Veefin Solutions Limited has announced strategic leadership appointments at PSB Xchange, its digital marketplace for financial solutions. The company disclosed the appointments of Ankush Aggarwal as Chief Experience Officer and Sahil Sikka as Chief Business Officer & Chief Financial Officer on January 2, 2026, under Regulation 30 of the SEBI LODR Regulations, 2015.

Strategic Leadership Strengthening

The appointments represent a significant step in strengthening PSB Xchange's leadership team as the platform accelerates scale, platform depth, and ecosystem-led growth. Both executives bring extensive experience in banking and financial services to support the company's expansion objectives.

Ankush Aggarwal's Appointment

Ankush Aggarwal joins as Chief Experience Officer, bringing over two decades of leadership experience across Corporate Banking and SME segments. His expertise includes building enterprise-scale client servicing frameworks, driving digital journey transformation, and enabling end-to-end process automation with a focus on experience-led growth.

In his previous leadership roles at Kotak Mahindra Bank Limited, IndusInd Bank Limited, and SG Finserve Limited, Ankush led large cross-functional initiatives spanning customer onboarding processes, credit lifecycle management, servicing operations, and digital platform development. At PSB Xchange, his primary focus will be on building intuitive, seamless, and outcome-driven experiences for banks, corporates, and ecosystem partners.

Sahil Sikka's Expanded Role

Sahil Sikka has been appointed as Chief Business Officer & Chief Financial Officer, contributing over 15 years of leadership experience across banking and financial services. He was part of the founding leadership team at SG Finserve Limited, where he played a pivotal role in building a listed NBFC from the ground up, covering business and capital strategy, product design, distribution, and governance.

In his dual role, Sahil will focus on strengthening PSB Xchange's growth strategy, scaling the business sustainably, and working closely with cross-functional teams to drive long-term value creation while overseeing financial operations.

Management Commentary

Sorabh Dhawan, CEO – PSB Xchange, Veefin Solutions Limited, commented on the appointments: "We are pleased to welcome Ankush and Sahil to the PSB Xchange leadership team. As the platform continues to scale and deepen its engagement with banks and financial institutions, strong leadership across experience, strategy, and execution is critical."

Dhawan emphasized that Ankush's expertise in building experience-led, technology-driven operating models, combined with Sahil's proven ability to scale businesses with strategic clarity and governance discipline, significantly strengthens the leadership bench.

Platform Overview

PSB Xchange operates as a multi-lender digital working capital marketplace led by the PSB Alliance and developed by Veefin Solutions. The platform brings together banks, NBFCs, corporates, MSMEs, and ecosystem partners on a single platform, enabling seamless participation across supply chain finance programs by standardizing onboarding, program discovery, and transaction execution.

With these appointments, PSB Xchange reinforces its commitment to building a robust leadership team capable of supporting innovation, scale, and ecosystem-led transformation across India's financial services landscape.

Veefin Solutions ' PSBXchange has strengthened its embedded finance ecosystem by onboarding 20 strategic partners across supply chain finance, B2B marketplaces, procurement, and treasury platforms. This expansion reinforces PSBXchange's role as foundational digital infrastructure for delivering institutional finance at scale across India's enterprise and MSME ecosystem.

Strategic Partnership Expansion Across Six Verticals

The expanded onboarding represents PSBXchange's evolution from platform enablement to ecosystem orchestration. By integrating financing directly into systems that power procurement, distribution, treasury, trade, and SME operations, PSBXchange enables credit to flow seamlessly within everyday business workflows while reducing friction, improving visibility, and strengthening lender confidence.

Supply Chain Finance and B2B Marketplace Integration

The partnership expansion includes multiple supply chain finance fintechs bringing deep expertise in invoice-based financing and automated dealer, distributor, and vendor finance workflows. These integrations enable PSBXchange to activate financing within live supply chains while maintaining lender-grade compliance and risk visibility.

B2B marketplaces digitize trade flows across industrial supply chains, and embedding PSBXchange's financing layer within these platforms allows buyers and sellers to access supply chain finance directly at the point of transaction.

Corporate Advisory and Distribution Technology Integration

Procurement and procure-to-pay platforms sit at the heart of enterprise purchasing and invoice approval workflows. Integration with PSBXchange enables seamless financing of buyer-approved invoices, strengthening liquidity predictability for vendors and suppliers.

Corporate advisory firms act as trusted intermediaries for enterprises seeking structured financing solutions, expanding PSBXchange's access to curated, decision-ready financing opportunities aligned with institutional lending standards.

Leadership Perspective on Ecosystem Development

Commenting on the milestone, Sorabh Dhawan, CEO of PSBXchange, emphasized the platform's evolution: "This milestone reflects the direction in which PSBXchange is evolving - from enabling transactions to powering an integrated embedded finance ecosystem. By onboarding partners across six strategic verticals, we are ensuring that institutional credit can be accessed where commercial decisions are actually made."

Dhawan highlighted the focus on building a common digital financing layer that scales responsibly while meeting transparency, governance, and risk expectations of lenders.

Future Growth and Platform Positioning

With the successful onboarding of these 20 partners, PSBXchange is positioned to support businesses across multiple industries while offering lenders a standardized and interoperable route to deploy working capital solutions. The platform continues to evaluate a growing pipeline of prospective partners across additional platforms and use cases.

PSBXchange maintains a structured and selective onboarding approach, aiming to expand responsibly by ensuring every new integration strengthens the overall ecosystem, enhances lender confidence, and deepens the reach of embedded finance across India's digital trade infrastructure.

About the Platform and Technology

PSBXchange operates as a multi-lender digital working capital marketplace led by the PSB Alliance and developed by Veefin Solutions. The platform brings together banks, NBFCs, corporates, MSMEs, and ecosystem partners on a single platform, enabling seamless participation across supply chain finance programs by standardizing onboarding, program discovery, and transaction execution.