Shubham provides home improvement and new home loans to lower income segments in urban and semi-urban India. Shubham was founded by Sanjay Chaturvedi and Ajay Oak and is operating initially out of New Delhi.

The Shubham team recognizes that with the opening up of the Indian economy, more people have shifted base to the cities and large amounts of economic activity take place in slum populations within urban India. This has led to a challenging situation in major urban centers especially in the housing segment with almost 50% of the urban population living in low quality houses. Access to credit is a key enabler towards increasing affordability. Shubham serves its target market by assessing individual cash flow profiles and borrowing capacity among lower income segments and customizing loans for housing purposes.

Shubham's vision is "To enable every earning individual in India to own a home."

Sanjay Chaturvedi

Sanjay, Co-founder and CEO of Shubham, has over 21 years of expertise in general management and backend operations including collections across large, blue chip financial services organizations. Prior to Shubham, he has successfully launched and led new business lines for the consumer business of Citibank, HSBC and GE Consumer Finance in India and First Gulf Bank (FGB) in the UAE. Sanjay has also set-up and managed the Lending and Payments division for Reliance Retail.

Ajay Oak

Ajay,Co-founder and COO of Shubham, and has over 14 years of corporate experience, with expertise in consumer lending, general management, sales and distribution, marketing, strategy and business development. Prior to Shubham, Ajay was Payments and Lending Head at Reliance Retail where he was strategy head as well as consumer lending head. Prior to this, Ajay worked for Citibank Global Consumer Group in India for 10 years.