Sumeet Rana

CEO

Gurgaon, Haryana, India15 yrs 9 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

Bharatpe

Vice President of Products

Dec 2022Present · 3 yrs 3 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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