Biography of Gautam Adukia: Co-Founder of LiquiLoans and RentoMojo- Entrepreneur
Biography of Gautam Adukia:
Foundations of Education and Early Career
Gautam Adukia’s journey into the world of finance and
entrepreneurship began with a strong educational foundation. He completed his
Bachelor’s degree in Business Management from HR College in 2009, laying the
groundwork for his future career. His academic prowess was further solidified
by a Post Graduate Diploma in Management from the Indian Institute of
Management (IIM) Calcutta, which he completed in 2011. His commitment to
finance was further demonstrated by earning the Chartered Financial Analyst
(CFA) designation from ICFAI between 2006 and 2008.
Initial Professional Experiences
Adukia’s career began with internships that provided him
with valuable insights into financial markets. He interned at the Reserve Bank
of India (RBI) in 2008, where he gained experience in foreign exchange
operations. This was followed by a stint at the Royal Bank of Scotland (RBS) in
London, focusing on credit trading and commodities research. These experiences
were crucial in shaping his understanding of financial systems and market
dynamics.
Biography of Gautam Adukia: Co-Founder of LiquiLoans and RentoMojo- Entrepreneur/Startup/Success story of Gautam Adukia/Age/Net worth/Life story
Stepping into the Corporate World
After his internships, Adukia joined IIFL Wealth Management
as an Assistant Vice President. Over nearly four years, he played a key role in
managing private wealth, developing strategies, and overseeing financial
operations. His tenure at IIFL was marked by his expertise in finance and
strategic planning, which laid a strong foundation for his future ventures.
A Brief Yet Impactful Role at Housing.com
In 2015, Adukia transitioned to Housing.com, where he was
involved in finance and strategy. Although his time at Housing.com was
relatively short, lasting about six months, it was instrumental in refining his
skills in strategic financial management within a dynamic, tech-driven
environment.
Innovative Entrepreneurship with RentoMojo
Adukia’s entrepreneurial journey began with the co-founding
of RentoMojo in 2015, a platform that revolutionized rental services in India.
At RentoMojo, he was responsible for overseeing finance, strategy, product
management, and digital marketing. His leadership in these areas was critical
in driving the company’s growth and establishing it as a significant player in
the rental market.
Founding LiquiLoans
In 2018, Adukia co-founded LiquiLoans, a peer-to-peer
lending platform. Alongside Achal Mittal, Adukia launched this innovative
venture to bridge the gap between borrowers and lenders directly. LiquiLoans
leverages technology to streamline lending processes, eliminating the margins
typically charged by traditional banks and non-banking financial companies
(NBFCs). This approach not only makes borrowing more affordable but also offers
a more attractive investment opportunity.
Support from Matrix Partners
LiquiLoans has attracted significant investment from Matrix
Partners, a leading venture capital firm known for backing successful startups
like OlaCabs, Practo, and Quikr. This backing has been instrumental in scaling
LiquiLoans and solidifying its position in the competitive fintech landscape.
The support from Matrix Partners reflects the confidence in LiquiLoans’
innovative business model and growth potential.
Current Impact and Future Prospects
Under Adukia’s leadership, LiquiLoans continues to grow and
evolve. The platform’s use of technology to connect borrowers and lenders
represents a significant shift from traditional lending models. By reducing
costs and improving efficiency, LiquiLoans is making a substantial impact on
the financial services industry, offering a glimpse into the future of personal
and institutional lending.
Legacy and Vision
Gautam Adukia’s journey from a finance intern to a
successful entrepreneur highlights his dedication to innovation and strategic
thinking. His work with LiquiLoans and his previous ventures demonstrate a deep
understanding of both finance and technology, positioning him as a key figure
in the evolution of financial services. His ongoing efforts continue to drive
forward-thinking solutions in the fintech sector, shaping the future of lending
and investment.
Timeline of Gautam Adukia
2009: Bachelor’s degree in Business Management from HR
College.
2011: Post Graduate Diploma in Management from IIM Calcutta.
2006-2008: Chartered Financial Analyst (CFA) from ICFAI.
2008: Interned at RBI in foreign exchange operations.
2008: Interned at RBS in credit trading and commodities
research.
2008-2012: Assistant Vice President at IIFL Wealth
Management.
2015: Joined Housing.com in finance and strategy.
2015: Co-founded RentoMojo, a rental services platform.
2018: Co-founded LiquiLoans, a peer-to-peer lending
platform.
2018: Secured investment from Matrix Partners for LiquiLoans.
