Rajnish Kumar, CFA

Co-founder and CEO

Rajnish has extensive experience in Transaction Banking, Liabilities, Consumer Finance, Wealth Management and Risk/Governance within financial services. He has managed complex businesses in financial services and was a key founder member of a large financial services start-up.

He has worked in senior roles with leading global financial institutions like HSBC, Standard Chartered Bank and Fullerton Financial Holdings (FFH), the bank holding arm of Temasek Holdings, Singapore.

Rajnish is an MBA in Finance & Marketing from Indian Institute of Management, Lucknow (India) and is also a CFA Charter holder. He is an engineering graduate from National Institute of Technology, Jamshedpur, India.

Anand Varrdhan

Co-founder and Chief Business Officer

Anand is a career Investment Banker and has worked with Credit Suisse First Boston, Peregrine, Ojas Energy and boutique investment advisory firm Tao Capital, heading Asset Development and M&A practices in various industry verticals in South East Asia and Africa.

He is also a Director of Karthavya Technologies, Bangalore, India which has developed mission critical software applications for the Financial Securities industry, end to end software suite for Broadcasting industry and automation & ERP for plantations. Backed by a dedicated Research & Development team with over 200 years of domain experience, these advanced technology solutions have been used by clients in Asia Pacific and Americas. He was responsible for development of mobile based financial terminal with technical indicators much before the advent of the present mobile app boom in 2009.

Anand is a commerce graduate with specialization in securitization and asset backed securities.

Killi Anandraj Somasundram


Anand Soma has been the Chief Executive Officer for Premier Nalfin Berhad (formerly Premium Nutrients Bhd) since July 2011. He is also a Director at Capital Hive Limited, (Licensed Fund Manager in Labuan).

Anand has more than 21 years of experience in Banking, Hire Purchase & Leasing, Manufacturing, Transportation, Food & Beverage Industry and Edible Oil Industry.

He is a prominent Malaysian Indian entrepreneur and was a Council member of Selangor Indian Chamber of Commerce and Industry.

He is a Graduate of Science in Business Administration from Arkansas State University, USA and has attended Harvard Business School Senior Management Program.

Ananda Kumar

Compliance Officer

Ananda Kumar is a senior Compliance professional and has joined Instapay as Compliance Officer to head the compliance function of the company. He has more than 32 years of experience with CIMB Bank where he was in his last role working as Head of Compliance for the Consumer Bank. He has a wealth of recent experience of working with e-wallet companies in Compliance domain and has an excellent overall understanding of the regulatory framework and how its evolving.

Balachander Gettala

Chief Technology Officer

Bala is a senior technology professional with over 25 years of experience in the Telecom and Cloud domains. He held multiple positions in Telecom Industry and worked across the globe heading large multi-cultural teams. He is a Graduate in Electronics Engineering from Anna University, Chennai and has expertise in Telecom Software Development, Project Management, Product Requirement Definition and Management and End to End Delivery Management.

He has extensive experience of working on mobile App based platforms and has deep understanding of underlying technology and telecom infrastructure.