Shiv Mahato

About Shiv Mahato

A highly motivated and friendly person with a positive attitude to work and strong…

Experience

1. Co-founder & Director

   Bazaarmoney Growth Partner

   Jun 2014 — Present · Gurugram, IN

   Why we have Co- Founded BazaarMoney? Micro, Small and Medium Enterprises (MSMEs) have been one of the strongest drivers of growth, entrepreneurship and employment in the Indian economic growth story.The sector accounts for 30% of the GDP, 48% of the total exports and 95% of the industrial units in the country. In terms of employment, it employs 40% of India’s workforce as per the latest IFC report.The credit scarcity is met by the formal lenders only 40% of the time due to the difficulty in assessing the creditworthiness of the MSMEs due to lack of credit history and preference for collaterals rather than cash flows. It is a vicious cycle as the MSMEs can’t create credit history due to lack of formal lending. The insufficient data is not only making creditworthy MSMEs left out but also making it expensive for them. With banks serving the larger corporates and microfinance catering to the bottom of the pyramid production needs, the MSMEs in the middle have largely been starved for access to robust capital sources.We have Co- Founded and floated the entities with an idea to venture to provide financial advisory,debt syndication, equity, investments, financial and Other Marketing activities to SMEs, Mid Corporate customer and select individuals.BazaarMoney is working closely with the start-ups and MSMEs to bridge the gap to fulfil the financial needs through and servicing the customer through dedicated relationship managers and business analyst apart from senior professional team membersWe are having tie ups with almost 120+ FIs/Banks/ NBFCs/HNIs and having operations at Delhi NCR, Kolkata, Ahmedabad, Jamshedpur, Surat, Patna and Ranchi.