Overview
- Chugh takes charge as managing director and group CEO to oversee Perfios, Clari5, CreditNirvana, and IHX.
- The core Perfios business remains under CEO Sabyasachi Goswami, ensuring continuity of day-to-day operations.
- Chugh cites a push to scale AI across credit decisioning, fraud prevention, risk management, healthcare claims automation, collections, and debt resolution.
- He most recently served as deputy MD and head of digital banking and transformation at State Bank of India, after leading Ujjivan Small Finance Bank and heading digital banking at HDFC Bank.
- Perfios serves 1,000+ financial institutions in about 20 countries, processes roughly 8.2 billion data points a year, offers 75+ products and 500+ APIs, and became a unicorn in March 2024 with $80 million from Teachers’ Venture Growth.