Ashutosh Sharma Founder of Ummeed Housing Finance.

Ashutosh Sharma is the founder and Managing Director of Ummeed Housing Finance. Ashutosh is a veteran in the field of Financial Services with close to 25 years of banking experience across multiple verticals of Banking with strong expertise in Corporate and SME lending, Risk Management, General Management, Strategy, and Business Development.
Ashutosh holds an MBA from the Indian Institute of Management (IIM) – Ahmedabad and a Bachelor of Arts from St. Stephen’s College. Ashutosh started his career with HSBC in 1991 and worked with them in India and Hong Kong in a variety of roles. He spent 15 years with Citibank working in multiple jurisdictions across India and Asia. Post a successful stint as Managing Director and Country Head, Corporate and Investment Banking at Citibank Malaysia, he returned to India in 2008 as Country Head for Bank of Montreal and set up multiple businesses for the group, across Investment Banking, Asset Management, and Correspondent Banking.
Ummeed’s vision and mission are best summarised by the acronym “ C-SUIT” which stands for
Customer First – we are focussed around providing best-of-class turnaround time and service level to our existing and prospective customers.
Speed of Execution – we are committed to operating with a lack of bureaucracy and speed, in our response to internal and external partners.
Underwriting Discipline – Strong, cash flow-based underwriting is key to success in any lending business. Ummeed’s s unique, Industry based income assessment methodology is our USP.
Integrity – A high level of integrity, in all dealings with customers, vendors, and partners is a hallmark of our operations.
Technology – we are committed to the use of technology to help us build a scalable business model.
Ummeed Housing Finance announced it has raised Rs 164 crore from a fund managed by Morgan Stanley Private Equity Asia. Existing investor LGT Lightstone Aspada also took part in the funding round in the Year 2020.