Poonawalla Fincorp
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About Poonawalla Fincorp
Poonawalla Fincorp Limited brings a customized suite of transparent, quick, and hassle-free Loan offerings and Insurance, to empower our customers fulfil their aspirations with ease. Every big or small dream, aspiration and goal is just a step away with Poonawalla Fincorp! Leading with the brand legacy of trust, integrity, transparency, and excellence, we are proud to have inspired over millions of customers. Understanding our customer’s diverse needs, our financial solutions are designed to offer quick, hassle-free, and transparent loan offerings and services. Our combined digital capabilities and wide suite of offerings with Competitive Interest Rate, No Hidden Charges, Flexible Tenure and Zero Foreclosure charges, we are ready to serve you through an extended network of branches across India.
Poonawalla Fincorp Subsidiaries
Magma HDI General Insurance
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Compare Poonawalla Fincorp with Similar Companies
Change Company | Change Company | Change Company | ||
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Overall Rating | 3.8/5 based on 1.6k reviews | 4.0/5 based on 36.6k reviews | 3.9/5 based on 37.5k reviews | 4.0/5 based on 8.6k reviews |
Highly Rated for | No highly rated category | Job Security Skill development Company culture | Job Security Skill development | Salary & Benefits Skill development Job Security |
Critically Rated for | Promotion/Appraisals | No critically rated category | Promotion/Appraisals | No critically rated category |
Primary Work Policy | Work from office 82% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 80% employees reported |
Rating by Women Employees | 3.4 Average rated by 185 women | 3.9 Good rated by 9.6k women | 3.7 Good rated by 7.7k women | 3.8 Good rated by 734 women |
Rating by Men Employees | 3.9 Good rated by 1.3k men | 4.0 Good rated by 25.2k men | 3.9 Good rated by 27.8k men | 4.0 Good rated by 7.4k men |
Job Security | 3.4 Average | 4.1 Good | 4.0 Good | 3.8 Good |
Poonawalla Fincorp Salaries
Area Credit Manager
Senior Field Officer
Credit Manager
Deputy Manager
Area Sales Manager
Relationship Manager
Branch Manager
Branch Sales Manager
Operations Executive
General Manager
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Poonawalla Fincorp News
Poonawalla Fincorp appoints Salil Hajarnis as Chief Technology Officer
- Poonawalla Fincorp has appointed Salil Hajarnis as Chief Technology Officer.
- Salil will lead the company’s technology strategy, focusing on digital transformation and AI-driven customer solutions.
- With over two decades of experience, Salil has delivered impactful results in technology leadership roles.
- His expertise includes AI, enterprise architecture, digital innovation, and executing large-scale technology transformations.
Poonawalla Fincorp’s CTO Dhiraj Saxena Resigns Alleging Workplace Harassment
- Dhiraj Saxena, CTO of Poonawalla Fincorp, resigns citing workplace harassment.
- Saxena's resignation letter alleges harassment and unnecessary interventions by the company's CHRO.
- The allegations draw attention to the CHRO, Harsh Kumar, who joined Poonawalla Fincorp recently.
- Concerns about workplace dynamics at Poonawalla Fincorp and its impact on team morale arise.
Salil Hajarnis Joins Poonawalla Fincorp As CTO
- Salil Hajarnis has been appointed as the Chief Technology Officer (CTO) of Poonawalla Fincorp.
- This follows the resignation of Dhiraj Saxena, the ex-CTO, due to alleged harassment by the company's Chief Human Resources Officer.
- Saxena's resignation was effective from December 3rd.
- Hajarnis brings over 20 years of experience in technology leadership and has previously worked with Fiserv India and Capgemini.
Dhiraj Saxena Resigns as CTO of Poonawalla Fincorp, Alleging Harassment from CHRO
- Dhiraj Saxena, CTO of Poonawalla Fincorp, resigns citing harassment from CHRO.
- Saxena submitted his resignation on September 6, and it became effective on December 3.
- He alleged that harassment and interventions by the CHRO affected his ability to manage IT operations.
- Poonawalla Fincorp is yet to release an official statement addressing Saxena's allegations.
Poonawalla Fincorp's CTO Dhiraj Saxena resigns amid allegations of harassment
- Dhiraj Saxena, the Chief Technology Officer (CTO) of Poonawalla Fincorp Limited, has resigned citing alleged harassment by the company's Chief Human Resources Officer (CHRO).
- Saxena's resignation, submitted in September, became public through a regulatory filing on December 6.
- In his resignation letter, Saxena mentioned the 'harassment and unnecessary interventions' by CHRO Harsh Kumar as the reason for his departure.
- Poonawalla Fincorp has not yet issued an official statement addressing these claims.
Poonawalla Fincorp CTO Resigns Citing Harassment by Company's Chief HR
- Poonawalla Fincorp's CTO, Dhiraj Saxena, has resigned, citing harassment by the company's CHRO.
- Saxena's resignation was officially submitted on September 6 and is effective from December 3.
- Saxena mentioned that the harassment and interventions from the CHRO negatively impacted team morale and operational efficiencies.
- Poonawalla Fincorp's stock prices fell over 3% following Saxena's resignation announcement.
Poonawalla Fincorp CTO Dhiraj Saxena Resigns Amid Harassment By HR Head
- Poonawalla Fincorp CTO Dhiraj Saxena resigned due to alleged harassment by the HR head.
- Saxena cited harassment and unnecessary interventions that affected his ability to manage the IT function effectively.
- The resignation has caused unrest in the team and impacted IT delivery.
- Saxena mentioned that he tried to collaborate but it didn't align with the HR policy.
Poonawalla Fincorp plans to double workforce amid major expansion
- Poonawalla Fincorp plans to double its workforce in the coming year.
- The expansion aims to build a robust retail-focused business portfolio.
- The company plans to increase its branch network from 100 to 500 over the next few years.
- Poonawalla Fincorp aims to create a tech-savvy and customer-centric workforce.
Gitesh Karnik roped in for CHRO role at Veefin Group
- Gitesh Karnik has been appointed as the chief human resources officer (CHRO) at Veefin Group.
- Karnik brings over two decades of experience in HR, having worked with various organizations including Cyquator Technologies, Integreon, GE Money, Deutsche Bank, Tata Capital, e-Nxt Financials, Hicare Services, Nearby Technologies, and Magma Fincorp.
- Veefin Group is a global supply chain finance company and digital lending platform.
- Karnik's appointment is expected to contribute to the HR function at Veefin Group and support its growth in the industry.
Former Roblox and Miro Executives Join Magma to Accelerate Growth as the Leading Collaborative Art Platform
- Experienced leaders from Roblox and Miro have joined Magma, an interactive online canvas platform.
- Daniel Sturman, former CTO of Roblox, brings his engineering expertise to help broaden Magma's reach.
- Andrew Reese, former GTM strategist for Miro, joins Magma to aid in its growth plans.
- Magma is a collaborative art platform that has already surpassed 3 million users since its launch in 2020.
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