Arjun Muralidharan (GrowXCD)
Overview
Arjun Muralidharan is an Indian entrepreneur and the founder, Managing Director, and CEO of GrowXCD Finance Private Limited, a Non-Banking Financial Company (NBFC) based in Chennai, India. Established in January 2022, GrowXCD specializes in providing financial services to micro, small, and medium enterprises (MSMEs) and low-income households across numerous regions in India. Muralidharan, with extensive experience in MSME lending, has played an instrumental role in bridging the credit gap for smaller businesses, particularly outside of urban centers. His educational background includes a B.Tech from IIT Madras and a Master's degree from the University of California, Berkeley.
Recent Developments
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September 2025: GrowXCD continued to expand its market presence in Southern India, establishing additional branches with a focus on technological advancements in lending services.
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January 2025: GrowXCD Finance secured an additional INR 20 crore investment from Lok Capital, increasing their total investment in the company to INR 70 crore. The funds are intended for expanding their footprint and enhancing their product offerings for MSMEs.
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November 2023: The company announced an INR 50 crore funding round led by Lok Capital to expand team capabilities and develop new technologies for financial inclusion.
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December 2022: The company achieved a sixfold increase in revenue from the previous year, showcasing significant growth and operational efficiency.
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April 2022: GrowXCD received its NBFC license from the Reserve Bank of India, marking a significant regulatory milestone in its operational journey.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Arjun Muralidharan |
| Born | Information not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur, Managing Director & CEO of GrowXCD |
| Known For | Founder of GrowXCD |
| Education | B.Tech from IIT Madras, MS from UC Berkeley |
Early Life and Education
Arjun Muralidharan's journey began in India, where he pursued a Bachelor of Technology degree from the prestigious Indian Institute of Technology (IIT) Madras. His academic pursuits didn't stop there; seeking to expand his expertise in industrial engineering and operations research, Muralidharan went on to complete a Master’s degree at the University of California, Berkeley. This strong educational foundation equipped him with technical and analytical skills pivotal for his future ventures in financial services and entrepreneurship.
Though details of his early life and formative years are not widely documented, Muralidharan's educational background highlights his dedication to academia and prepares a suitable prelude to his subsequent professional achievements.
Career and Notable Achievements
Arjun Muralidharan has built a commendable career characterized by significant achievements in the financial sector, primarily focused on rural retail lending:
- Founder of GrowXCD (2022-present): Under his leadership, GrowXCD rose to prominence as an NBFC focusing on MSMEs and financially excluded groups across India.
- Former Managing Director of IDFC FIRST Bharat Ltd: Preceding his entrepreneurial venture, Muralidharan served in leadership roles at IDFC FIRST Bharat Ltd.
- Strategic Advisor and Mentor: Beyond corporate roles, Muralidharan contributes as a mentor at the IIT Madras Incubation Cell, nurturing young startups and businesses.
Current Work and Impact
Today, Arjun Muralidharan continues to steer GrowXCD towards growth and innovation. The company's mission to enhance financial accessibility for underbanked regions in India is pivotal in reducing economic disparities. Through focused efforts on technology-enabled financial services, Muralidharan's work has impacted countless small businesses and households, facilitating their financial empowerment.
Conclusion
Arjun Muralidharan exemplifies visionary leadership in the realm of entrepreneurial finance. As the CEO of GrowXCD, he significantly impacts financial inclusivity and empowerment for underrepresented sectors. Muralidharan's journey stands as an inspiration for the next generation of business leaders, demonstrating the profound effects of innovative financial solutions and strategic mentorship. Looking ahead, his continued influence is anticipated to further transform and innovate the ways in which financial services are accessed and delivered across India.