Perfios appoints ex-SBI exec as MD & group CEO
19 Mar 2026, 12:35 PMIt added that the core Perfios business will continue to be led by Sabyasachi Goswami.
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Enterprise fintech firm Perfios has appointed Nitin Chugh as its managing director and group CEO.
In his new role, Chugh, who was formerly Deputy Managing Director and Head of Digital Banking and Transformation at State Bank of India, will lead the Perfios Group, comprising Perfios, Clari5, CreditNirvana, and IHX, a statement said.
It added that the core Perfios business will continue to be led by Sabyasachi Goswami.
Chugh has nearly three decades of experience across India’s financial services sector. Previously, he served as Managing Director and CEO of Ujjivan Small Finance Bank and as Group Head, Digital Banking at HDFC Bank.
"Perfios has built a strong foundation as an Operating System for BFSI, powering critical decisioning for institutions that shape economies," said Chugh in the statement.
"What excites me is the momentum we are building around AI, with rapidly evolving capabilities across credit decisioning, fraud prevention, risk management, healthcare claims automation, collections, and debt resolution, opening up new possibilities for intelligence and efficiency at scale," added Chugh.
Perfios, which was founded in 2008, had last raised $80 million from Teachers’ Venture Growth (TVG) in March 2024. That funding round had catapulted it the unicorn club of startups.
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