Capital India is led by a seasoned team of professionals with rich experience in the financial services industry. We combine our expertise with ethics in governance to help businesses rediscover and grow.
Mr Sumit Kumar Narvar
Chairman - Capital India Corp.
Mr S K Narvar is the Chairman of Capital India Corp. (CIC).
CIC is the promoter entity of Capital India Finance Ltd (a BSE listed systematically important Non-Banking Finance Company), Capital India Home Loans (an affordable housing finance company), RemitX (a tech-enabled cross-border remittance player), RapiPay (one of India’s leading fintech payment and money-transfer start-ups working towards digital financial inclusion), Credenc (education loan and ecosystem fintech entity – 3rd largest in India) and Kuants (an investment platform).
A first-generation business leader, Mr Narvar possesses an astute vision and entrepreneurial acumen. He steers the business group with a key focus on financial services and the infrastructure sector. He is also a venture investor in his personal capacity, supporting start- ups that are disrupting India’s consumption opportunity through mobile and digital interventions.
He believes that financial inclusion and infrastructure development are essential to empower communities and boost the country’s development. An advocate of India’s economic superpower potential, Mr Narvar recognises that the country’s strong performance is buoyed by factors such as a well-educated workforce, young demographic and pro-growth policies. These principles have shaped the vision and growth of CIC.
A handpicked team of senior leaders execute Mr Narvar’s vision across the group’s companies. The businesses demonstrate a long-term commitment to creating value for stakeholders through sustained relationships. He believes in running businesses on the foundation of trusteeship and accountability, ensuring professional boards and strict corporate governance in all the operative companies. Mr Narvar is driven by the goal to build businesses that create a long-lasting impact across the stakeholder ecosystem.
A firm believer in giving back to society, Mr Narvar is passionate about driving socio- economic change with a genuine ground-level impact. The Corporate Social Responsibility (CSR) arm works towards better sanitation and hygiene management in Indian villages. It focuses on reversing the damage done to water tables in rural areas due to unscientific waste disposal practices.