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Kunal Rai

Product Manager

Bengaluru, Karnataka, India7 yrs 3 mos experience
Most Likely To Switch

Key Highlights

  • Revamped onboarding flow leading to 12% user growth.
  • Led initiatives reducing operational costs significantly.
  • Achieved 250% growth in user acquisition at INDmoney.
Stackforce AI infers this person is a Product Manager in Fintech and E-commerce, specializing in user experience and operational efficiency.

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Skills

Core Skills

Product ManagementSupply Chain Management

Other Skills

Digital Image ProcessingMicrosoft ExcelMicrosoft OfficeResearchWarehouse Management Systems

About

Kunal is currently working for CRED as a Product Manager. His previous roles include Flipkart as a PM2 - Post order fulfillment, INDmoney as a Product Manager - Onboarding & KYC, Yes Bank as a Product Manager - Digital Transformation. Skilled in scaling and building mobile and web products, Creating User Experiences, Optimizing Conversions, Wireframing, Product Roadmap, Sprint Planning, Business Strategy, Stakeholder Management and Data Analytics (SQL, Hadoop, Impala, Python). He holds his MBA (International Business) from the Indian Institute of Foreign Trade. He was also a member of the Corporate Relations and Placements Committee at IIFT for the batch of 2017-19. Prior to his MBA, he has 10 months of work experience in Intellect Design Arena Limited, Chennai as a Consultant in their Global Consumer Business (iGCB) department. He has managed critical application developments for top BFSI clients across the globe. An engineering graduate from National Institute of Technology Srinagar, he also completed CFA-Level 1 with his MBA. He was actively involved in co-curricular activities in his college and school and has achievements in national level debates, extempores, quizzes and olympiads. He is an avid cricket fan, a fond believer of test cricket. He also likes poetry and occasionally travels to poetry recitations. He has lived in Delhi, Chennai, Srinagar, Bangalore, Kolkata and Mumbai and likes to explore new places.

Experience

Cred

Product

Apr 2024Present · 1 yr 11 mos · Bengaluru, Karnataka, India · On-site

  • Placeholder until there is something noteworthy here :)

Flipkart

2 roles

Product Manager II

Feb 2024Apr 2024 · 2 mos · Bengaluru, Karnataka, India

  • - Co-created dark store experiences for Flipkart's foray into quick-commerce to ensure best-in-class dark store processing TATs while factoring in complexities from the other supply chains (non-large, grocery, F&V, etc.)

Product Manager

Mar 2022Feb 2024 · 1 yr 11 mos · Bengaluru, Karnataka, India

  • Led the Customer Outbound product for Flipkart - essentially responsible for planning,
  • picking, packing, invoicing and dispatch of 50 Cr+ outbound shipments from warehouse
  • Conceptualised the monetisation initiative at Flipkart to add bottomline goodness of over
  • 36 Cr via physical freebies and sampling with existing shipments
  • Leading the Gamification initiative at Flipkart supply chain - a product led initiative to drive
  • productivity and breach reduction by gamifying the processes and driving engagement
  • Worked on critical hygiene improvements on the outbound side leading to breach reduction
  • and RBND metric reduction from 1.5L+ to 2K over one-week rolling
Warehouse Management SystemsSupply Chain ManagementProduct Management

Indmoney

Product Manager

Jul 2021Mar 2022 · 8 mos · Gurugram, Haryana, India

  • Revamped the complete user onboarding flow, key OKR of users reaching dashboard improved by 12%. Improved communication throughout the onboarding with social and trust validations, leading to 15% more users fetching credit reports and providing consents to read their Gmail – thus leading to better analytics and advisory
  • Critical third-party integrations to make the KYC flow intelligent, automated and seamless - resulting in nearly 4X jump in the funnel conversions in less than 3 months – solving the most complex KYC problem of India across Bank Savings Account, NBFC FDs, Mutual Funds, US Stocks & Crypto
  • Launched all-in-one account opening for Savings Account + US Stocks + Mutual Funds - industry’s first implementation of a KYC journey across such varied products - this led to 5 Lakh+ Full-KYC Savings Accounts opened in less than 3 months - the fastest neobank to do so
  • Ensured investment readiness benchmark for users even with soaring new user acquisition (250% growth Q-o-Q). Conceptualised an auto-approval engine for MF fresh KYC cases leading to 95%+ cases being approved without any operations involvement (from 0% in 2 months time)
  • Launched the end-to-end CKYC stack at INDmoney - Search, Download and Upload - enabling us to utilise CKYC records as well as create CKYC records in our capacity of a SEBI-regulated RIA

Yes bank

3 roles

Senior Product Manager

Apr 2021Jul 2021 · 3 mos · Mumbai, Maharashtra, India

Product Manager

May 2019Mar 2021 · 1 yr 10 mos · Mumbai, Maharashtra, India

  • Part of the Liability Products Management setup creating best-in-class experiences for end-users with a clear focus on simplification of complicated user journeys. Only Product Manager in LPM to be rated '1-Exceeds Expectations' in both appraisal cycles at YES Bank. Roles included -
  • PM - Digital Transformation
  • Conceptualised the Onboarding and KYC journey for Iris by Yes - the bank's lifestyle banking experience with a vision to create a one-stop solution for all financial needs
  • Industry-first profile creation approach to user onboarding for Savings+Credit Cards+Investments in a single journey, worked on incremental improvements to reduce funnel drops
  • Worked on platform-level projects such as widgetisation, theme-supports, vernacular-language support, etc.
  • Slashed CAC through alliances by 90%, drop-offs by 80% by employing critical journey enhancements
  • PM for individual remittances (inward and LRS)
  • Worked on streamlining processes to ensure leakages and TATs for credit were brought down by 25%
  • Initiated a campaign calendar with analytics on which purpose people remit abroad for leading to 150% Q-o-Q growth in volumes
  • Conceptualised on-ground training content over internal apps for non-direct sales channel
  • PM - SME Portfolio and Analytics
  • Created intricate propensity models for channel activation and reactivation, wallet-based CA modelling leading to 20% increase in cross-sell and YoY acquisition by 20%

Summer Intern

Apr 2018May 2018 · 1 mo · Mumbai Area, India

  • A part of Yes Bank’s flagship Y-EPEP Summer Internship Program. Interned in the Global Indian Banking (GIB) Department under the guidance of Mr. Amresh Acharya, Group President and Head - GIB. Offered a Pre-Placement Offer (PPO) for an exemplary performance during the summer internship.
  • Primary research with representative offices, customers and partners across the segment
  • Provided critical insights into market composition, distribution channels & consumer perception
  • Recommended promotional strategies and organizational modifications to improve sales potential
  • Devised a phased strategic roadmap on customer acquisition and retention through digital channels
  • Devised gaps in the product portfolio through a thorough competitive benchmarking

Intellect design arena ltd

Product Engineer

Jul 2016May 2017 · 10 mos · Chennai Area, India

  • Technology Consultant working for application development for the Banking, Financial Services and Insurance Industry.
  • Developed mobile banking applications and products (iOS/Android) for a major client in the UAE.

Indian institute of science (iisc)

Project Research Intern

Dec 2014Feb 2015 · 2 mos · Bangalore, India

  • Worked under Dr. S. N. Omkar (Chief Research Scientist, Aerospace Engineering Department, Indian Institute of Science, Bangalore) and Dr. J Senthilnath on "Automatic Image Registration and Fusion for high-resolution multi-sensor satellite imagery". Published in Springer Publications at https://link.springer.com/article/10.1007/s12524-016-0576-3

Education

Indian Institute of Foreign Trade

MBA (International Business)

Jan 2017Jan 2019

National Institute of Technology Srinagar

Bachelor's Degree — Electronics and Communication Engineering

Jan 2012Jan 2016

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