New Delhi, Delhi, India, April 2026 – MegaCorp Limited, a BSE-listed, RBI-registered NBFC with over four decades of experience in inclusive, technology-led lending through platforms such as Lendigo and eFinance, today announced the appointment of Loveena Kansal as Executive Vice President – Business Head. Based in New Delhi, she will lead the company’s business strategy and oversee the build-out of its digital-first lending platform, reporting directly to the Board. This underscores the strategic importance of this role in driving MegaCorp’s next phase of growth. A seasoned BFSI and digital transformation leader with over two decades of experience, she brings deep expertise across banking, insurance, and NBFC ecosystems. She has a strong track record of driving large-scale transformation programs, building digital-first customer journeys, and delivering growth through platform-led strategies and strategic partnerships.
She brings extensive experience across leading BFSI institutions like Banks and NBFCs, including Max Life Insurance, IndusInd Bank, RBL Bank, and Religare Finvest, where she held key leadership roles driving and scaling digital businesses. Her expertise spans building partnership-led growth models, optimizing customer acquisition economics, and significantly improving turnaround times.
In addition, Loveena has served as a Strategic Advisor to multiple fintechs and NBFCs, driving business transformation, go-to-market strategy, and product innovation. Her experience spans embedded finance, digital banking, retail lending, and micro-SME financing, with a strong focus on financial inclusion. She holds an MBA in Systems and Operations and an EPBA in Business Analytics from the Indian Institute of Management Calcutta, and has completed executive programs at the Indian School of Business and MIT Sloan School of Management, with a focus on AI-led business strategies.
Speaking about her new role, Loveena Kansal, Executive Vice President – Business Head, MegaCorp Ltd. said: “The BFSI landscape is at a clear inflection point, with digital innovation, embedded finance, and platform-led models fundamentally reshaping how credit is accessed and delivered. MegaCorp is uniquely positioned to lead this shift, backed by its strong legacy and forward-looking approach. I look forward to building a scalable, inclusive, and high-impact lending platform that enhances customer experience, drives financial inclusion, and supports sustainable growth.”
Commenting on this, Kunal lalani, Director, MegaCorp Ltd. said: “Today, we welcome Loveena to our team at a very important juncture in the evolution of MegaCorp Ltd. We have no doubt that with her deep insights into the domain of digital lending, coupled with her ability to scale platforms, she will be instrumental in taking us to the next level of our journey.”
Some of the immediate steps taken by MegaCorp Ltd. under her leadership will include launching a diversified portfolio of lending products, starting with salary advances and electric vehicles.
This leadership move shows that the company has always emphasized nurturing talent for building robust leadership capabilities.
About Mega Corporation Limited
Mega Corporation Limited is a publicly listed, RBI-registered Non-Banking Financial Company (NBFC), incorporated in 1985, with over four decades of operating history and institutional credibility. Headquartered in New Delhi, the company focuses on delivering responsible, technology-led lending solutions to underserved segments across India. It has built a strong reputation for prudent risk management, reflected in consistently low non-performing assets (sub-1% NPA), and is among a select few institutions empanelled to lend directly through State Government payroll systems, with active deployments such as in Rajasthan.
Driven by a mission to expand financial inclusion, Mega Corp serves underserved segments, including government employees through its Lendigo vertical and e-rickshaw drivers through eFinance. Its scalable, digital-first approach enables efficient and transparent lending, while its dual-impact model combines financial returns with sustainability outcomes. By supporting clean mobility and targeting an annual reduction of up to 50,000 tonnes of CO₂ emissions, the company aims to deliver measurable environmental impact alongside stable returns of 14–15%, positioning itself as a forward-looking player in India’s evolving financial ecosystem.
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