Finarkein Appoints Former CIBIL Business Head Subbu Sundaresh Vennelakanti as Director – Growth

Finarkein Appoints Former CIBIL Business Head Subbu Sundaresh Vennelakanti as Director – Growth

Pune: Finarkein, a leading financial technology company, today announced the appointment of Subbu Sundaresh Vennelakanti, former Business Head at CIBIL, as Director – Growth at Finarkein. This strategic hire reinforces the company’s commitment to building India’s fintech infrastructure layer and accelerating innovation in the financial technology sector.

Subbu brings 25 years of experience in the insurance and wealth industry, having led the insurance vertical at TU CIBIL & CRIF Highmark, where he drove advanced risk scorecards, predictive analytics, and customer acquisition solutions for insurers and wealth institutions. At Finarkein, he will be responsible for leading the development of solutions for the Wealth, and Insurance sectors – starting with decisioning models built on data pipes fully compliant with DPDP guidelines, driving the company’s mission to strengthen India’s fintech ecosystem.

Nikhil Kurhe, Co-founder & CEO, Finarkein, said, “As insurers and wealth platforms rethink growth and distribution in a post-DPDP environment, the need for intelligent, compliant customer acquisition and decisioning solutions has become clear. Subbu brings deep domain expertise and a strong execution mindset, and we’re excited to have him lead our efforts in building products that deliver tangible business outcomes for financial institutions.”

Subbu Sundaresh Vennelakanti, Director – Growth at Finarkein added, “India’s Fintech, Wealth and Insurance sectors are entering a pivotal phase of digital transformation, especially as customer acquisition models evolve in a post-DPDP world. Finarkein is uniquely positioned to support the industry with compliant, future-ready solutions that drive sharper customer segmentation and profitable decision-making. I’m truly excited to join Finarkein at such a defining moment and look forward to building cutting-edge, high-impact products for the ecosystem.”

Commenting on the appointment, Anand Datta, Partner, Nexus Venture Partners, said, “India’s fintech ecosystem is at an inflection point, particularly across wealth and insurance, where sophisticated decisioning must coexist with evolving data privacy regulations. Subbu brings rare, hands-on experience operating at this intersection. We believe his leadership will accelerate Finarkein’s mission to become a foundational layer for financial services innovation in India.”

This leadership addition marks a significant milestone for Finarkein as it continues to scale operations, innovate solutions, and expand its influence across India’s fintech ecosystem.

About Finarkein
Finarkein is a leading financial technology company specializing in Open Finance, Data Intelligence, and AI infrastructure, empowering over 100 BFSI companies to leverage the Account Aggregator framework, OCEN, and ONDC-FS. The company is dedicated to providing robust and scalable solutions that address the evolving needs of the financial industry using state-of-the-art data orchestration and intelligence technologies.

For more information, please visit: https://finarkein.com/

 

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