Gurugram, May 12 : Rupyy, India’s leading fintech platform, today announced the appointment of Sumit Singla as Chief Executive Officer. In his new role, Sumit will lead company’s strategic growth, expansion, and overall operations, as the brand continues to maintain its pole position across new and used vehicle financing and further expand into adjacent lending categories, and promote deeper financial inclusion for Viksit Bharat.
An alumnus of IIM Calcutta and IIT Delhi, Sumit brings over 15 years of experience, with deep expertise in financial services and a proven track record of leading P&Ls, launching new businesses, and driving Strategy, M&A, and Operations. Over the course of his career, he has held leadership roles at IndusInd Bank, Bharti Group, Mastercard, and Bain & Company.
Talking about his appointment, Sumit Singla, Chief Executive Officer, rupyy said,
“I am excited to take on this role at rupyy, which over the past decade has become one of India’s most trusted lending platforms, transforming how customers access vehicle and personal finance through speed, transparency and convenience. As I step into this role, my focus will be on building on this strong momentum, accelerating innovation, and creating embedded finance solutions that deliver seamless experiences for millions of customers. Backed by CarDekho Group’s strong ecosystem, rupyy is uniquely positioned to shape the next phase of digital lending, auto finance, and inclusive growth in India.”
Amit Jain, co-founder and CEO, CarDekho Group said,
“We are delighted to welcome Sumit to the CarDekho family to lead rupyy. Over the years, rupyy has built a strong reputation for transforming lending through technology, speed and accessibility across digital financing. As we enter our next phase of growth, Sumit’s deep expertise across fintech, banking and operations will be instrumental in scaling our lending ecosystem, strengthening partnerships, and expanding access to credit for customers across Bharat. We are confident that under his leadership, rupyy will continue to drive innovation in digital lending and unlock new growth opportunities.”
The appointment comes on the back of strong momentum for rupyy. In FY26, rupyy facilitated annualized loan disbursements of approximately ₹25,000 crore across segments. The platform now services over 95% of India’s pin codes, cementing its position as one of the country’s most expansive auto-financing networks.