BharatPe's Trillionloans appoints Sandeep Singh as CEO amid leadership changes
The appointment follows Sabyasachi Senapati, previously Executive Director at Trillionloans, transitioning to a leadership role at BharatPe Group, a majority stakeholder in TFPL.
Trillionloans Fintech Private Limited (TFPL), a digital-first non-banking financial company (NBFC) regulated by the Reserve Bank of India, has named Sandeep Singh as its new Chief Executive Officer, effective immediately.
The appointment follows Sabyasachi Senapati, previously Executive Director at Trillionloans, transitioning to a leadership role at BharatPe Group, a majority stakeholder in TFPL.
Senapati will spearhead growth initiatives and central platform operations at BharatPe while remaining a Whole-time Director on Trillionloans’ board to ensure a smooth transition.
Singh, with over 16 years of cross-industry experience in digital lending, insurance, and enterprise software, joins as Trillionloans seeks to expand its portfolio of merchant loans, MSME financing, and consumer credit products.
Last week, BharatPe Group company Resilient Payments announced receiving a similar license. The RBI approval positions BharatPe as the only fintech firm in India to hold an NBFC licence via Trillion Loans, a stake in Unity Small Finance Bank, and a payment aggregator licence, BharatPe said in a statement.
The company plans to launch an online payment aggregator platform under the brand 'BharatPe X', targeting deeper penetration in smaller cities and high-growth sectors.
“We are pleased to welcome Sandeep Singh as CEO of Trillionloans. With his strong execution track record and deep expertise in lending, he is well-equipped to lead the company into its next phase of growth,” said Nalin Negi, CEO of BharatPe. He added that Trillionloans remains a “key pillar” of BharatPe’s credit strategy.
Singh, who has led digital lending operations and strategic alliances in prior roles, emphasized tech-driven solutions. “My focus will be on building scalable, tech-led lending products that meet the evolving needs of our customers, while ensuring we grow sustainably and responsibly,” he said.
Edited by Affirunisa Kankudti