Business Development Leader

4 days ago

Mangalore, Karnataka, India beBeeFounder Full time ₹ 10,00,000 - ₹ 25,00,000

Founded in 2023, Ethyx is a pioneering trust infrastructure platform bridging the gap between finance, technology, and sustainability in MSME and SHG markets.

We are on a mission to revolutionize trust infrastructure in underserved markets by leveraging cutting-edge technology and innovative strategies. Our goal is to empower financial institutions and small businesses alike with seamless access to trustworthy services.

Key Responsibilities
  • Develop and implement impactful strategies for program-linked MSME credit rails.
  • Design and structure menus including program credit lines, first-loss guarantees, pay-as-you-go models, and escrow/e-NACH/payout stack arrangements.
  • Establish outreach maps and slots with key targets (FMO, GuarantCo, DFID/FCDO windows, SIDBI linkages).

To achieve success by Day 30, we aim to book 12+ calls, sign 3–4 NDAs, and secure 1–2 Letters of Intent for program-linked facilities.

By Day 60, our objective is to obtain at least one conditional Term Sheet and a Memorandum of Understanding with a bank or NBFC for a small program line (₹3–5 Cr) pending pilot metrics.

Ultimately, by Day 90, we strive to secure an anchor facility worth ₹10 Cr conditionally approved, with a fee and covenant model finalized.

Requirements
  • Self-initiative & resilience: Thrive without a playbook, handle ambiguity, and keep moving forward when the road gets tough.
  • Creator mindset: Solve problems, create new possibilities, and drive innovation.
  • Go-getter drive: Chase outcomes, not just effort, and engage with stakeholders, investors, or product details.
  • Financial commitment: Contribute ₹50 lakhs in capital for 3.5% equity.

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