Ramesh Bafna

CEO

Bengaluru, Karnataka, India19 yrs experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Over 20 years of finance leadership experience.
  • Expert in financial strategy and technology-driven transformation.
  • Passionate about building high-performance teams.
Stackforce AI infers this person is a Finance Executive with expertise in high-growth technology and consumer internet sectors.

Contact

Skills

Core Skills

Financial StrategyGovernanceInvestment StrategyCrisis ManagementFinancial ManagementP&l ManagementMarketplace StrategySupply Chain ManagementRisk ManagementBusiness StrategyControllership

Other Skills

Business IntelligenceCash ManagementDebt StrategyDue DiligenceFinancial PlanningFundraisingIPO StrategyInternal AuditInventory PlanningOperations ManagementPortfolio ManagementPricing StrategyProduct ManagementStartup EvaluationStartup Investment

About

Ramesh Bafna is a seasoned finance and business leader with more than twenty years of experience scaling high-growth technology and consumer internet companies. A Chartered Accountant with deep expertise in financial strategy, controllership, governance, and technology-driven transformation, he is known for building resilient organizations that can operate at both speed and discipline. As the Chief Financial Officer of Zepto, Ramesh Bafna leads Finance, Legal & Compliance, Procurement, Ethics, and Investor Relations, steering the company through rapid expansion while strengthening governance, unit economics, capital strategy, and public-company readiness. His work spans fundraising, due diligence, debt strategy, and shaping the financial architecture for one of India’s fastest-growing consumer internet businesses. Earlier, he held senior leadership roles at Myntra and Flipkart where he managed multi-billion-dollar P&Ls across Fashion, Home, and Lifestyle, led marketplace turnaround mandates, and built advanced capabilities in inventory planning and business intelligence. His global experience at Wipro and Cisco across India, Singapore, Europe, Japan, and China further shaped his operating depth in pricing, FP&A, treasury, and large-scale regional strategy. Ramesh Bafna is equally recognized for his people philosophy. He is passionate about building high-performance teams and fostering a culture of growth through consistent learning, reflection, and structured knowledge-sharing. His #DreamTeam, #LearningSeries, and #TravelSeries narratives reflect his belief that strong teams are built not just on capability, but on curiosity, exposure, and shared experiences. As an active startup investor and Investment Committee member at JIIF, he partners with founders across consumer, logistics, AI, and agri-tech, supporting ventures that combine strong fundamentals with scalable innovation. Widely regarded for his disciplined execution, technology-first thinking, and team-centric leadership, Ramesh continues to shape Zepto’s journey as one of India’s most influential new-age companies.

Experience

Jito incubation & innovation foundation

2 roles

Investment Committee

Promoted

Oct 2024Present · 1 yr 5 mos

  • Investment committee member for Jito Angel Network (JAN) and Portfolio Committee member for existing investment.

Vice Chairman

Nov 2022Oct 2024 · 1 yr 11 mos

  • Honorary Vice Chairman for 2022-2024 for Shark Angels vertical as part of JIIF.

Zepto

Chief Financial Officer

May 2023Present · 2 yrs 10 mos

  • Building World Class Finance, Legal & Compliance, Procurement, Ethics and Investor Relationship.
  • Fund Raise, Due Diligence, Debt Raise.
Financial StrategyGovernanceFundraisingDue DiligenceDebt Strategy

Coinswitch

Chief Financial Officer

Jun 2022Apr 2023 · 10 mos · Bengaluru, Karnataka, India

Zilingo

Chief Financial Officer

Mar 2022May 2022 · 2 mos

  • "Expedited Learnings"
  • Leadership in crisis management
  • Fundraising, IPO & Board

Various startups

Investor

May 2021Present · 4 yrs 10 mos

  • Abhiyan Capital | Sep 2024 | Secured business loans
  • Blitz | Nov 2024 | Quick supply chain
  • RawRX | Jan 2025 | Helath Suppliments
  • GOAT Brand Labs | Jul 2024 | Tech driven platform to acquire & scale a portfolio of differentiated D2C brands in the lifestyle space.
  • Athlos Activewear | Jul 2023 | Thoughtfully Designed Athletic Apparel for The Trail, The City, And Everywhere In Between
  • Tryndbuy Fashion | Jun 2023 | allows online shoppers to combine different clothes and see them on their bodies.
  • HESA - AgriTech
  • Teamonk - Finest Natural Tea
  • Ishitva - Plastic Recycling using AI
  • Oorjaa - Intra-City logistics solutions provider
  • VsnapU - Platform for Photography services
  • White Inc - House of Digitally Native Brands
  • Fresh From Farm
  • Answer Genomics - DNA testing
  • Happy Nature - Premium Dairy and Breakfast Brand
  • Exits:
  • SkyFi - Hands-on online courses for kids (Age 8+) and engineering students. (Exit, MOIC 2.8x)
  • Yaary | Dec 2023 | ONDC led Mobility platform (Shut, MOIC at 0.48x) - business model disrupted by larger players.
  • Advisory
  • Ayesha Accessories (sold) | Mar 2022 - Mar 2024 |
  • Greendigo - organic, sustainable and ethical clothing |Jun 2023 - Present |
Investment StrategyStartup InvestmentPortfolio Management

Myntra

CFO & SVP (Finance, Inventory Planning & Business Intelligence)

Dec 2018Feb 2022 · 3 yrs 2 mos · Bangalore

  • I led multiple functions like Inventory Planning & Selection (Backbone of Fashion platform) and Business Intelligence Function (Brains of the company) in addition to Finance function.
  • Experience: Turnaround and more... Led the most loved Fashion e-Commerce company in India.
  • Learning and having Fun every day !!
Crisis ManagementFundraisingIPO Strategy

Flipkart

3 roles

Senior Director, Head of Finance - Fashion, Home & Furniture and Books & General Merchandise

Jul 2017Dec 2018 · 1 yr 5 mos

  • P&L responsibility for Fashion, Home, Furniture, Books & General Merchandise BUs.
Inventory PlanningBusiness IntelligenceFinancial Management

Director, Head of Finance - Fashion, Marketplace & Retail Product

Promoted

Jan 2016Jun 2017 · 1 yr 5 mos

  • core member to lead the turnaround of the Marketplace business both in terms of profitability and growth !
  • P&L ownership of Fashion Business Unit.
  • Marketplace - Product, Business & Marketing. Led the turnaround of Marketplace business.
  • Retail - Product, Operations, Pricing & Promotion, Inventory Planning & Catalog.
P&L ManagementMarketplace Strategy

Associate Director, Various Roles (Large Supply Chain, FP&A, Marketplace & Electronics BU)

Nov 2014Dec 2015 · 1 yr 1 mo

  • Large Supply Chain (Nov14-Jan15)
  • End to End Strategy of Large Appliances business & supply chain model.
  • Network planning for last mile hubs & warehouses - derive optimal size, number of hubs & location of hubs by integrating demand supply outlook.
  • Developed business driver based finance scorecard & drive cost consciousness & optimization.
  • Biz cases for Inhouse vs. Outsource, Capex vs. Opex, Productivity.
  • Developed simulator incorporating all business variables to arrive at cost per shipment - this helped sensitivity analysis and shape business strategy.
  • FP&A (Feb15-Jul15)
  • Built FP&A function for Commerce Platform of Flipkart
  • Marketplace & Electronics BU (Aug15-Dec15)
Marketplace StrategyProduct ManagementOperations Management

Cisco

Sales Finance

May 2014Nov 2014 · 6 mos · Bangalore Area, India

Supply Chain ManagementFinancial Planning

Wipro

3 roles

Head of Middle Office, Corporate Treasury

Feb 2013May 2014 · 1 yr 3 mos

  • Governance of Forex & Investment risk policy
  • Determine Foreign currencies exposure, analyze Value at Risk (VaR), forecast margin impact & report to top management.
  • Manage Free Cash outside India - optimal balance between working capital requirement and investments yield.
  • Work with Banks to make banking operations more efficient for the business - Payments, Collections, Compliance etc. to ensure efficient working capital Cycle and optimization.
  • Insurance - Property, Marine & Trade Credit Insurance.

Business Finance Head - APJC, France & Germany

Jun 2008Feb 2013 · 4 yrs 8 mos

  • Business Strategy - Country, GTM & make them in AOP, set targets for sales force, report & forecast performance.
  • Responsible to deliver Order Booking, Revenue & Profitability targets. Region grew from $15 Mn p.a. revenue to $ 500 p.a. in 5 years.
  • Develop Pricing models, Country Price books, Cost structures.
  • Negotiate large, multi year, complex commercials & led contract negotiations.
  • Manage & profitably operate Strategic Development Centers in Japan & China - Turnaround the loss making centers in China into profit with cost reduction & increasing billable opportunities.
  • Managed Opex within AOP
  • Drive Profitability in the region
Risk ManagementCash Management

Various Roles - Internal Audit, Controllership and FP&A

Sep 2003Jun 2008 · 4 yrs 9 mos

  • 2003: Industrial Trainee: Corporate Internal Audit (Operations Review, Development Center review & Cost Management)
  • 2004: Controllership: Establish FP&A team within a shared services centre. This shared service centre processed 13 million transactions in a year & has also won IQPC award for Best Mature Shared Services category in 2006-07 during my stint & FP&A team had contributed to its success.
  • 2006: FP&A: Redesigned Sales Incentive system of 1000 strong sales force through Automation, Analytics, Insights & optimization.
Business StrategyPricing Strategy

Kumbhat & co.

CA Article Trainee

Apr 2002Aug 2003 · 1 yr 4 mos

  • Tax Planning, Tax Audits & Annual IT returns
Internal AuditControllershipFinancial Planning

Education

The Institute of Chartered Accountants of India

CA — Accounting and Finance

Jan 2000Jan 2004

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