Ajit Narayanan

CEO

Bengaluru, Karnataka, India26 yrs 2 mos experience
Highly StableAI ML Practitioner

Key Highlights

  • Built $200M business in digital health.
  • Launched world's first AI-designed fashion brand.
  • Scaled tech organizations from 10 to 400+ globally.
Stackforce AI infers this person is a technology executive specializing in AI-driven product innovation across healthcare and e-commerce sectors.

Contact

Skills

Core Skills

Product ManagementTechnology StrategyAiCustomer ExperienceE-commerceCloud ComputingSoftware DevelopmentProject Management

Other Skills

API ManagementAgile MethodologiesAnalyticsArtificial IntelligenceBig DataBudget ManagementCloud ApplicationsCross-functional Team LeadershipCybersecurityData AnalysisData CenterData EngineeringData ScienceDistributed SystemsEclipse

About

I am a product & business builder, I create business outcomes with out of the box product ideas , built AI systems long before AI was cool. Tinkering with Technology since I was 12 years old. CPO/CTO with 25+ years of experience scaling consumer and enterprise tech businesses from seed stage to unicorn and beyond. Partner to founders, CEOs, and boards in defining and executing high-impact product and technology strategies that unlock revenue growth, margin expansion, and operational scalability. Proven track record of building and leading high-performing global orgs (10 to 400+) across Engineering, Product, Analytics, and Data Science. Expert at navigating 0→1 and scale-up phases, with deep domain knowledge across e-commerce, healthtech, LLMs, Agentic Systems, Gen AI , AI/ML platforms, and supply chain automation. Known for translating business ambition into technical innovation, including AI-first operating models. Passionate about building durable tech moats and customer-first cultures that win in today's dynamic markets with small and hyper-efficient teams. EXECUTIVE HIGHLIGHTS Built $200M business at MFine by building a mobile-first, AI-powered digital health platform with integrated diagnostics, consultation, and e-commerce — from inception to Series C and eventual merger. Scaled Licious by leading a multi-year tech transformation across fresh supply chain, planning, last mile , Cx, personalised consumer experiences and Loyalty programs to reduced inventory wastage to <3%, drive a topline growth ~15%YoY , 300% reduction in downtimes. Powered $1B+ GMV at Myntra by launching industry-first innovations like AI-led automated fashion design (Moda Rapido), dynamic pricing engines, and real-time personalization — resulting in the highest sell-through rates on the platform. Built & Led Tech Orgs of 400+ Globally, with full responsibility for engineering, product, design, analytics, Data science and IT. Known for creating high-trust, high-performance cultures aligned to aggressive OKRs. Transformed Legacy Infra into AI-First Platforms across multiple domains (healthcare, fashion, fresh food logistics), delivering business-wide agility and innovation velocity. Strategic Partner to Investors & Boards, having raised capital across 4+ rounds, led cross-functional business reviews, and represented tech/product vision in investor discussions. Multiple Patents & Published Research in AI, mobile computing, and enterprise software — demonstrating deep technical breadth with commercial relevance.

Experience

Licious

Chief Product & Technology Officer

Oct 2022May 2025 · 2 yrs 7 mos · Bengaluru, Karnataka, India

  • Architected a large scale tech transformation: Modernized key Licious’ legacy stack into an event-driven, cloud-native architecture powering scalable, data-driven operations across consumer app, marketing/growth, manufacturing, logistics, and last-mile delivery products and systems
  • Drove 15% YoY growth with <2% wastage & loyalty-led retention: Shipped several product led revenue levers in discovery, search, payments. Drove AI-driven inventory planning and demand-shaping systems that reduced spoilage and expanded contribution margins. Launching a personalized loyalty program that accelerated order frequency and improved LTV.
  • Consumer experience & NPS: Overhauled customer journeys — Personalized app flows, intelligent post-purchase engagement, and automated service recovery — delivering a step-change in NPS and CSAT. Piloted usage of Agentic Systems using LLMs for Customer Support quality assessment and customer service.
  • Quick Commerce backbone: Enabled 30-minute delivery for fresh meat & seafood, positioning Licious as a differentiated fresh food quick commerce player. Currenly scaling across India.
  • Automated dark store & fulfillment ops: Launched AI-led systems for demand prediction, smart inventory allocation, and pick-pack-ship automation, reducing ops cost and improving fulfillment speed.
  • Smart inventory rebalancing & vending solutions: Rolled out tech-driven rebalancing. Piloted automated dispensing models for use in dark stores, ensuring freshness, availability, and scale efficiency.
  • Repositioned Licious as a technology-first brand: Shifted the company narrative from meat delivery to platform-led innovation in fresh food logistics and consumer loyalty.
  • Led & scaled a 180-member org across Product, Engineering, Design & IT, embedding a consumer-first, quick commerce DNA throughout the business.
Technology LeadershipProduct DevelopmentCloud ComputingData ScienceE-commerceAI+2

Mfine

Chief Product & Technology Officer (CTO) & Founding Member

Jul 2017Oct 2022 · 5 yrs 3 mos · Bengaluru Area, India

  • Scaled MFine from seed to $200M business, serving 7M+ consumers with a 4.6+ rated app and 4.8 CSAT.
  • Defined and executed product strategy end-to-end — from real-time doctor consultations to diagnostics, remote monitoring, and medical e-commerce — building one of India’s most comprehensive digital health platforms.
  • Created India’s first AI-powered virtual doctor with triage, diagnosis, and care workflows — a category-defining product that reshaped primary care access. We built agentic Systems before it was in vogue. Learning systems with Human in Loop was bread and butter for us.
  • Pioneered smartphone-based diagnostics (SpO2, heart rate, BP, glucose) — extending healthcare delivery beyond clinics into consumers’ hands. Deep ML models , Data pipelines for training data capture.
  • Built & scaled a 150+ member full-stack org across Engineering, Product, Design, and Data Science, driving culture, architecture, and execution.
  • Shaped industry narrative on AI in healthcare as a thought leader and conference speaker; drove IP creation with patents in AI-powered diagnosis.
  • Drove investor engagement and growth strategy, aligning product innovation with business milestones across multiple funding rounds.
Artificial IntelligenceProduct DevelopmentData ScienceE-commerceMachine LearningProduct Management+1

Myntra

2 roles

Chief Technology Officer (CTO) - Myntra

Promoted

Sep 2016Jul 2017 · 10 mos

  • Scaled commerce systems 25x for billion-dollar GMV events: Re-architected platforms to seamlessly handle peak spikes during flagship sales (e.g., End of Reason Sale), ensuring performance, resilience, and customer delight at scale.
  • Launched Moda Rapido – world’s first AI-designed fashion brand: Conceived and delivered a machine-learning powered private label that became Myntra’s highest-selling brand, setting a global benchmark for tech-led product innovation in fashion.
  • Built ML-driven pricing & forecasting platforms: Designed and launched engines for dynamic pricing and demand prediction, directly improving margins and conversion at scale.
  • Drove the App-Only strategy: Transitioned Myntra into a mobile-first commerce company, launching 4.5+ rated iOS & Android apps with personalized search, content, and shopping experiences.
  • Monetized personalization at scale: Created new ad-tech and monetization platforms leveraging real-time user signals, opening new revenue streams for the business.
  • Scaled & transformed org to 420+ people: Built and led global teams across Engineering, Product, Data Science, Analytics, and Infrastructure; drove agile transformation and culture of delivery excellence.
  • Shaped industry conversation on AI + CX in commerce: Represented Myntra at national and international forums, showcasing how product-led innovation transforms consumer experience.
  • At Myntra, I combined deep product thinking with tech execution, creating category-defining consumer experiences, monetization levers, and AI-first innovations.
Technology LeadershipProduct DevelopmentE-commerceMachine LearningData ScienceProduct Management+1

Senior Vice President - Product & Engineering : Storefront

Apr 2015Sep 2016 · 1 yr 5 mos

  • Built & Led 150 member strong team responsible for all of Myntra's store experiences + Mobile apps + Systems Engineering
  • Delivered:
  • Myntra's app only strategy and move
  • Top performing and rated mobile apps on Playstore and Appstore with 6M MAU
  • 25X Scale for all online sale events
  • Search Platforms
  • Payment Platform
  • Fashion Feed
Product DevelopmentE-commerceMobile ApplicationsSystems EngineeringProduct Management

Sap labs

7 roles

Vice President - Product and Engineering ( HANA cloud Integration & SAP API Management )

Feb 2012Apr 2015 · 3 yrs 2 mos · Bangalore

  • Led the Product Management and Product engineering of HANA Cloud integration's Content Management system & SAP API Management.
Product ManagementCloud ComputingAPI Management

Vice President : Product & Engineering ( Mobile Platforms )

Promoted

May 2010Jun 2011 · 1 yr 1 mo

  • As Head of Engineering and product definition of SAP's mobile platform group, I was responsible for the development and delivery of the mobile middleware called the data orchestration engine & client libraries. The mobile platform was part of the SAP Netweaver suite of products. As a part of the Mobile leadership team, I was also responsible to transition the development units into Sybase after SAP's acquisition of Sybase. I also helped define SAP mobile platform 1.0 and the Sybase SUP Lite , a light weight proxy mobile middleware for device onboarding, notifications and security.
Product ManagementSoftware Development

Head Delivery Manager - SAP NetWeaver Composition Environment

Promoted

Apr 2009May 2010 · 1 yr 1 mo

  • SAP NetWeaver Composition Environment, provides a toolset and runtime for developing, running, and efficiently managing composite applications based on SOA principles. It builds upon proven open technologies that have been enhanced and integrated to provide greater functionality and flexibility to run enterprise business processes. As a head delivery manager R&D, I was responsible for managing the product development and delivery across multiple development locations.
  • Successfully delivered the product in December 2009 : Overall business impact > $20M
  • Responsible for the cross location , 200 People program from the R&D Wing with over 6 internal programs from planning, definition, design ,execution, risk management and release to customer
  • Led overall planning & management of several key components like the NW Business Process Management(BPM), Business Rules Management
  • Oversaw the Rampup process of the 7.1.1 release & aided several go-lives for customers
  • Worked & co-innovated with several solution managers, ramp-up leads to define product strategy & priorities
  • Helped build a steady growing customer base by identifying and addressing key issues in the product and for customers
  • Defined and drove several improvement processes & best practices in quality engineering and project management
Project ManagementSoftware Development

Delivery Manager - SAP NetWeaver Developer Studio

Promoted

Jun 2008Apr 2009 · 10 mos

  • The NetWeaver Developer Studio forms the fundamental design time tool for process developers using NetWeaver Composition Environment to develop or enhance business processes. Built on industry standards, the studio offers several model driven application development tools for User Interface, Business Processes and Service development.
  • As a Delivery Manager for the developer studio, I was heading the product definition, design , development and rollout of the product component.
Software DevelopmentProject Management

Development Manager

Promoted

Feb 2005Jun 2008 · 3 yrs 4 mos

  • Headed the development of User Interface modeling technologies at SAP Labs. Designed and delivered Model driven application development tools in eclipse and the web.
  • Filed several patents in the area of modeling.
Software Development

Development Lead

Promoted

Jan 2003Jun 2005 · 2 yrs 5 mos

Software Engineer

Dec 2000Jan 2003 · 2 yrs 1 mo

Schneider electric

Head of Technology Innovation - India

Apr 2011Feb 2012 · 10 mos

  • Schneider Electric specializes in electricity distribution, automation management and produces installation components for energy management.
  • As a part of the corporate strategy group, I was responsible for defining a strategy & direction for an Energy Efficiency software platform for Schneider electric giving the company an entry as a Level 3 software and solutions player in the ISA-95 standard. The solution relies heavily on Complex event processing, Big data, data warehousing and mining components. The reference architecture formed the basis of the energy efficiency software to be used across 3 of the 5 business units ( Power, Industry and Buildings of Schneider Electric )
  • Worked with CTOs of the businesses to drive the strategy and execution of the software.
Technology StrategySoftware Development

Anz it

Software Engineer

Mar 1999Dec 2000 · 1 yr 9 mos

Education

Bangalore University

Bachelor of Engineering (B.E.)

Jan 1994Jan 1998

Kendriya Vidyalaya

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