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Perfios Appoints Nitin Chugh As Managing Director and Group CEO

PRIVATEMar 18, 20262 months ago

Position

Director

Company

Perfios

Nitin Chugh
BengaluruFinancial ServicesSoftware

Description

Perfios has named Nitin Chugh as its new Managing Director and Group CEO, a strategic move to bolster its growth and global expansion. Chugh brings extensive experience in the financial services sector, aimed at leading the company to drive innovation and long-term vision.

Company Information

Company

Perfios

Location

Bengaluru, Karnataka, India

About

The Bengaluru-based startup offers a software technology platform to financial institutions, helping them extract, aggregate and analyse financial data to improve credit assessment. In an extraordinary general meeting on February 10, the company also sought the board’s approval to raise Rs 300 crore (roughly $40 million) through issuance of non-convertible debentures. The proceeds of the funding will be used for financing the acquisition of other companies, capital expenditure, and working capital requirements, Perfios said in its regulatory filings.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, FundzIQ™ for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.