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Namit Jain
Co-Founder & CEO at rupyy | Fortune India 40U40
Namit Jain is the Co-Founder and CEO of Rupyy, a loan discovery platform for used vehicles.1 Here are some key details about him:
Professional Background
Namit Jain, 38 years old, founded Rupyy in 2015 after identifying an opportunity in the used car loan market.1 Prior to Rupyy, he held several positions:
- Co-Founder & CEO of MentMo, a social marketplace for mentoring services, from November 2013 to January 20152
- Worked in the Founder CEO's office at Fino Payments Bank Ltd from June 2013 to December 20132
Education
Namit Jain has a strong educational background:
- MBA in strategy and leadership from the Indian School of Business
- Chartered Financial Analyst (CFA) from the CFA Institute in Charlottesville, Virginia, USA
- Bachelor's degree in business studies from the College of Business Studies, University of Delhi2
Achievements with Rupyy
Under Namit Jain's leadership, Rupyy has achieved significant success:
- Facilitated over $1.6 billion in annualized loan disbursals
- Collaborated with 35+ financial institutions
- Served around 250,000 customers in FY24
- Achieved profitability for the past two fiscal years
- Registered 63% year-on-year growth in 2023
- Reached an annualized revenue run rate of $66 million in December 2023
- Expanded into new car financing, reaching $500 million in annualized disbursals1
Namit Jain aims to double annual loans by FY25, demonstrating his ambitious vision for the company's growth.3