CarDekho’s Fintech Arm Rupyy Names Sumit Singla as CEO

Rupyy, the fintech powerhouse under the CarDekho Group umbrella, has officially announced the appointment of Sumit Singla as its new Chief Executive Officer.

This leadership transition comes at a pivotal moment for the company.

It is solidifying its dominance in the Indian vehicle financing market while eyeing aggressive expansion into broader lending categories.

A Seasoned Leader for Scaling Operations at Rupyy

Sumit Singla is an esteemed alumnus of IIT Delhi and IIM Calcutta. He brings over 15 years of high-level experience to the financial services sector.

His career is marked by strategic roles at global institutions and domestic giants, including IndusInd Bank, Mastercard, Bain & Company, and the Bharti Group.

In his new capacity, Sumit is tasked with steering Rupyy’s strategic growth, overseeing global operations, and spearheading the brand’s entry into adjacent lending sectors.

Rupyy expects his expertise in Profit & Loss (P&L) management and Mergers & Acquisitions (M&A) to be instrumental as the company seeks to deepen financial inclusion across India and support the national vision of a “Viksit Bharat.”

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Driving Innovation in Digital Lending

Reflecting on his new role, Sumit emphasized a commitment to embedded finance solutions and digital innovation.

“Rupyy has become one of India’s most trusted platforms by transforming how customers access finance through speed and transparency,” Sumit stated.

He plans to leverage the vast CarDekho Group ecosystem to create seamless, tech-driven experiences for millions of borrowers.

Amit Jain, Co-founder and CEO of CarDekho Group, expressed high confidence in the appointment.

He noted that Sumit’s background in fintech and banking will be vital for scaling the lending ecosystem and strengthening strategic partnerships.

Record-Breaking Momentum in FY26

The leadership change follows a year of explosive performance for the platform.

In FY26, Rupyy facilitated annualized loan disbursements of approximately ₹25,000 crore.

Rupyy’s network now services over 95% of India’s pin codes. This reach has cemented its status as the most expansive auto-financing network in the country.

Under Sumit’s leadership, the company aims to move beyond wheels, unlocking new opportunities in personal and specialized credit markets.

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