Yubi Group has announced the appointment of Vipul Mahajan as its Chief Business Officer. In this role, Mahajan will spearhead efforts to expand Yubi’s lender relationships across private sector institutions, public sector units (PSUs), and international markets. He will also play a key role in strengthening Yubi’s partnerships with stakeholders in the financial services sector, including NBFCs, banks, and regulatory bodies.
Mahajan brings close to 20 years of experience in business development, partnerships, go-to-market (GTM) strategies, and analytics. Previously, he served as Head of Commercial, Fintech, and Direct-to-Consumer business at TransUnion CIBIL, where he led significant growth initiatives and developed key products such as the CIBIL MSME Rank and FIT Rank. His tenure saw impactful collaborations with major ecosystem players like SIDBI and ONDC, further strengthening TransUnion’s influence in the fintech landscape.
Before TransUnion, Mahajan held senior positions at Yes Bank, Barclays, and HDFC Bank, where he successfully implemented innovative product solutions and drove growth through data-driven strategies. Additionally, as a member of the RBI’s Standing Committee on Strengthening Analytical Framework, Mahajan contributed to advancements in analytical practices at the Reserve Bank of India.
Founded in 2020 by CEO Gaurav Kumar, Yubi Group is a technology company that supports the entire debt lifecycle, facilitating over Rs 140,000 crore in debt volumes and serving more than 17,000 enterprises and 6,200 investors and lenders. Backed by prominent investors such as Peak XV, Lightspeed, Lightrock, TVS Capital, B Capital Group, Dragoneer Investment Group, and Insight Partners, Yubi Group has established itself as a major player in the financial technology space, achieving a 57% reduction in collections costs.
