Balancehero India, a digital financial platform and subsidiary of Balancehero Co. Ltd., Korea, has announced the appointment of Anupam Vasdani as its new Chief Financial Officer (CFO).
Vasdani brings over two decades of diverse experience across key finance domains including fundraising, investor relations, regulatory compliance, and strategic business planning.
Prior to joining Balancehero India, he served as CFO at Toyota Financial Services India, where he successfully managed annual fundraising of INR 200 billion through various instruments such as non-convertible debentures (NCDs), commercial papers, and offshore borrowings.
A seasoned finance leader, Vasdani has deep expertise in treasury management, asset-liability management (ALM) risk among other operations. He also led digital transformation initiatives and served on strategic committees including ALCO, Risk Management, and IT Strategy.
His prior experience includes senior leadership roles at Habitat Housing Finance, Deutsche Postbank Home Finance, and Finoble Advisors, where he advised on private equity, mergers and acquisitions, and corporate finance with a focus on capital markets and regulatory compliance.
Charlie Lee, CEO of Balancehero India, commented on the appointment, “Anupam brings deep expertise in financial strategy and capital markets, making him a valuable addition to our leadership team. His experience will be instrumental as we expand operations and pursue our mission of ‘Finance for All’ across India.”
As for the company’s recent operations, the company reported a 40% increase in operational revenue from Rs. 645 crore in FY24 to Rs. 901 crore in FY25. Its Gross Assets Under Management (AUM) rose 38% year-on-year, from Rs. 1,009 crore in March 2024 to Rs. 1,391 crore in March 2025, reinforcing its position as a major player in India’s digital lending sector, focused on serving underserved and unserved communities.
