Biography of Vinay Mathews: Founder and COO of Faircent -Entrepreneur
Biography of Vinay Mathews:
Early Education and Background
Vinay Mathews embarked on his academic journey at Campion
School in Bhopal, where he laid the groundwork for his future pursuits in
business and management. He continued his education at Barkatullah
Vishwavidyalaya, earning a Bachelor of Arts in Management from 1990 to 1993.
This foundational experience ignited his passion for understanding the
intricacies of management and business operations.
Pursuing Higher Studies
Driven by a desire to deepen his knowledge, Vinay pursued an
MBA in Marketing from the Institute of Management Studies at Devi Ahilya
Vishwavidyalaya between 1993 and 1995. This advanced degree equipped him with
strategic marketing skills and insights into consumer behavior, essential for
his future roles in various industries, particularly in the digital landscape.
Entry into the Professional World
Vinay began his professional career at The Indian Express in
1995, where he served as a Manager in Sales for the Financial Express. Over the
next three and a half years, he honed his skills in sales and business
development, understanding the importance of building relationships and meeting
client needs i a competitive market.
Building Alliances at Rediff.com
In 1998, Vinay transitioned to Rediff.com as the Head of
Commercial Alliances. Over the next four years, he played a crucial role in
developing partnerships and enhancing the company’s offerings. His experience
at Rediff.com laid the groundwork for his understanding of the digital media
landscape, which would prove invaluable in his future ventures.
Leadership at Sify Technologies
From 2002 to 2004, Vinay served as the Regional Head for
Interactive Services at Sify Technologies. Here, he was responsible for
overseeing operations and enhancing customer engagement through innovative
digital solutions. His time at Sify solidified his expertise in managing
internet-based businesses and scaling operations effectively.
Shaping Careers at Bennett Coleman
Vinay then joined Bennett Coleman & Co. Ltd. (Times
Group) in 2004 as General Manager and Business Head for Smart Hire and Job
Fairs. Over four years, he managed recruitment solutions and job fairs, helping
companies connect with the right talent. This role deepened his understanding
of the hiring landscape and the importance of efficient recruitment processes.
Strategic Leadership at TimesJobs
In 2008, Vinay became the National Head and Associate Vice
President for TimesJobs.com. During his five-year tenure, he focused on
improving the quality and efficiency of hiring services. His strategic insights
and leadership helped TimesJobs adapt to the evolving corporate hiring
environment, making it a preferred choice for businesses seeking talent.
Biography of Vinay Mathews: Founder and COO of Faircent -Entrepreneur/Age/Net worth/Wife/Vinay Mathews story/ P2P lending platform/Faircentstory
Founding Faircent
In 2013, Vinay took a bold step and founded Faircent.com,
India’s first peer-to-peer (P2P) lending platform. Under his leadership as
Founder and COO, Faircent aimed to connect borrowers with individual lenders,
creating a marketplace that emphasizes transparency and efficiency. His vision
was to leverage technology to streamline the lending process and reduce costs
for both parties.
Pioneering P2P Lending in India
Faircent quickly gained recognition for being the first P2P
lending platform in India to receive a Certificate of Registration as an
NBFC-P2P from the Reserve Bank of India. Vinay's efforts were instrumental in
shaping the platform's mission, which focuses on connecting those in need of
credit with those looking to invest their funds, thus fostering financial
inclusion.
Achievements and Growth of Faircent
Over the years, Faircent has grown significantly, becoming a
leader in the P2P lending space in India. Vinay's extensive experience in
driving business growth and his deep understanding of internet operations
played a crucial role in the platform's success. The company has enabled
numerous individuals to access credit at viable rates, while lenders have
benefited from attractive returns on their investments.
Advocacy for Financial Inclusion
Vinay is not just a business leader but also an advocate for
financial inclusion. He has actively participated in numerous conferences and
summits focused on promoting financial literacy and accessibility. His
commitment to educating others about the importance of fintech in bridging the
financial divide has made him a respected voice in the industry.
Engaging with the Community
Beyond his role at Faircent, Vinay is a sought-after speaker
at various industry events. He has shared his insights on topics like digital
financial inclusion and the future of fintech at prestigious platforms. His
contributions extend to mentoring aspiring entrepreneurs, guiding them on the
nuances of starting and scaling businesses in the digital age.
A Balanced Life as an Entrepreneur
Vinay balances his professional life with his personal
commitments as a husband and father. His dedication to family and his
entrepreneurial spirit drives him to create solutions that empower individuals
financially. He believes that successful entrepreneurship should not come at
the cost of personal fulfillment and relationships.
Conclusion: Vision for the Future
As Vinay Mathews continues to lead Faircent and advocate for
financial inclusion, he remains focused on innovation and community impact. His
journey reflects a commitment to transforming the financial landscape in India,
making access to credit more inclusive and equitable. Through his work, Vinay
aims to inspire others to embrace entrepreneurship and make a positive
difference in their communities.
Timeline of Vinay Mathews Career
1987-1990 - Attended Campion School, Bhopal; foundational
education in business.
1990-1993 - Earned Bachelor of Arts in Management from
Barkatullah Vishwavidyalaya.
1993-1995 - Pursued MBA in Marketing at Devi Ahilya
Vishwavidyalaya.
1995 - Joined The Indian Express as Manager in Sales for
Financial Express.
1998-2002 - Worked at Rediff.com as Head of Commercial
Alliances.
2002-2004 - Served as Regional Head for Interactive Services
at Sify Technologies.
2004-2008 - Became General Manager at Bennett Coleman &
Co. Ltd. (Times Group) for Smart Hire and Job Fairs.
2008-2013 - National Head and Associate VP at TimesJobs.com,
enhancing hiring services.
2013 - Founded Faircent.com, India's first P2P lending
platform.
2017 - Faircent recognized as first P2P lending platform
registered as an NBFC-P2P.
2024 - Advocates for financial inclusion, mentors
entrepreneurs, and engages in community initiatives.
