Devesh Sachdev joins GLAAS as Co-founder & MD
As part of his new role, Devesh Sachdev will also invest $5 million in the company
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Published: Apr 7, 2026 2:40 PM | 1 min read
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GLAAS, an embedded credit infrastructure platform for MSMEs, has appointed Devesh Sachdev as Co-founder & Managing Director. He previously founded Fusion Finance Limited, which went public in 2022. As part of his new role, Sachdev will also invest $5 million in the company.
“MSME lending is at an inflection point. As businesses increasingly move online, credit will be delivered where transactions happen, in a form which meets evolving working capital needs of MSMEs and well within platforms. At GLAAS, we see this as a long-term structural opportunity and are building a comprehensive, asset-light credit infrastructure to lead this transition - while also scaling our own lending book in a calibrated manner alongside our partners,” said Devesh Sachdev, Co-founder & Managing Director, GLAAS.
With the latest fundraise and leadership expansion, GLAAS is focused on strengthening the balance sheet of its in-house NBFC, Gromor Finance, further expanding its co-lending partner ecosystem, and scaling its presence across high-growth digital platforms.
Welcoming Devesh Sachdev, Shailesh Dixit, Co-founder, GLAAS said, “We have been demonstrating GLAAS as the key infrastructure backbone for MSME credit in a platform-led world. The scale of this opportunity is massive, and we are excited to have Devesh joining us in this journey. With his experience in building and scaling lending businesses, we are well-positioned now to accelerate growth and establish GLAAS as a category-defining player in embedded credit.”
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