Avinash Polepally

CEO

Bengaluru, Karnataka, India16 yrs 6 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Scaled Cleartax from 1 to 10 journey successfully.
  • Launched crypto compliance SaaS for B2C and B2B.
  • Led Practo's entry into Brazil, achieving $1M ARR.
Stackforce AI infers this person is a Fintech and SaaS expert with strong product management and business development skills.

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Skills

Core Skills

Product ManagementBusiness StrategyFundraisingBusiness DevelopmentCategory ManagementAnalytics

Other Skills

Agile MethodologiesBrand ManagementBudget ManagementConsumer BehaviourE-commerceEconomic ModelingEconomicsEnterprise Technology SalesFinancial ModelingGo-to-market StrategyLead ManagementManagement ConsultingMarketing StrategyOperations ManagementP&L Management

About

In last ~5yrs, I have been scaling Cleartax consumer business in their 1 to 10 journey & made it EBIDTA +ve. Conceptualized and launched โ€œBlackโ€ app to foray into personal finance (beyond taxes) with companyโ€™s first mobile launch. In recent days, with increased focus on sustainability & monetization I have conceptualized & launched crypto compliance SaaS both for B2C and B2B Business. ๐๐š๐œ๐ค๐ ๐ซ๐จ๐ฎ๐ง๐: I started off as an entrepreneur right after under-grad, hustling between an SME setup and being a software engineer. This personality stuck with me and post MBA I became part of the 30-member team who launched Amazon in India on June 5th, 2013. Since Amazon I have been involved in 0 to 1 setup for major part of my career. I scaled mobile business in Amazon, brought Oneplus to India, landed in Brazil with just a suitcase to launch Practo and stayed there for 2.5yrs as country manager to build Practo. Was involved in Ola $300mn fundraising from Hyundai in 2017, and if things worked out could have launched in Autonomous (Self Driving) cars for Ola in Australia. I have enjoyed every such role and always excited to innovate things across sectors.

Experience

Clear

4 roles

Senior Director - Product & Business Head (Consumer Division)

Promoted

Jun 2023 โ€“ Present ยท 2 yrs 9 mos

  • Still Head Consumer Product & Business
  • Profitability Phase: Consumer Division is strongly EBITDA+ (Finished 0 to 1 and 1 to 10 Journey; Now working towards 10 to 100 Journey in Revenue terms)
  • Product Roles & Responsibilities
  • Product transformation into AI first product
  • Product shaping into building deep value for customer
  • Business Roles & Responsibilities
  • Transforming distribution through deep partnerships
  • Improving distribution through product with new AI led strategies
  • Marketing Roles & Responsibilities
  • Complete trasnformation into product marketing (Zero spends on Google / Meta)
  • Building Brand assets - Increasing Brand attraction (Video contents, Blogposts, Newsletters, Podcasts)
  • Operations Roles & Responsibilities
  • reshaping experience on every touchpoint customer has with Cleartax
Category ManagementProduct ManagementBusiness StrategyBusiness DevelopmentProduct MarketingBrand Management

Senior Director - Product & Business Head (Crypto Division)

Feb 2022 โ€“ May 2023 ยท 1 yr 3 mos

  • Launched crypto taxation for India
  • Saw a business opportunity -> designed a plan -> secured investment -> launched it
  • Small market hence took it to profitability with just 5 folks and gate fenced the opportunity for long term in India
Product ManagementBusiness StrategyBusiness Development

Director - Product & Business Head (Consumer Division)

Jan 2021 โ€“ Feb 2022 ยท 1 yr 1 mo

  • Headed Consumer Product & Business
  • Monetization Phase: Tried to monetize our core Tax product
  • Changed Product shape for monetization
  • Created new distribution channels
  • Moved towards sustainibility; less spends on performance marketing etc
Product ManagementCategory ManagementBusiness StrategyBusiness Development

Associate Director - Product & Business Head (Consumer Division)

Feb 2019 โ€“ Jan 2021 ยท 1 yr 11 mos

  • Headed Consumer Product & Business
  • Growth Phase: Scaled our user base
  • High product interventions to scale growth
  • Built SEO to drive traffic to scale organic growth; Cleeartax is No1 in Tax Domain
  • Scaled new distribution channels like Partnerships to drive CAC below 100
Product ManagementCategory ManagementBusiness StrategyBusiness Development

Ola (ani technologies pvt. ltd)

Associate Director - Head of Special projects

Oct 2017 โ€“ Jan 2019 ยท 1 yr 3 mos ยท Bengaluru, Karnataka, India

  • Worked on launching Self Driving (Autonomous) cars in Australia (Like Google Waymo).
  • Journey: Super Exciting
  • Learnt a lot about self driving tech
  • Worked on raising funding for the Project ($300Mn from Hyundai)
  • Roles & Responsibilities
  • Full strategy on Should Ola venture into /or not into Self Driving cars
  • Worked on Fund raising (Learnt stuff about fund raising; interesting conversations)
Business StrategyFundraising

Practo

2 roles

Country Manager (Country Head) - Brazil

Promoted

Feb 2016 โ€“ Sep 2017 ยท 1 yr 7 mos

  • Launched Practo in Brazil (Created a Business plan -> convinced the CEO -> got $1.5mn Cheque)
  • Journey: Took a flight to Brazil with a suitcase and single handedly created $1mn ARR and 120 member strong team. Remained the Country Head of Brazil for the entire time.
  • Exciting Highlights
  • No 1 brand in website traffic in doctor search in just 9 months.
  • New language, new culture : learnt insane concepts about team management / handling
  • Roles and Responsibilities (Usual Stuff)
  • Responsible for Revenue and Brand
  • Handled Sales, Marketing, Operations
  • Drove Product market Fit
  • Handled SEO to drive it to no1 position
Category ManagementBusiness StrategyBusiness Development

International Business Operations

Mar 2015 โ€“ Feb 2016 ยท 11 mos

Business StrategyBusiness Development

Amazon

Category Manager (Inventory Planning)

May 2013 โ€“ May 2015 ยท 2 yrs ยท Bengaluru, Karnataka, India

  • First 30 people to launch Amazon in India in June 2013
  • Journey
  • Launched OnePlus One and other exclusives with Blackberry, Micromax etc
  • Launched Midnight delivery for Apple Launch
  • Roles & Responsibilities (The usual stuff)
  • Handled all aspects of category management for Mobile category - Inventory Management, Pricing, Planning etc
  • Festive sales and peak handling etc
Category ManagementAnalyticsBusiness Development

Royal bank of scotland

Research Analyst, Financial Markets - Investment Banking

Apr 2012 โ€“ Jun 2012 ยท 2 mos ยท London Area, United Kingdom

  • Credit Trading Desk: Studied and created cash flow models for transaction deals of a $100mn SWAP trade. Created a risk scenario analysis and evaluated the equivalent cash flows for the transaction in trade. Analysed the motivations of the particular SWAP transaction based on client profile and collateral agreements
  • High Frequency Trading Desk: Quantitative algorithm for optimal pricing and execution of market-making positions. Market microstructure trading โ€“ identifying trading party order flow through reverse engineering of order flows. Strategies involving the adaptation of algorithmic trading to OTC markets through Bayesian methodologies
Product ManagementBusiness StrategyBusiness Development

Swati agro fuels

Co-Founder

Jan 2010 โ€“ Jan 2014 ยท 4 yrs ยท Bangalore

  • Summary: A white coal biomass manufacturing unit (renewable energy sec, First of its kind in India)
  • Bootstrapped with $66K investment; Turnover $0.2M, Exited 2014 (machinery import from Zhengzhou, China)
  • The company used agro waste products as raw material and produced a high quality, environment friendly fuel product for industrial and commercial purposes. White coal is environment friendly produce which delivers the same calorific value as coal and hence serves as an excellent resource of alternative fuel.
Product ManagementBusiness StrategyBusiness Development

Ericsson

Research Engineer, Senior Software Engineer

Jul 2009 โ€“ Jun 2011 ยท 1 yr 11 mos ยท Greater Chennai Area

  • Involved in launch of Analytics Suite and DDS (Dynamic Discounting Solution) system.
  • Research Articles Published for above launches includes:
  • 1. Movement sequence mining of mobile patterns
  • 2. Customer segmentation based on usage data and topical distribution
  • 3. Plan optimization churn predictor
  • 4. Graph Triad detection
  • Brief Summary of above research articles
  • 1. Captured precise mobile movements for location specific advertisement marketing. Achieved better hit rates, using sequential pattern mining, to target users with discounts who have a high probability of entering the location
  • 3. Plan optimization technique which uses simplex formulation to detect potential churn loses based on competitor network plans and automatically calculate revenue optimization
  • 4. Find triad formation to increase network density to churn more revenues from existing customers for any mobile network instead of chasing customer acquisition
  • Responsibilities
  • Analytics Suite 1.0 - feature conceptualization, Product Management, Overviewing & facilitating production by leading cross functional teams to execute product delivery, customer support, installation, hiring talent.
Analytics

Education

Indian Institute of Management Ahmedabad

Master of Business Administration (MBA)

Jan 2011 โ€“ Jan 2013

Indian Institute of Technology, Madras

Bachelor's of Technology โ€” Computer Science

Jan 2005 โ€“ Jan 2009

Bishop Cotton School

ISC โ€” Mathematics

Jan 2005 โ€“ Present

Carmel School

ICSE โ€” Computer Science

Jan 2003 โ€“ Present

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