U

Urmil Shah

Co-Founder

Bengaluru, Karnataka, India14 yrs 4 mos experience
Highly Stable

Key Highlights

  • Led multiple zero to one journeys at Swiggy.
  • Co-founded a successful IoT startup acquired by Mahindra.
  • Advised on key strategic initiatives for Startup India.
Stackforce AI infers this person is a dynamic leader in E-commerce and Automotive IoT sectors with strong strategic and product development skills.

Contact

Skills

Core Skills

StrategyBusiness DevelopmentInnovationProduct DevelopmentProject ManagementEntrepreneurshipConsultingBusiness StrategyMentoringEngineering

Other Skills

AgribusinessBusiness AnalysisCCost OptimizationCross-functional CollaborationCross-functional LeadershipData AnalysisEngineering DesignGTMIoTManagement ConsultingMarket AnalysisMarket ResearchMicrosoft ExcelOpportunity Identification

About

I have been a founder & operator in tech for the best of the last decade. Worked with Swiggy for the last 5 years where I have been part of several zero to one journeys across our food and grocery businesses. Before that I co-founded Carnot in 2015, a full-stack IOT platform for the auto industry, now acquired by Mahindra. I learnt the ropes of business with Bain & Company and am a Mechanical Engineer from IIT Bombay. I'm passionate about all things tech and being a part of building the future. Outside of work, I enjoy the outdoors and feel the best way to spend time with others is in nature and on foot. I also love to play the guitar. Recently, I've rekindled my interest in sports and am back on the tennis court.

Experience

Entrepreneurs first

Principal

Oct 2023Present · 2 yrs 5 mos

  • We're an early stage fund and accelerator, and we invest in people really early - pre-team and pre-idea, and help them build companies. We're present at 6 locations around the world, we're backed by some of the world's best founders/investors and our companies are collectively valued at over $10B.
  • In our most recent cohort in Bangalore we helped create several companies that are building software for the global markets - from AI agents and co-pilots to XR tooling, AI safety and more.

Swiggy

3 roles

Head of Strategy & Planning, Swiggy Handpicked

May 2021Sep 2023 · 2 yrs 4 mos

  • Handpicked was our foray into gourmet & specialty groceries. Part of the team since inception, my role involved working with the biz lead (Alok Jain) to scope the opportunity, create blueprints on GTM, org design and build the core team. Post launch, I worked with the function leads to build the roadmap across product, growth, assortment and ops, steering the business towards PMF. On the other side, I would collaborate with the biz sponsors to define our stage-gates and success metrics.
StrategyPlanningGTMOrganizational DesignRoadmap DevelopmentBusiness Development

Director, Swiggy Labs

Promoted

Jan 2019May 2021 · 2 yrs 4 mos

  • Labs was born out of a vision to supercharge innovation at Swiggy, and a belief that while it is impossible to predict the future, with a prepared mind and a focus on real-world experimentation, it is possible to build it. Labs was a sandboxed environment to build our most breakthrough ideas, with the speed and agility of a startup. The goal was to spawn the next set of bets for Swiggy and my role involved identifying the most promising opportunities that could drive discontinuous improvement in topline, bottomline or CX.
InnovationOpportunity IdentificationCross-functional CollaborationProduct Development

General Manager, New initiatives

Jul 2018Dec 2019 · 1 yr 5 mos

  • I joined Swiggy at a time we were looking to foray beyond food delivery. My role involved leading cross functional teams to launch some of our big bets like Swiggy Daily (homestyle meals subscription), Takeaway (self-pickup at restos), Food Court (corporate cafeteria digitisation)
Cross-functional LeadershipBusiness StrategyProject ManagementBusiness Development

Carnot technologies private limited

Co-Founder

Sep 2015Mar 2018 · 2 yrs 6 mos

  • Carnot is an automotive IOT startup I co-founded in 2015 with the mission of building world-class hardware products in India. Our first product was a connected car platform - a Fitbit for the car to help car-owners monitor their vehicle with a tap on their phones. Our vision was to build a connected car ecosystem where auto services players in insurance, after-market services etc. could engage with car-owners digitally using our app. We were backed by Sandeep Tandon, Kunal Shah, Qualcomm and Mahindra. Carnot is now part of the Mahindra group and we're powering their agri-tech platform Krish-e.
IoTProduct DevelopmentBusiness StrategyEntrepreneurship

Bain & company

Associate Consultant

Jul 2013Sep 2015 · 2 yrs 2 mos

  • Worked as a consultant on case teams that were advising CEOs and leaders on key strategic issues. Worked across a wide range of sectors spanning auto, energy, financial services and private equity. My fav projects involved working with the DIPP (apex planning body of PMO) in planning the Startup India initiative, and the Gates Foundation / Acumen on a study in Agri where we helped understand how to drive adoption of innovation in smaller holder farming. I was offered a promotion at the end of my 2 year stint, however at which point I decided to venture out and start up.
ConsultingStrategic PlanningMarket AnalysisBusiness Strategy

Indian institute of technology, bombay

Overall Coordinator, Student Mentor Program

Mar 2012Feb 2013 · 11 mos

  • Nominated by the Deans to lead the student mentor program - instituted as a support system for the campus community. Led a team of 100 mentors to guide the incoming batch of freshmen and manage programs for academic support and rehab for the broader student community. I also served as a student representative in key policy making bodies at IIT Bombay.
MentoringProgram Management

Whirlpool of india ltd.

Summer Intern

May 2011Jun 2011 · 1 mo · Product Development Centre, Pune

  • Worked across key projects in refrigerator design to help reduce fan and compressor noise signature & optimise manufacturing cost.
Product DevelopmentCost OptimizationEngineering

Iit bombay racing

Overall Coordinator

Feb 2011Jul 2012 · 1 yr 5 mos

  • I worked with the team over 4 years at IIT Bombay across roles in engineering and management. In my final year I led the 60-member team to build an electric vehicle development arm. We developed India’s first student built electric race car and competed at Formula Student, a leading student motorsports event held at the Silverstone Formula 1 Circuit in the UK.
EngineeringProject Management

Education

Indian Institute of Technology, Bombay

Integrated B.Tech. & M.Tech. — Mechanical Engineering

Jan 2008Jan 2013

Kendriya Vidyalaya IIT Powai

Jan 2006Jan 2008

Hiranandani Foundation School, Powai

Jan 1994Jan 2006

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