Aye Finance has named Gaurav Khurana as its new CTO. In the new role, he will be responsible for designing & implementing a technology stack and driving the adoption of new-age technologies.

On his appointment, Gaurav told ETCIO, “I am delighted to join Aye Finance which has transitioned from a startup to being the leader in the microenterprise lending segment in a very short span. I look forward to working with the team to develop & implement the IT strategy for smooth operations across the technology spectrum.”

He will be based out of Gurugram and will report to the company’s Managing Director, Sanjay Sharma.

Gaurav joins Aye Finance from Hero Housing Finance, where he was the Head of IT. He comes with almost 19 years of experience, having worked with companies like Religare Finvest Limited and Max Life Insurance in the past. It is this experience that Aye Finance, which is a new-age finance company providing business loans to SMEs across India, hopes to leverage.