Balancehero India Appoints Anupam Vasdani as CFO

Balancehero India, a key player in the digital financial services segment and a subsidiary of Korea's Balancehero Co. Ltd., has appointed Anupam Vasdani as its new Group Chief Financial Officer (CFO). Vasdani is a seasoned finance executive with more than two decades of expertise in various financial domains, including fundraising, investor relations, and strategic business planning. Before joining Balancehero India, he held the CFO position at Toyota Financial Services India where he managed substantial annual fundraising efforts amounting to INR 200 billion through mechanisms like non-convertible debentures, commercial papers, and offshore borrowings. His career includes significant senior roles in companies like Habitat Housing Finance and Deutsche Postbank Home Finance, where he provided advisory on private equity, M&As, and corporate finance particularly in capital markets and regulatory compliance. The CEO of Balancehero India, Charlie Lee, expressed confidence that Vasdani’s expertise in financial strategy will enhance the company's ongoing efforts to expand operations, substantiated by the company's 40% revenue growth to Rs. 901 crore in FY25. The firm is focusing on serving underserved communities, with its Assets Under Management increasing by 38% year-on-year to Rs. 1,391 crore.