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SIDBI, MonetaGo team up to secure MSME lending
MUMBAI: When it comes to lending, trust is the best collateral. In a major move to fortify India’s MSME financing ecosystem, SIDBI (Small Industries Development Bank of India) has teamed up with MonetaGo to roll out a cutting-edge fraud prevention and digital infrastructure solution.
The partnership aims to make credit safer and smarter for India’s small businesses, ensuring they get the funds they deserve without the risk of duplicate or fraudulent financing. This marks the first time a development financial institution has adopted MonetaGo’s technology, setting a new benchmark for secure and transparent MSME lending.
SIDBI chief general manager Y. M. Kumari said the collaboration would strengthen trust in MSME credit systems, especially in initiatives like GST-Sahay invoice-based financing. “By adding transparency and resilience, we aim to boost confidence in the lending ecosystem and help unlock the sector’s full potential,” she noted.
SIDBI deputy managing director Sudatta Mandal highlighted that de-risking credit flows is key to expanding MSME access and competitiveness.
For MonetaGo, the partnership is another milestone in its mission to secure digital finance. “SIDBI’s adoption of our Secure Financing system is a turning point for fraud prevention in MSME lending,” said MonetaGo India managing director Kalyan Basu.
Since 2018, MonetaGo’s technology has underpinned India’s digital trade finance framework. Backed by the Reserve Bank of India, it has already helped MSME financing grow by over 216 per cent since 2023, proving that when finance gets smarter, small businesses grow stronger.
MAM
WPP appoints Estée Lauder’s Anne-Isabelle Choueiri as chief transformation officer
Former Estée Lauder executive to lead operations, technology and culture overhaul under WPP’s three-year growth plan
LONDON: WPP has appointed Anne-Isabelle Choueiri as chief transformation officer in a newly created role tasked with delivering the group’s Elevate28 strategy.
Choueiri joins from The Estée Lauder Companies, where she led enterprise-wide strategic initiatives, including the “One ELC” operating model and major upgrades to enterprise marketing, data and analytics capabilities. She also led the redesign of enterprise technology teams and served on the company’s AI taskforce, driving AI strategy, adoption and value realisation across the business.
At WPP, she will be responsible for designing, implementing and embedding the operating model behind Elevate28, the company’s three-year growth plan unveiled in February 2026. She will lead efforts to improve innovation, efficiency and integration across WPP’s client offerings, with a focus on delivering agile, outcome-driven solutions and measurable growth.
Choueiri will oversee organisational transformation across the group, working closely with product and enterprise technology teams to deploy AI, data and technology to build new capabilities and improve operational performance. She will also work with the people function to embed cultural change, strengthen an agile performance mindset and support talent development across the organisation.
Before joining Estée Lauder, she held senior roles across consulting and digital agencies, including at Accenture, Masaï (a Bain & Company spin-off), and Kearney, with experience spanning strategy, data and digital marketing transformation.
Cindy Rose, chief executive officer of WPP, said Choueiri brings a strong track record of leading large-scale transformation across operations, technology and culture, adding that her appointment will help accelerate the group’s next phase of growth under Elevate28.
Choueiri said WPP’s strategy represents an ambitious opportunity to reshape how the company operates and delivers for clients, adding that she looks forward to building integrated solutions and fostering a culture of innovation and change.
She will be based in New York and will join WPP’s executive committee.
