Pune: In a strategic move to bolster its leadership capabilities and strengthen operational efficiency, Moneyboxx Finance Limited, a BSE-listed Non-Banking Financial Company (NBFC), has appointed Sandipan Thakur as its new Head – Collections.
This appointment marks a crucial step in supporting the company’s expanding presence across India’s rural and semi-urban credit landscape.
Sandipan Thakur joins Moneyboxx Finance with over 23 years of expertise in Debt and Receivable Management, Legal and Litigation, and Operational Risk Management.
He has previously served in leadership positions at reputed financial institutions such as Hiranandani Financial Services, RBL Finserve, SMFG India (formerly Fullerton India), and Citi Financial.
In his new role, Thakur will lead the development and execution of robust collection strategies to ensure sustainable portfolio growth and improved asset quality.
His appointment aligns with Moneyboxx Finance’s broader mission to provide responsible and inclusive lending to underserved micro and small enterprises in India.
Welcoming him to the team, Deepak Aggarwal, Co-founder of Moneyboxx Finance, said: “We are delighted to have Sandipan Thakur join our leadership team at a time of rapid growth and scale. His expertise in collections and legal strategy will play a key role in optimizing our credit operations as we expand across India’s underserved markets.”
Expressing enthusiasm for his new role, Sandipan Thakur shared: “I am excited to be part of Moneyboxx Finance’s journey in enabling rural entrepreneurship and inclusive growth. The company’s mission-driven approach and innovative phygital model present an inspiring opportunity. I look forward to contributing to scalable, efficient, and customer-centric collection systems.”
The leadership addition comes at a time when Moneyboxx Finance is witnessing significant momentum, having posted a 56% YoY growth in Assets Under Management (AUM) in Q3 FY25.
Moneyboxx Finance Serving Micro-Enterprises
The company now operates over 160 branches across 12 states, serving micro-enterprises in sectors such as livestock, retail, and services.
With a strong focus on financial inclusion, technology-driven processes, and localized execution, Moneyboxx Finance continues to reshape how grassroots entrepreneurs access credit in India.
