Gurugram, India – April 30, 2025 – Balancehero India, the driving force behind one of India’s leading digital lending and payment apps, True Balance, recently appointed Anupam Vasdani as its new Chief Financial Officer (CFO). Anupam brings over 20 years of rich experience across finance domains including fund raising, investor relations, regulatory compliance, and strategic business planning, most recently serving as CFO at Toyota Financial Services India.
He has extensive experience in treasury, finance, accounts, and IT functions, having successfully managed annual fund raising of INR 200 billion at Toyota Financial Services India through instruments like NCDs, commercial papers, and offshore borrowings. Known for his expertise in ALM risk management, cost optimization, and stakeholder relations with domestic and international banks and investors, he also led digital transformation initiatives and contributed to key committees such as ALCO, Risk Management, and IT Strategy.
Prior to this, Anupam held senior roles at Habitat Housing Finance, Deutsche Postbank Home Finance, and Finoble Advisors, advising on private equity, M&A, and corporate finance strategies, with a focus on capital markets, regulatory reporting, and RBI compliance.
Charlie Lee, CEO of Balancehero India, stated, “Anupam brings deep expertise in financial strategy and fundraising, making him a strong addition to our leadership team. His insights will be key as we scale operations and advance our vision of ‘Finance for All’ across India.”
Anupam Vasdani, Chief Financial Officer, commented, “At Balancehero India, I look forward to contributing to its growth journey in a dynamic fintech landscape. My focus will be on driving sound financial strategies that strengthen the company and support its mission of financial inclusion
Balancehero India, a wholly-owned subsidiary of Balancehero Pvt. Ltd. Korea, has witnessed an exceptional trajectory of success in recent years. In the fiscal year 2024–25, the company achieved a remarkable surge in net earnings, driven by strong operational performance. Its revenue from operations grew by 40%, rising from Rs. 645 crore in FY24 to Rs. 901 crore in FY25. The company also reported a 38% year-on-year increase in its overall Gross AUM, from Rs. 1,009 crore in March 2024 to Rs. 1,391 crore in March 2025. This robust financial performance has firmly established Balancehero as a leading player in the digital lending landscape across India, dedicated to serving the credit needs of underserved and unserved segments.