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SahiBandhu’s remarkable journey: Pioneering growth and digital transformation in 2023S
Mumbai: The financial services sector in India is growing at an unprecedented pace today, thanks to the increased proliferation of digital services. Amid this dynamic landscape, SahiBandhu, the largest gold loan aggregator platform, has emerged as a trailblazer, seamlessly blending the realms of physical and digital interactions.
In the transformative year of 2023, the company’s innovative phygital model not only facilitated unparalleled growth but also set new benchmarks in the gold loan industry. SahiBandhu’s strategic collaborations, market leadership achievements, and the impactful reach of its digital-first lending solutions have redefined the narrative of financial empowerment, making it a beacon of success and innovation.
A Fusion of Physical and Digital Brilliance
In the current year 2023, SahiBandhu’s groundbreaking phygital model, blending physical outreach with digital gold tech, propelled the company to exponential heights. Disbursing gold loans surpassing Rs 11,300+ Cr, the company reached 620+ districts, covered 11,000+ PIN codes, and collaborated with 9,500+ branches of leading banks.
Market Leadership Achieved: A Year of Strategic Triumphs
From aspiring to be a market leader at the beginning of the year, SahiBandhu now proudly stands as India’s largest gold loan aggregator platform. Teaming up with Karnataka Bank, the launch of KBL-Swarna Bandhu doorstep gold loan marked a significant stride.
Serving as a Corporate Business Correspondent, SahiBandhu’s digital-first lending solutions have redefined the gold loan landscape. The company provides customers with a unique product for gold loans with end-to-end digitalisation by leveraging technology and a doorstep service framework. With our collaboration with KBL, we are poised to unlock new opportunities while offering digital-first lending solutions through our gold loan aggregator platform.
Milestones Galore: Empowering Lives, One Loan at a Time
With over Rs 11,300+ Cr worth of loans disbursed, SahiBandhu left an indelible mark on the financial landscape. Having delighted more than 3,07,000 customers and spanning 9,500+ bank branches, the company has become synonymous with trust and efficiency. The journey so far has set the stage for even greater achievements, and the company strives to disburse more loans in the near future.
Shaping the Future: Unleashing Potential in 2024
The gold loan market in India is a combination of highly unorganized and organised segment i.e. Banks, NBFCs, Aggregators, etc. However, the mix is changing as there are greater prospects for organized segments to expand. SahiBandhu stands poised for further growththe company’s expansion outside metropolitan areas since its inception in 2019 has democratized access to formal institutional lending.
The unique Phygital model of SahiBandhuwith its customer-centric approach, SahiBandhu’s vision extends to tier-1, tier-2, tier-3 and beyond cities in 2024, providing gold-backed financial lending products to empower individuals on their journey to true financial freedom through financial inclusion. These untapped opportunities of the unorganised gold loan market awaitaggregators like ours that have customer interest at its forefront.SahiBandhu not only adapts to change but also pioneers innovation in the country’s financial ecosystem.
SahiBandhu’s trailblazing journey in 2023 makes it evident that the intersection of physical outreach and digital prowess can pave the way for unprecedented success. The company’s ascendancy to being India’s largest gold loan aggregator platform, with a focus on customer trust and efficiency, is a testament to its unwavering commitment to empowering lives.
The author of this article is SahiBandhu marketing head Mehak Srivastava.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
