Rahul Parakh

Founder

Delhi, India17 yrs 2 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Achieved 25x sales growth at Tata 1mg.
  • Founded and led multiple successful CPG startups.
  • Expert in business strategy and product development.
Stackforce AI infers this person is a seasoned leader in the Consumer Packaged Goods industry with a strong focus on health and wellness.

Contact

Skills

Core Skills

Business StrategyProduct DevelopmentFinancial ManagementInvestment BankingMergers & Acquisitions

Other Skills

AccountingAnalysisAsset ManagementAuditingBusiness AnalysisBusiness DevelopmentBusiness PlanningCompetitive AnalysisCorporate FinanceDeal SourcingDue DiligenceEntrepreneurshipEquitiesExecutive ManagementFinance

About

Rahul has more than 12 years of dynamic experience in the consumer packaged goods (CPG) industry. Prior to starting RawRX, Rahul was the Director of the private label business at TATA 1mg, where he introduced more than 100 SKUs and grew the business by 30x within a short span of time. Rahul has held CXO positions at other D2C startups, where he played an instrumental role in conceptualising and executing turnaround & growth strategies. His journey in the CPG industry started at a boutique investment bank, where he helped large Indian CPG companies in their quest to acquire leading overseas brands. Rahul did his graduation in Accounting & Finance from Purdue University, USA. His strongest suits are business strategy, brand building & finance. Rahul's personal broken-healthcare journey, interest in self-care, and work experience in the health-tech industry make him a unique fit to build a healthcare company, especially in the pre-primary care space.

Experience

Rawrx

Founder & CEO

Mar 2022Present · 4 yrs · Gurugram, Haryana, India · On-site

Tata 1mg

2 roles

Director

Promoted

Jul 2020Aug 2021 · 1 yr 1 mo

  • Built the 1mg Private Label business from scratch
  • Handled the private label vertical P&L and contributed towards improving overall 1mg platform profit margin
  • Achieved 25x sales growth on 1mg platform, and launched products on other major e-com portals & offline retail outlets
  • Revamped product packaging design and created 90+ proprietary formulations that have not only ranked as top sellers with excellent product reviews, but also helped build new categories on the 1mg platform
  • Conceptualised innovative marketing campaigns and executed merchandising, visibility, and performance marketing
Private Label ManagementP&L ManagementProduct LaunchMarketing CampaignsProduct Packaging DesignBusiness Strategy+1

Head of Private Label

Apr 2019Jun 2020 · 1 yr 2 mos

  • Creating the coolest and most innovative range of nutraceutical products.

Akiva love

Chief Operating Officer

Apr 2017Mar 2019 · 1 yr 11 mos · Gurgaon, India

  • A consumer packaged good (CPG) company focused on superfoods and beverages
  • Joined as founding team member and was involved through the entire life cycle from product development to launch
  • Conceptualised a range of innovative products and pioneered in the space of health shots
  • Built a sales team from scratch and launched the products at all major modern trade retail outlets across the country
  • Spearheaded the financial & legal due diligence process for successfully raising Series-A round of funding
Product DevelopmentSales ManagementFunding StrategyBusiness Strategy

Devang holdings private limited

Chief Operating Officer

Feb 2015Mar 2017 · 2 yrs 1 mo · New Delhi, India

  • A health & wellness venture promoted by the ex-Chairman & MD of SRL Diagnostics (Fortis Healthcare)
  • Played an instrumental role in executing business strategy, planning, and corporate finance activities
  • Lead R&D and new product development initiatives in the herbal supplements and lifestyle products category
  • Created a team from scratch and launched products in India and overseas (US, Canada, and Mauritius)
Business StrategyR&D ManagementProduct Development

Nourish organic food pvt ltd

Chief Operating Officer

Mar 2013Jan 2015 · 1 yr 10 mos · New Delhi, India

  • A Saama Capital backed organic health food CPG company
  • Created an effective short-term and long-term strategy in order to bring a loss-making health food company to profitability
  • Worked with cross channel teams to develop creative marketing strategies, boosting sales turnover by 200% in 18 months
  • Improved working capital condition by decreasing accounts receivable by 80% and reducing COGS by 25%
  • Conceptualised and created an award-winning range of Ayurvedic health bars that received great customer feedback
  • Increased product shelf-life by introducing innovative packaging solutions in order to tap into export opportunities
Strategic PlanningMarketing StrategyFinancial ManagementBusiness Strategy

Noostrop health food pvt ltd

Founder & CEO

Nov 2009Jun 2012 · 2 yrs 7 mos · Kolkata Area, India

  • My first attempt at creating a functional food brand
  • Developed an innovative energy supplement product as a healthy substitute to energy drinks
  • Applied lean product development techniques to get the desired products to consumers’ hands faster
Product DevelopmentLean Product Development

Leverage capital partners

Associate - M&A

Oct 2008Mar 2013 · 4 yrs 5 mos · Kolkata Area, India

  • A boutique investment banking firm
  • Assisted in setting up the M&A desk and created an effective deal sourcing network
  • Helped Godrej Consumer Products Ltd. (GCPL) acquire a leading hair-care brand in Argentina for USD 28 mn
  • Discovered compelling acquisition opportunities for FMCG companies such as Godrej, Marico, Emami, Wipro, and ITC
  • Performed financial and business analysis to assist clients in their decision making process
  • Industries covered: FMCG, Food & Agriculture, and Pharmaceutical
M&A AnalysisFinancial AnalysisDeal SourcingInvestment BankingMergers & Acquisitions

Clifton gunderson llp

Audit and Tax Intern

Jan 2007Aug 2007 · 7 mos · Indianapolis, Indiana Area

  • Assisted Senior Managers in all phases of the auditing process for external clients such as group homes, nursing homes and Public Employee Retirement Funds (PERF)
  • Performed tasks such as vouching invoices, credit balance picking for billing purposes, census summary, and aged accounts receivable

Education

Purdue University Daniels School of Business

BS — Accounting and Finance

Jan 2005Jan 2008

CFA Institute, USA

Chartered Financial Analyst — Finance

Jan 2009Jan 2013

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