Finarkein, a financial technology company, announced the appointment of Subbu Sundaresh Vennelakanti, former Business Head at CIBIL, as Director – Growth at Finarkein.
Subbu brings 25 years of experience in the insurance and wealth industry, having led the insurance vertical at TU CIBIL & CRIF Highmark, where he drove advanced risk scorecards, predictive analytics, and customer acquisition solutions for insurers and wealth institutions.
At Finarkein, he will be responsible for leading the development of solutions for the Wealth and Insurance sectors, starting with decisioning models built on data pipes fully compliant with DPDP guidelines, driving the company’s mission to strengthen India’s fintech ecosystem.
Nikhil Kurhe, Co-founder & CEO, Finarkein, said, “As insurers and wealth platforms rethink growth and distribution in a post-DPDP environment, the need for intelligent, compliant customer acquisition and decisioning solutions has become clear. Subbu brings deep domain expertise and a strong execution mindset, and we’re excited to have him lead our efforts in building products that deliver tangible business outcomes for financial institutions.”
Subbu Sundaresh Vennelakanti, Director – Growth at Finarkein, said, “India’s Fintech, Wealth and Insurance sectors are entering a pivotal phase of digital transformation, especially as customer acquisition models evolve in a post-DPDP world. Finarkein is uniquely positioned to support the industry with compliant, future-ready solutions that drive sharper customer segmentation and profitable decision-making. I’m truly excited to join Finarkein at such a defining moment and look forward to building cutting-edge, high-impact products for the ecosystem.”
Anand Datta, Partner, Nexus Venture Partners, said, “India’s fintech ecosystem is at an inflection point, particularly across wealth and insurance, where sophisticated decisioning must coexist with evolving data privacy regulations. Subbu brings rare, hands-on experience operating at this intersection. We believe his leadership will accelerate Finarkein’s mission to become a foundational layer for financial services innovation in India.”
Founded in 2019 by Nikhil Shrirang Kurhe and Dheeraj Kumar, Finarkein helps BFSI companies build intelligent, data-driven solutions across data aggregation, AI/ML-powered analytics, and financial services distribution, leveraging Account Aggregator (AA), ONDC, and OCEN.
Finarkein Analytics is backed by several institutional and angel investors, with major investments from venture capital firms such as Nexus Venture Partners, IIFL’s Fintech Fund, and the DSP Group Family Office.
In October 2025, Finarkein raised $1.5 million in an extended Pre-Series A round, led by the DSP Group Family Office with participation from existing investors, including Capital 2B. In August 2024, it secured $4.75 million in a Pre-Series A round led by Nexus Venture Partners, with participation from existing investors like IIFL’s Fintech Fund and Eximius Ventures.
