Moneyboxx Finance, a BSE-listed Non-Banking Financial Company (NBFC) dedicated to improving credit access for micro and small enterprises in underserved parts of India, has announced the appointment of Sandipan Thakur as Head of Collections.
In his new role, Thakur will be tasked with developing and executing comprehensive collection strategies for Moneyboxx’s rapidly growing customer base, particularly across rural and semi-urban areas.
Thakur brings with him over 23 years of experience in Debt & Receivable Management, Legal & Litigation, and Process & Operational Risk Management. He has previously held leadership roles at renowned institutions such as Hiranandani Financial Services Pvt. Ltd., RBL Finserve Ltd., SMFG India (erstwhile Fullerton India Credit Co. Ltd.), and Citi Financial.
Welcoming him to the company, Mr. Deepak Aggarwal, Co-founder, Moneyboxx Finance, said, "We are pleased to welcome Sandipan Thakur to our leadership team. His deep domain expertise in collections strategy, litigation, and operational risk will be invaluable as we continue to strengthen our portfolio and scale sustainably. As we expand our footprint across underserved regions, his leadership will play a pivotal role in enhancing our credit quality and supporting our broader vision of empowering grassroots entrepreneurs through responsible lending."
Commenting on his new role, Mr. Sandipan Thakur, stated, "I am thrilled to join Moneyboxx Finance in their commitment to making meaningful strides in enabling financial inclusion and rural entrepreneurship. The strong mission-driven culture and the team’s focus on building impactful lending solutions is truly inspiring. I look forward to contributing to this journey by designing and implementing robust, phygital collection frameworks that not only drive efficiency but also ensure a seamless and supportive experience for our customers."
This strategic leadership move comes at a time when Moneyboxx is experiencing robust growth, with a 56% year-on-year increase in Assets Under Management (AUM) in Q3 FY25. The company now operates over 160 branches across 12 states, underlining its mission to empower rural and semi-urban entrepreneurs through inclusive and responsible financial solutions.
