With this announcement, the company will strengthen its team to help realize its vision of democratizing access to convenient, hassle-free embedded credit products for 600+ million Internet users in India.
At Nero, Venkatasubramaniam and Komalapathi will be the leaders in product and technology efforts, respectively. The duo previously founded FanDuniya – an AI-powered fantasy research platform, which was later acquired by Fancode, a subsidiary of Dream Sports (Dream11’s parent company).
“We are thrilled to welcome Ramkumar and Vishwanath to the Nero team. With their experience of operating at scale as well as witnessing multiple product and technology journeys from zero to one, they will supercharge product innovation and technology efforts, providing us with competitive and frictionless credit through any smartphone application in the country. will inspire you on our journey to Aditya Kumar, founder of Nero said.
Venkatasubramaniam said, “With a strong user and product mindset, I look forward to offering compelling, competitive and frictionless products through our platform partners.”
“The vision and opportunity to transform embedded credit delivery in India caught my attention right from the start. I am excited to be joining this journey with Aditya and Sankalp and a technology-driven approach to solve some interesting problems in this area- Looking forward to bring the first approach,” Komalpati said.
Co-founded by Aditya Kumar and Sankalp Mathur, Nero aims to empower consumer-internet platforms to provide their consumers with accessible and hassle-free credit to enhance engagement, create value and in turn generate significant revenue. Recently, the startup raised $3.5 million in a seed funding round by Elever Equity and other notable angel investors including Kunal Shah, Nitin Gupta, Bala Parthasarathy, Patni Family Office, R Ramraj and Asim Dhruv.