapid business growth. Balancehero India recently posted impressive metrics with a 40% year-on-year revenue growth and a 38% increase in Assets Under Management (AUM) in FY25, reinforcing its vision to make digital financial services accessible to underserved communities.
Balancehero India
Founded in 2014, Balancehero India Pvt. Ltd. operates the popular mobile app True Balance, offering wallet services, utility payments, and digital lending to India’s unbanked and underbanked users. Headquartered in Gurugram, the company has become a key player in the fintech sector by empowering India’s Tier 2 and Tier 3 cities with easy access to financial solutions. Supported by global investors including SoftBank Ventures Asia and Line Ventures, Balancehero India continues to drive financial inclusion while expanding its product suite and customer base.
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