Our Management

Mr. Sushil Agarwal

(Chief Mentor)
Mr. Sushil Agarwal is the Chief Mentor for the Moneylicious Group. He has more than three decades of rich and diversified experience in financial markets. He has been a driving force and inspiration for many successful entrepreneurs! Being a visionary, he understands the intricacies of financial markets well. His efficiencies and synergies accompanied with his futuristic and positive outlook is valuable.

Moneylicious is privileged to have him as ‘The Chief Mentor’. Under his able guidance, Moneylicious aspires to become a leading financial powerhouse in days to come.


Mr. Jay Prakash Gupta

(Director & CEO)
Mr. Jay Prakash Gupta is the Founder and Director of Moneylicious. With Moneylicious, Mr. Gupta brings to life his vision of a company that understands the financial needs from an investor’s perspective and then offers the best available ethical financial solution.

Mr. Gupta brings with him over a decade of experience in the Financial Markets including the rich experience of Equity and commodity broking industry and research. He is well known in the industry for his dynamism and execution capabilities. Prior to founding Moneylicious, Mr. Gupta has held senior positions at the regional and national levels with Indiabulls, Karvy, Mangal Keshav and UNICON. Mr. Gupta was instrumental in setting E-Broking business at Karvy Comtrade

Mr. Gupta has been awarded as India’s Best Research Analyst 2013. The Award was conferred by Mr. Narendra Modi at a Function held in Ahmedabad. He has also won Zee Market Excellence Award under Commodities Fundamental Category in 2016


Ronita Gupta

(Director – New Initiatives & HR)
Ronita Gupta is a Gold Medalist in PGDBM (Finance), Mumbai. Her 14 years of experience in the Financial sector can be accredited to a gamut of interesting job positions.

She started her career as a Trainee for Advance Against Financial Assets in CITI Bank and graduated to a Private Client Group Relationship Manager for Refco Sify Securities Pvt. Ltd.(Now Philips Capital)

Be it selling Loan Against Shares to HNIs for ICICI Bank or selling of Personal Loans to Non HNIs in Standard Chartered Bank she has done it all. She relishes her tenure with Liability Product Group of HDFC Bank where her analytical and creative abilities were honed . Her areas of operation ….analyzing portfolio quality parameters , devising branch sales strategies , product trainings gave her the impetus to start off as an entrepreneur. In February 2011 , Ronita Gupta ventured into entrepreneurship and co-founded Moneylicious Capital and Advisory Services Private Limited and the journey continues


Jaswinder Singh

(Director)
Mr. Jaswinder Singh, is a post graduate from IBS Hyderabad and a CFA from ICFAI. He started his financial journey with Kotak Securities as a HNI Advisor. His interest in the financial sector was further augmented as the result of his engagements in a number of interesting and diverse job positions .

The last decade of his work experience has been with various institutions of repute. Mr. Singh has worked with CRISIL as an EEMEA Credit Analyst and subsequently worked with Verity Knowledge Solutions as a Global Investment Banking Senior Analyst in the Infra and Utilities sector. He is associated with Moneylicious since 2017. His interest in the financial education space has him involved in teaching assignments at Professional and Post Graduate levels across East India.


Mr. Arun Agarwal

(COO – Chief Operating Officer)
Mr. Arun Agarwal is a postgraduate with over two decades of experience encompassing Finance, Exports, and Insurance.

In his initial days , he was into Income Tax , Sales Tax and Excise Consultancy …. He ventured into Merchant Banking & managed 136 issues as a Category I merchant banker.

In 2001, he started exporting Readymade Garments for Walmart, FUBU, Outkast, Vokal, NBA and Phatfarm. A few years later, started his own ‘Loans and Advances ‘ advisory along with Consultancy in Credit Insurance and was affiliated with ECGC.

He is very passionate about the Capital Markets….. and this became the pivotal factor for his association with Moneylicious as the COO . Being of extrovert nature, Sales & Marketing is his forte.

Our Team


Munilal Mandal

Mr. Munilal Mandal heads the Operations at Moneylicious. His experience of twenty years in Trade Processing and Margin Funding paired with his vigor to manage minute details to perfection makes the 'Operation Fuctionality' simple ,effective and immaculate.


Avinash Raste

Mr. Avinash Raste has 15 years of experience in technical analysis. He is very passionate about the stock markets and the same is reflected in his advisory calls. He also likes to teach about the Markets and also conducts Technical Analysis Workshops at Moneylicious.



Deepak Lad

Mr. Deepak Lad, is a commerce graduate with more than two decades of experience in Finance & Accounts. Prior to joining Moneylicious, he has held key positions with leading broking houses. At Moneylicious, Mr. Lad shoulders the resposibility for all Accounts and Statutory related activities.


Devendra Prasad

Mr. Devendra Prasad , with more than 12 years of experience deserves credit for effortlessy handling Risk Management at Moneylicious.



Parag Patel

Mr. Parag Patel multi-dexterously works for RMS and Dealing for the Equities and Commodities Markets


Dinesh Jadhav

D for Dinesh, D for Demat. Mr. Dinesh Jadhav meticulously handles the DP Operation process at Moneylicious.



Pravin Bandal

Mr. Pravin Bandal has a rare combination of Back Office Software installation and implementation functionality with indepth knowledge of Trade Processing and Client query resolution


Prashant Rane

Mr. Prashant Rane aces all functionalities related to Trading and Demat Account Documentations.



Parag More

Mr. Parag More is a hardware and networking professional with over a decade of experience. At Moneylicious , he can be accoladed for the seamless functioning of the operating and trading systems


Nikita Bhavsar

Ms. Nikita Bhavsar , a post graduate in Human Resource with her zest for Innovative Recruitment Methods and Improvising HR practices perfectly blends into the Moneylicious Culture.