Rethinking Gold Loans with Rajesh Shet of SahiBandhu

Season 6, Episode 145,   Dec 27, 2023, 03:00 AM

We spoke with Rajesh Shet, Co-Founder & CEO of SahiBandhu, a trailblazing gold loan aggregation platform leveraging existing infrastructure, reach, and cost competitiveness of scheduled commercial banks to disrupt the traditionally NBFC-led gold loan sector.

SahiBandhu aims to offer very convenient assisted customer journeys giving borrowers multiple gold loan products from best-in-class banks in line with their precise requirements and with a focus on underpenetrated semi urban and rural areas. 

SahiBandhu has rapidly expanded its presence across Tier-3 cities (600+ locations), taking advantage of low competition outside major metropolitan areas. With offerings such as gold-backed credit cards and gold-backed investments, the company aims to now expand into Tier-1 and Tier-2 markets.

Founded in 2019 and backed by The Manipal Group, SahiBandhu was established by industry experts including Mr. Rajesh Shet, Mr. Anuj Arora, Mr. Vijay Malhotra, and Mr. Virendra Yaduvanshi. 

Hope you enjoy this TRANSFIN Podcast with Nikhil Arora and Sharath Toopran, where we converse with entrepreneurs and business operators running successful startups, profitable SMEs and family promoted firms on one end, and top investment professionals representing VC/PE/credit funds on the other.
 
The objective is to bring out an "actionable" perspective converging the world of business and investing.
 
If you're a founder and if you'd like us to drill down your model, feel free to drop us a line at edit@transfin.in