Apr 18, 2018

Karan Bhatia, Global Head of Lending joins LALA

By LALA World • Issue #87 • View online

Dear LALA Family,

We extend a very warm welcome to Karan who has joined LALA as the Global Head of Lending. Located in Singapore, he has already Embedded his mark in establishing the global lending arm of LALA World - LALA Lends.

Karan has over 15 years of experience in financial sector, the majority of it in the asset management and credit industry. He was the founder of a large credit business in India (NBFC), managed portfolio of credit investments in Asia and Americas. Further, he has an incredible experience of being part of two successful credit funds - Mason Capital and Puma, in New York, with a focus on high yield and special situations credit investments.

Most recently, he was the MD and CEO of X10 Finance, an NBFC (money lending business) focused on supply chain finance solutions for SMEs in India. With X10, he successfully built and managed USD 80 million of lending with no NPAs, within 24 months and had a very successful exit.

Prior to X10, Karan worked at Deutsche Bank, part of the Strategic Investment Group, focusing on investments across Asia. He was a key member of the team which held a large credit focussed portfolio across SE Asia with a strong focus on India.

Karan brings an extensive credit and investment experience across global markets, an excellent ability to interpret market trends and has a detailed understanding of financial products for banks and lenders. He has a unique combination of experience as an investment professional, an entrepreneur with a deep understanding of credit and lending space along with the true insights about the operational issues and challenges, which will be a great advantage in growing a loan book, building partnerships and mitigating risk.

Mr. Bhatia is a Chartered Financial Analyst (CFA), has an MBA from New York University, Stern School of Business and an MS in Computer Science from the University of Southern California.

He lives in Singapore with his wife and two lovely kids. He is an avid reader, a technology enthusiast, and a keen (but struggling) golfer ;p

We believe that we are on track, as each day at LALA we make new strides in our vision and come closer to becoming a global phenomenon.

Thank you all for your continued support!