Rishi Khosla

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Rishi Khosla, CEO and co-founder of OakNorth

Rishi Khosla is a British-Indian serial entrepreneur and the co-founder of OakNorth Holdings, a fintech firm focused on enabling entrepreneurs worldwide to access customised mid-sized loans.[1][2][3]


Khosla holds a bachelor's degree in Economics from University College London, and a Masters in Accounting & Finance from the London School of Economics,[4][5][6] where he was awarded a scholarship by the Economic and Social Research Council.[7]


After leaving the LSE, he started his career in banking at ABN Amro,[8][9] before joining GE Capital’s London-based business development group in 1999. Here he focused on mergers and acquisitions.[10][11] During his tenure, he established an early stage tech venture fund for GE Capital, which he co-managed.[12][13] He subsequently joined the family office of steel baron Lakshmi Mittal, the current president and CEO of ArcelorMittal, to manage their venture capital and private equity investments.[14][15][16]

Khosla was one of the co-founders of Copal Amba along with his LSE classmate Joel Perlman. Copal Amba was an outsourced research company for investment banks, which was acquired by Moody's Corporation in 2014.[17][18] In mid-2008, Copal Amba was ranked the Number One Investment Research and Analytics KPO in Brown and Wilson Group's annual 'Black Book of Outsourcing 2008'.[19][20]

Khosla and Perlman have since founded OakNorth Holdings, a fintech firm focused on unlocking the potential in bespoke SME lending globally using its data and technology platform, OakNorth Analytical Intelligence.[21][22][23]

OakNorth Holdings has attracted over $1bn from several investors, including: Clermont Group, Coltrane, EDBI of Singapore, GIC, Indiabulls, NIBC, Toscafund, and SoftBank Vision Fund.[24][25] In its most recent round in February 2019 led by SoftBank Vision Fund, it was valued at $2.8bn.[26][27]

Awards and Recognition[edit]

Khosla was one of the recipients of the Ernst & Young Entrepreneur of the Year Award in 2011.[28]

Khosla was named on the 2018 Maserati 100 - a list dedicated to celebrating the positive impact entrepreneurs have on the British economy and society as a whole. The list is compiled in partnership with The Sunday Times and recognises 100 game-changing entrepreneurs who are true innovators in the business world.[29]

Khosla was named as "Business Person of the Year" at the 2018 Asian Achievers Awards.[30]


  1. ^ "Subscribe to read". Financial Times. Retrieved 2017-11-20.
  2. ^ "OakNorth Bank CEO: Hoping to overhaul the "peculiarly British disease" of small firms being overlooked by larger lenders | Business Advice". Business Advice. 2015-10-02. Retrieved 2017-11-20.
  3. ^ "Newcomer OakNorth Bank takes on business pain points". Growth Business. 2016-08-24. Retrieved 2017-11-20.
  4. ^ London School of Economics Newsletter for the Supporters of LSE
  5. ^ "Rishi Khosla: Executive Profile & Biography - Businessweek". www.bloomberg.com. Retrieved 2016-06-01.
  6. ^ Ramesh, Randeep (2006-11-06). "Analyse this: Wall Street looks to India". the Guardian. Retrieved 2016-06-01.
  7. ^ "Epiphany Ventures — Team". epiphanyventures.in. Retrieved 2016-01-19.
  8. ^ "Rishi Khosla, CEO of Copal Partners, an outsourced research company for the financial services sector, and won Ernst & Young's Entrepreneur of the Year Award for London and The South". www.copalamba.com. Retrieved 2016-01-19.
  9. ^ "Interview - Rishi Khosla - Alliance magazine". Alliance magazine. Retrieved 2016-06-01.
  10. ^ Dunkley, Emma (2015-05-26). "Rishi Khosla: pioneer of challenger banking". Financial Times. ISSN 0307-1766. Retrieved 2016-01-19.
  11. ^ Dunkley, Emma (2015-05-13). "Entrepreneurs ride second wave of bank start-ups". Financial Times. ISSN 0307-1766. Retrieved 2016-06-01.
  12. ^ World Investment Conferences Europe 2011
  13. ^ Economics Times Learning on the job with LN Mittal
  14. ^ "Learning on the job with LN Mittal". timesofindia-economictimes. Retrieved 2016-01-19.
  15. ^ "The Rs 29,000-crore surprise- Business News". www.businesstoday.in. Retrieved 2016-06-01.
  16. ^ "Indiabulls Housing to buy 39.8% in UK's OakNorth Bank for $100M | VCCircle". www.vccircle.com. Retrieved 2016-06-01.
  17. ^ "Indian lender buys $100m OakNorth stake". Insider Media Ltd. Retrieved 2016-01-19.
  18. ^ ibrahimgarzon (2008-08-14), Rishi Khosla CEO of Copal Partners on CNBC, retrieved 2016-06-01
  19. ^ "Copal Partners Named #1 Global Investment Research and Analytics KPO by the Black..." Reuters. 2008-07-01.
  20. ^ "Copal Partners has been named the number one Knowledge Process Outsourcing (KPO) company globally for Investment Research and Analytics | Copal Amba". www.copalamba.com. Retrieved 2016-06-01.
  21. ^ "ACORN machine rebrands as OakNorth Analytical Intelligence". Property Funds World. 2018-10-23. Retrieved 2018-11-14.
  22. ^ "OakNorth: AI Fuels Small Business Bank Lending | PYMNTS.com". www.pymnts.com. Retrieved 2018-11-14.
  23. ^ "Marketplace Lending News Roundup – November 3 - Lend Academy". Lend Academy. 2018-11-03. Retrieved 2018-11-14.
  24. ^ "OakNorth raises $440 million from SoftBank and Clermont". TechCrunch. Retrieved 2019-02-13.
  25. ^ "UK's OakNorth targets U.S. after $440 million SoftBank cash injection". Reuters. 2019-02-08. Retrieved 2019-02-13.
  26. ^ Browne, Ryan (2019-02-08). "SoftBank invests in UK fintech OakNorth, giving it $2.8B valuation". www.cnbc.com. Retrieved 2019-02-13.
  27. ^ "Subscribe to read". Financial Times. Retrieved 2019-02-13.
  28. ^ Ernst & Young Entrepreneur of the Year 2011 Award Recipients
  29. ^ Maserati. "2018 Maserati 100 - R.Khosla & J.Perlman: OakNorth | Maserati UK". www.maserati.com. Retrieved 2018-11-14.
  30. ^ ABPL. "2018". www.abplgroup.com. Retrieved 2018-11-14.