Rritesh Ved

Founder

Hyderabad, Telangana, India21 yrs experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Founded and led a robotics and automation company.
  • Achieved significant market share growth in one year.
  • Collaborated with top global brands for innovative solutions.
Stackforce AI infers this person is a leader in Robotics and Automation with a strong focus on B2B solutions.

Contact

Skills

Core Skills

Business StrategyProject ManagementQuality Assurance

Other Skills

Account ManagementAccountingAdvertisingAnalytical SkillsAuditingBusiness AnalysisBusiness DevelopmentBusiness UnderstandingBusiness-to-Business (B2B)CanvaCollaborative LeadershipCommunicationCommunity EmpowermentContinuous ImprovementCorporate Advisory

About

I am a passionate, serial entrepreneur and problem-solver with over a decade of experience in driving innovation, building businesses, and delivering impactful solutions across diverse industries. As the Founder and CEO of Prospero Dynamics, I have been at the forefront of revolutionizing robotics and automation, enabling businesses to enhance efficiency, improve customer experiences, and unlock new growth opportunities. Expertise and Skills: - Robotics & AI: Designing and implementing intelligent robots that bridge the gap between technology and human interaction. - Innovation & Business Strategy: Identifying market needs and creating tailored solutions that address challenges across various industries, from hospitality and education to healthcare and events. - Project Management: Leading multi-functional teams to deliver complex, high-value projects under tight deadlines with a focus on quality and impact. - Client Relations: Building strong relationships with Fortune 500 companies, startups, and event management teams to deliver bespoke, results-driven solutions. Achievements: - Successfully collaborated with top global brands like Infosys, JSW, and DBS Bank to implement innovative robotic solutions. - Showcased robots at prestigious events, including a national event attended by India’s Honorable Prime Minister Shri Narendra Modi. - Expanded Prospero Dynamics’ footprint by delivering over 100+ projects, working with event companies and Fortune 500 clients. - Transitioned from a small co-working space to establishing a state-of-the-art office with an experience center for robotics. - Secured first-round investment from AIC ISB, marking a significant milestone in the company’s growth journey. Problem-Solving Approach: I believe in turning challenges into opportunities. Whether it’s creating robots that enhance visitor experiences, solving operational inefficiencies, or introducing innovative solutions to unexplored markets, I approach every problem with curiosity, creativity, and a determination to deliver results that matter. Let’s connect to explore how technology and innovation can drive success together.

Experience

Prospero dynamics pvt ltd

2 roles

Founder and CEO

Sep 2023Present · 2 yrs 6 mos · Hyderabad, Telangana, India

Investment BankingBusiness UnderstandingFood and Beverage OperationsSales ProcessesPresentationsCorporate Advisory+8

CEO and Founder

May 2022Dec 2023 · 1 yr 7 mos · Hyderabad, Telangana, India

  • Collaborated with top robotic companies from the US, China, Japan, and Israel to establish partnerships, expand market presence and build a network of strategic partners and resellers, increasing sales volume and market penetration by 40%.
  • Achieved a 50% increase in market share within the first year by spearheading market expansion efforts, establishing the company name, and importing state-of-the-art technology. Additionally, streamlined import logistics processes saved $5,000 annually in transportation costs and reduced shipment lead times by 25%.
  • Devised and implemented innovative strategies for incorporating robots into large-scale events, including the G20 Summit in Bangalore & Hyderabad, boosting attendee engagement and overall event satisfaction by 30%.
  • Developed and executed a cutting-edge concept that featured a robot escorting the Prime Minister and providing an autonomous tour of the event, resulting in widespread media coverage and increased public interest in the event.
  • Fostered strong partnerships with top-tier companies, including TECH MAHINDRA, GMR AIRPORTS, GMR INNOVEX, WESTIN HOTELS, ITC KOHENUR, TAJ HOTELS, DNA EVENTS (PRO KABBADI LEAGUE), GLOBAL DATA, T-HUB, HEXAGON, DELOITTE, INORBIT SHOPPING MALL and many more, accelerating revenue by 25% and increase in repeat business.
Business-to-Business (B2B)Business StrategySales ManagementMarketingAccountingCommunity Empowerment+35

Wheeled ventures pvt ltd

CEO

Mar 2016Sep 2024 · 8 yrs 6 mos · Hyderabad Area, India

  • Wheeled Ventures Pvt Ltd is started under the dynamic leadership of Ritesh Ved. 10 years of dedicated hard work and rigorous research motivates us to bring and cater quality products from throughout the world. Accessories, parts and spares for great bikes and by great companies. We keep things that matter the most. Things that add value to the bike and things that increase the value for bike
  • Our Mission
  • Since we belive in quality and innovative products, our mission is to import gear,accessories and gadgets from the best quality manufacturers. We are proud to be associated brands multiple international brands who are world reknown for the quality.
  • Our Vision
  • Wheeled Venture vision's to cater the motorcycle riders and motorcycle industry at the mass extent by providing the following
  • We aim to bring/ import accessories, apparels, spares and gadgets of top notch international brands under it's head, prviding a one stop solution for re-sellers and brands
  • Improving and extending our distribution channel across the country and providng maximum benfits to retailers.
  • Providing the best B2B solutions to re-sellers and contributing towards the growth of motorcycle industry.
Business-to-Business (B2B)Business StrategySales ManagementMarketingAccountingCommunity Empowerment+40

Zeus motorcycle gear

2 roles

Chief Executive Officer

Jan 2012Sep 2024 · 12 yrs 8 mos

  • Launched the Zeus brand from scratch, achieving a 50% increase in brand recognition and a 30% increase in sales within the first year.
  • Conducted extensive market research and analysis to identify top manufacturers overseas, resulting in a shortlist of five potential partners with proven expertise in the production of riding gear.
  • Conducted a market analysis and identified a gap in the riding and safety apparel market, leading to the development of a new product line.
  • Collaborated closely with John Abraham, Aamir Khan, Ajith Kumar, and Boney Kapoor Productions Team, achieving a 100% satisfaction rate among these key stakeholders.
  • Spearheaded business launch with 3 initial SKUs and expanded the product portfolio to over 300 SKUs within two years.
  • Spearheaded a dealer acquisition strategy that successfully added over 50 dealers across the country within 18 months, increasing market penetration by 17% and an 8% growth in overall revenue.
  • Spearheaded brand growth by adding over 50 dealers nationwide, increasing market reach and customer base.
  • Achieved a significant sales increase, taking the annual revenue from 6 lakhs to 2 crores through effective sales strategies and customer engagement.
  • Led a team of 18 employees and 50 business accounts, driving collaboration and productivity to achieve company goals.
  • Introduced products on top Markets Places including AMAZON, FLIPKART, and EBAY to expand sales reach, accelerating business by 10X.
  • Established strategic OEM partnerships with six major motorcycle companies, including Royal Enfield, Suzuki, Yamaha, Bajaj, Benelli, and Harley Davidson.
  • Successfully introduced our brand to Tollywood and Bollywood domains, maximizing brand awareness by 50% within the first year of operations.
Business-to-Business (B2B)Business StrategySales ManagementMarketingAccountingCommunity Empowerment+37

Founder

Mar 2010Present · 16 yrs

  • Who we are:
  • We are one of the leading Indian manufacturers, importers and exporters of premium motorcycle safety apparel and riding gear. Zeus is dedicated to producing the most effective safety apparels and solutions in the motorcycle sports arena. Like all our innovations, they’ve been developed in close collaboration with their pioneering users, designed around their needs to fully support their achievements. Or – to put it another way – they are inspired by humans.
  • LEADERSHIP
  • At Zeus, we are focused on ceaselessly improving safety, performance and comfort. For the thrill of winning, but also for the joy of riding. Which is why one innovation has followed another throughout our history. Built on passion, teamwork and a determination not only to achieve outstanding performance but to make it truly competitive and accessible ,so that it is widely used. Raising performance standards and saving lives. We believe in leading where others follow.
  • Zeus is proud of manufacturing all it's products in-house and not dependent on anyone for it's wide variety of products.
  • TRUSTWORTHINESS
  • Zeus and Team has always been driven by the passion that true bikers share. We are committed to and have a unique record for style and safety. We are proud of our reputation and credibility. And because we live our products alongside our customers and champions, we engage with them openly and honestly to continually push the performance envelope.
  • STYLE
Business-to-Business (B2B)Business StrategySales ManagementInvestment BankingMarketingAccounting+40

Deloitte

Quality Assurance Quality Control

Sep 2010Sep 2013 · 3 yrs · India · On-site

  • Conducted internal audit of Directors and Partners of Deloitte at the global level, identifying 23 areas for improvement in managing financial risk.
  • Performed thorough audits of partners’ and principals' accounts, ensuring compliance with stockholding regulations, and identifying and resolving conflicts of interest, resulting in a 95% overall compliance rate.
  • Successfully managed the full accounting cycle, from journal entries to financial statement preparation, achieving a 100% accuracy rate and timely delivery of financial reports.
  • Collaborated with legal and compliance teams to interpret and apply regulations, resulting in a 100% compliance rate with regulatory requirements.
  • Analyzed and identified bottlenecks in the internal accounting department, implementing process improvements and reducing backlogs by 50%.
  • Facilitated communication among cross-functional teams, ensuring effective collaboration and timely resolution of issues, boosting in project efficiency by 20%.
  • Utilized analytical skills to interpret financial data and provide actionable insights to leadership, enhancing financial decision-making by 25%.
  • Authored papers on industry trends and best practices, providing stakeholders with valuable insights and contributing to industry knowledge and thought leadership.
  • Conducted self-directed research and reviewed industry articles and conference papers to stay current with emerging trends, accelerating knowledge of industry innovations by 30% & enhancing the ability to anticipate market shifts.
  • Collaborated with a diverse team of colleagues to achieve goals and address product and service-related issues, resulting in a 25% improvement in team cohesion and productivity.
  • Evaluated content creation and market relevance, resulting in a 15% boost in content effectiveness and relevance.
Business-to-Business (B2B)Business StrategySales ManagementMarketingAccountingCommunity Empowerment+40

Ubs

Transition Specialist

Apr 2008Aug 2010 · 2 yrs 4 mos · India, London · Hybrid

  • Led the successful transition of processes from overseas to a local base, reducing production costs by 30% and a 25% increase in overall efficiency.
  • Oversaw the seamless deployment of as-is and to-be process strategies from Singapore, Zurich, and London to India, enhancing the process efficiency by 40% and a 20% increase in cost savings.
  • Evaluated skills, staff, and sourcing requirements to optimize operations, reducing hiring costs by 25% and improving process efficiency by 30%.
  • Conducted one-on-one meetings with experts and process owners to identify gaps, resulting in a 15% increase in process efficiency and a 20% improvement in team communication and collaboration.
  • Collaborated with cross-functional teams to define product features and develop user-friendly workflow tools, resulting in a 25% increase in customer satisfaction and a 20% improvement in product adoption rates.
  • Implemented flowcharts, fishbone analyses, and case studies to establish a robust process, reducing errors by 35% and increasing process efficiency by 30%.
  • Monitored process performance for smooth operations, successfully transitioning out to work on new initiatives, leading to a 20% increase in project throughput and a 15% reduction in project turnaround time.
Investment BankingBusiness UnderstandingCreative Problem SolvingStrategic CommunicationsCommunicationLeadership Development+3

Ivy

Quality Assurance Quality Control

Jan 2005Jan 2008 · 3 yrs · On-site

  • Established and implemented processes and standards as an initial resource for the business teams.
  • Utilized Business Process Management Systems and Six Sigma methodologies to improve business management processes.
Analytical SkillsInvestment BankingLeadershipBusiness UnderstandingQuality AssuranceQuality Management+6

Education

University of Technology Sydney

Diploma of Education — Operations Management and Supervision

Jan 2003Jan 2005

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