India, Oct. 7 -- India PR Distribution

Bengaluru (Karnataka) [India], October 7: Lokta today named Vamshi Krishna Putta as Head of Engineering and announced the general availability of its collateral management module, which he helped shape alongside the engineering team. His experience inside a lending business informed its focus on keeping collateral values useful after disbursal. Lender implementations are underway.

Vamshi's prior work includes migrating nine million accounts with full reconciliation and implementing a regulatory moratorium across one million accounts. At Finflux, he helped build and later led development of its lending stack, built on Apache Fineract, and continued after M2P Fintech acquired it in 2022. He subsequen...