Bengaluru: Perfios, a leading B2B SaaS TechFin company in India, has appointed Nitin Chugh as its Managing Director and Group CEO.
The move signals a key step in the company’s growth as it sharpens its focus on innovation, platform expansion, and deeper integration with financial institutions while continuing to scale globally.
Chugh will lead the Perfios Group, which includes Perfios, Clari5, CreditNirvana, and IHX. He will work closely with the leadership team to drive long-term strategy and accelerate growth across markets.
The group combines capabilities across the financial services lifecycle. Perfios enables intelligent decision-making at scale, Clari5 focuses on real-time fraud detection and risk management, CreditNirvana supports digital collections and debt resolution, and IHX works on transforming claims in the health insurance ecosystem.
Chugh brings nearly three decades of experience in the banking and financial services sector. Most recently, he served as Deputy Managing Director and Head of Digital Banking and Transformation at State Bank of India, where he led large-scale digital initiatives and strengthened customer acquisition strategies.
He has also been managing director and CEO of Ujjivan Small Finance Bank and group head of Digital Banking at HDFC Bank. His experience in building and scaling digital businesses is expected to support Perfios in its next phase of growth.
