We encourage our people to ideate and implement processes and products that they believe would be the best in the industry. This has resulted in an organisation of believers, committed to growth.

Arunkumar Padmanabhan, Co-Founder & CEO

Arunkumar Padmanabhan

Co-Founder - CEO

Arun is the CEO and is responsible for rollout of the branches, products and services and to scale up the business volumes in line with Svasti’s business plans.

Arun also handles the Human Resources function. Arun is a lawyer and was with ICICI Bank until June 2007, before leaving to start Svasti.

Over a period of six years at ICICI Bank he has acted as the legal advisor to the corporate banking, project finance, structured finance, private banking and treasury operations of the bank. He was part of the core strategic team that planned and executed the bank’s foray into international markets and comes with extensive experience in successfully launching new businesses and new products in various geographies.

Narayanan Subramaniam, Co-Founder, CFO & CIO

Narayanan Subramaniam

Co-Founder, CFO & CIO

Narayanan is responsible for operations process design and supporting it with technology initiatives. He also handles the Finance, Accounts, Operations Audit and Training Design.

Narayanan is a Chartered Accountant and a Certified Information Systems Auditor. As an auditor, he has been involved in conducting central audits of Oriental Bank of Commerce and Andhra Bank. As a banking technology consultant, he has been involved in projects for providing technology solutions to banking operations of ICICI Bank, ING Vysya Bank, and Lord Krishna Bank.

He also was a key member of the startup team of, a business intelligence venture, where his contribution lay primarily in heading the technology team.

Narayan Bhaskar  Vice President - HR & Admin

Narayan Bhaskar

Vice President - HR & Admin

Narayan heads the Human Resources, Administration, and IT Admin at Svasti. He has overall experience of 25+ years in Human Resources, and Legal Department. Prior to joining Svasti he worked with ICICI Bank and Pangea3.

Narayan has done is his Post Graduation Diploma in Human Resources and he is also a qualified lawyer.

Nitesh Kumar Sinha

Nitesh Sinha

Vice President – Operations Risk Management

Nitesh heads the Operations Audit and Centralize Disbursement Locations at Svasti. He has an overall experience of around 19 years in the microfinance sector. Prior to joining Svasti he has worked with NEED, Ujjivan and BASIX.

Nitesh Kumar has done his Bachelor's in Commerce and MBA in Rural Management.

Parin Vithlani

Parin Vithlani

Vice President - Training & Development

Parin heads Training and Development at Svasti. He has an overall work experience of 23 years, and is a seasoned learning and OD strategist. Before joining Svasti, Parin worked with reputed BFSI companies in India, like Suryoday Small Finance Bank, RBL FinServe Ltd., and Fino.

Parin has received several training and development awards and recognitions over the years, including most recently being recognised as a Changemaker at the ITL Awards 2024 by Software Verdict.

Ravikumar Nagaram Vice President - Microfinance Loans

Ravikumar Nagaram

Vice President – Microfinance Loans

RaviKumar heads the Microfinance Business Operations at Svasti. He has over 24 years of experience in the microfinance business sector. Prior to join Svasti he has worked with Share Microfinance and Spandana Sphoorthy Microfinance.

Ravikumar has done his Bachelor's in Commerce.

Sojanya Bum Senior Vice President - Finance & Accounts

Sojanya Bum

Senior Vice President - Finance & Accounts

Sojanya heads Finance and Accounts at Svasti. He is a Chartered Accountant with more than 15 years of experience in Audit and Accounting.

Prior to joining Svasti, he was a part of the founding team at IDFC FIRST Bank for around 5 years, and with HDFC Bank for a similar tenure prior to that. Throughout his banking career, he has experience working on the Indian GAAP, Ind AS and US GAAP accounting principles. He has also been associated with PriceWaterhouseCoopers where he was involved in the audit of financial sector companies.

Sudhakar Seetha Vice President – Services & Consumer Finance

Sudhakar Seetha

Vice President - Consumer Finance & MicroLAP Division

Sudhakar heads the Consumer Finance and the MicroLAP Division at Svasti. He has an overall experience of 25 years in microfinance sector. Prior to joining Svasti, he worked with Share Microfinance.

Sudhakar has a Bachelor's Degree, in Arts.

Varsha Waghela

Varsha Tank

Company Secretary and Chief Compliance Officer

Varsha Tank is responsible for the Legal and Secretarial work of the company. She is a Company secretary and she has also completed her Bachelors of Law from Mumbai University in 2016.

Varsha has a total work experience of 8 years, including with B.L. Tanna & Co. as an Assistant Company Secretary.

She has experience in Secretarial Audit, Compliances of Private and Unlisted Public Companies under the Companies Act, 2013 and 1956, Compliance of LLP under the Limited Liability Partnership Act, 2008, Compliance under FEMA and RBI NBFC Norms, She has experience in handling the overall compliance of the NBFCs including RBI Inspection, Audit and Legal Due Diligence.

Anil Purswani

Anil Purswani

Vice President – Technology & Projects

Anil Purswani is a seasoned professional with 28 years of diverse experience in program management, as a solution architect, enterprise architect, software developer, and scrum master. Anil is now responsible for managing a wide array of projects and development partners, at Svasti.

His prior roles include Enterprise Application Manager at Bridgetree in Bengaluru and Lead Architect at Bentley Systems in Pune. He has a proven track record in managing high-budget projects, optimizing costs, enhancing employee engagement, and ensuring high application uptime.

Anil holds a Master’s Degree in Computer Applications, and a Program Management Expert (PgME) certification.











At Svasti, we not only aim to be one of the finest Microfinance Companies in the country,
we also aim to be one of the finest places to work.