Sumeet Rana

CEO

Gurgaon, Haryana, India15 yrs 11 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Proven track record in product management and strategy.
  • Led successful integrations with major financial institutions.
  • Expert in enhancing user engagement and transaction rates.
Stackforce AI infers this person is a Fintech Product Management expert with a strong focus on user engagement and transaction optimization.

Contact

Skills

Other Skills

Business StrategyCustomer RetentionManagementMarket ResearchMarketing StrategyMicrosoft OfficeProduct ManagementProject PlanningTeam Management

About

I am a quick learner, observer and doer. I love to explore new avenues and give a new dimension to my life. I look for opportunities where my talent gets respected and my abilities get polished. Doing all it takes to be the next big thing.

Experience

15 yrs 11 mos
Total Experience
1 yr 9 mos
Average Tenure
3 yrs 5 mos
Current Experience

Bharatpe

Vice President of Products

Dec 2022Present · 3 yrs 5 mos · Gurugram, Haryana, India

Ixigo

2 roles

VP - Product

Promoted

Jul 2021Dec 2022 · 1 yr 5 mos

AVP - Product

Nov 2018Jun 2021 · 2 yrs 7 mos

Mobikwik

Senior Product Manager

Jul 2017Nov 2018 · 1 yr 4 mos · Gurgaon, Haryana, India

Payu payments pvt. ltd.

3 roles

Senior Product Manager

Promoted

Apr 2016Jul 2017 · 1 yr 3 mos

  • ▪ Worked with the PayU CEO, laid end to end product roadmap, wireframe for the PayU credit card app and conducted user research to validate the features and design
  • ▪ Lead integration with the bank for PayU credit card with unique features that none of the Indian credit card offers

Product Manager

Apr 2015Mar 2016 · 11 mos

  • ▪ Accelerated repeat transaction rate from 12% to 43% of users making monthly bill payment using PayUmoney
  • ▪ Conceptualized and created a reminder framework which increased 11% of bill payment transactions organically
  • ▪ Reduced significant data transfer by app compared to other top recharge apps
  • ▪ Lead integration with 38 merchants including Delhi Metro, Reliance Energy, Tata Power Delhi, Adani, Matrix cellular
  • ▪ Reduced the go live time of a biller from 15 to 7 days

Associate Product Manager

Dec 2013Mar 2015 · 1 yr 3 mos

  • ▪ Introduced multi tender payment page which helped combine multiple payment option for the same payment
  • ▪ Automated the complete settlement process by reducing the ops time from 5 hrs to 30 mins
  • ▪ Created a communication framework which Increase the repeat rate of users by 6%

Www.holidayiq.com

Associate Product Manager

Feb 2013Dec 2013 · 10 mos · Bengaluru Area, India

  • o Streamlined & automated the complete business approval processes for HolidayIQ
  • o Conceptualized and implemented more than 20 different MIS for top management
  • o Productized auxiliary media campaigns and identified new sources of revenue
  • o Implemented a self-serve portal for mid level travel agents to sign up and manage their accounts
  • with HolidayIQ
  • o Product owner for HolidayIQ awards and recognition program for hotels
  • o Conceptualized and implemented tracking system for lead generation increasing the leads by 20%

Inkfruit.com

Assistant Product Manager

Jun 2012Feb 2013 · 8 mos · Mumbai Area, India

  • o Implemented ERP(Magento) in coherence with the engineering team by carrying out a range
  • of activities from requirement gathering to gap analysis to testing to user on boarding thus
  • bridging the gap between manual to automated inventory stocks update
  • o Successfully launched the RMA(Return Merchandise Authorization) application, thus
  • managing the delivered and the undelivered returns
  • o Automated the process of B2B sales return, avoiding error through manual inventory updates
  • o Carried out the data migration of the B2B sales orders from old to new platform
  • o Developed a Finance Module which could give the real time data of B2B sales and sales
  • return
  • o Trained the warehouse and merchandising team with the ERP and RMA module

Itc limited

Summer Intern

May 2011Jul 2011 · 2 mos · Munger Area, India

  • Energy Optimization Model
  • Design
  • o Designed interventions to improve efficiency of boilers by 3%, reduce operating cost of boiler, compressor and HVAC system
  • o Designed an automated process for feed water of the boiler, utilizing solar energy to save INR 0.5 Million annually
  • Optimization and Scenario generation
  • o Generated multiple scenarios for reduction of maintenance costs of compressors using efficiency and operating cost data for compressors used across multiple factories of ITC
  • o Optimum/Best case scenario generation – Replacement of compressors across 4 factories would result in reduction of
  • maintenance cost by 60% with a payback period of 3.5 years
  • Proposal was accepted by the management and interventions led to net annual savings of INR 3 Million; Awarded letter of recommendation for the project

Enelek power

Intern

Jan 2011Mar 2011 · 2 mos · Mumbai Area, India

  • Enelek is a startup providing solar power solutions; Market Research & Strategy Building
  • o Determined the market potential of the off-grid solar power generation using market research
  • o Performed SWOT analysis and developed a financial model incorporating the required parameters
  • o Along with the team of 5 strategized the marketing plan for solar water heater
  • The financial model and the sales plan is being used by the company for effective marketing

Mood indigo, iit bombay

Core Group Member, Mood Indigo'10

Mar 2010Mar 2011 · 1 yr · Mumbai Area, India

  • India's largest college cultural festival, organized by a team of 24 members with a budget of INR 17 Million witnessing a footfall of over 75,000 from more than 500 colleges across the nation)
  • o Led a 2-tier team of 65 volunteers to look after the logistics, infrastructure, planning and scheduling of 130 events
  • o The successful planning and execution of live streaming of all the events at 10 venues for the first time
  • o Managed a budget of INR 3.5 Million to hire Asia's best sound engineer, reduced costs by 20% through aggressive
  • negotiations on contracts
  • o Negotiated with over 30 corporate sponsors, IIT-B authorities, vendors/technicians and daily wage labourers to save cost

Hostel-2, iit-bombay

Hostel Sports Secretary

Mar 2009Mar 2010 · 1 yr

  • o Developed and executed the first ever online format to conduct Hostel Two Football League and supervised the website for registration, regular updates, statistics, schedule, contest etc.
  • o Revamped the hostel sports culture elevating its position to 4th in the Inter Hostel General Championship

Resonance eduventures pvt. ltd

Intern

Dec 2008Jul 2009 · 7 mos · Mumbai

  • o Led a team of 15 IIT undergraduates to help Resonance, Kota establish 9 centers across Mumbai
  • o Organised successful seminars across Mumbai in front of huge audience to promote Resonance
  • o Co-led the Business Development team that worked in collaboration with the Marketing team to devise marketing strategies
  • Record number of students registered to the institute in its very 1st year of foundation in Mumbai

Education

Indian Institute of Technology, Bombay

B-Tech — Chemical Engineering

Jan 2008Jan 2012

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