Nitya Sharma, CEO, and Co-Founder of Simpl. Simpl is a technology company that offers Pay-later solutions in India. Simpl has revolutionized online checkout in India by creating a market-leading Pay-Later platform, empowering e-commerce merchants to offer their consumers 1-click checkout, a line of credit at POS, and full buyer protection.
Before starting Simpl, Nitya worked on Wall Street for more than 10 years, where he structured, traded, and risk-managed structured credit portfolios at Bear Stearns and Goldman Sachs. Before that, he was a co-founding portfolio manager at JNF Financial, a distressed credit hedge fund from 2010–2014. Nitya initially moved back to India with the objective of starting an emerging-markets focused hedge-fund. However, he experienced the shortcomings of the Indian payments and credit stack first-hand when his credit card application was declined. This experience prompted him to dig deeper into the Indian payments landscape and subsequently led to the founding of Simpl.
In this episode, Nitya shares:
His educational background and journey as an entrepreneur
Views on the fintech landscape in India and his thesis behind Simple’s
Differences between banking infrastructure in India and theUS
The impact of the COVID-19 crisis on Simpl
The importance of building the right team
Leaning from the mistakes and what he wished he did differentlyReach out to our guest, Nitya on LinkedIn, or email him directly at [email protected]
You can follow or reach out to me, your host Rohan Handa on Linkedin, or email me at [email protected].