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Sumit Singla named CEO of rupyy, the fintech arm of CarDekho Group
Former IndusInd Bank and Bharti Enterprises executive to lead next growth phase at CarDekho’s fintech arm
MUMBAI: rupyy, the fintech arm of CarDekho Group, has appointed Sumit Singla as chief executive officer as the company looks to strengthen its position in India’s fast-growing digital lending and financial services market.
Singla brings more than 15 years of experience across banking, fintech, consulting and strategy, with a track record in building new businesses, managing profit and loss operations and leading growth transformation initiatives.
Before joining rupyy, Singla served as chief operating officer at Innovatiview, where he led operations and expansion initiatives for the company’s tech-enabled examination and security services business.
Prior to that, he was executive vice president and business head for millennial banking at IndusInd Bank, where he led the launch and scale-up of INDIE by IndusInd Bank, the lender’s digital banking platform. His role involved overseeing the full-stack digital banking business across lending, deposits, payments, wealth and loyalty products.
He has also held leadership roles at Bharti Enterprises, where he worked on strategy and growth for the group’s financial services businesses, including insurance operations. Earlier in his career, he spent several years with Mastercard’s consulting division, advising banks and financial institutions across the Asia-Pacific region on payments and growth strategy.
Singla additionally worked with SpiceJet in a strategic leadership role reporting directly to the airline’s chairman and chief executive officer.
An alumnus of Indian Institute of Management Calcutta and Indian Institute of Technology Delhi, Singla’s appointment comes as fintech firms intensify efforts to expand digital credit access, embedded finance and technology-led lending ecosystems in India.
For rupyy, which operates in the vehicle financing and automotive fintech space, the leadership change signals a sharper focus on scaling operations and building deeper consumer finance capabilities in an increasingly competitive market.
