Prashant Devadiga

CTO

Mumbai, Maharashtra, India23 yrs 2 mos experience
AI ML PractitionerHighly Stable

Key Highlights

  • Over 20 years of experience in AI and Data Science.
  • Expert in developing large-scale machine learning models.
  • Proven track record in fintech and procurement solutions.
Stackforce AI infers this person is a Fintech and AI expert with extensive experience in data-driven solutions.

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Skills

Core Skills

Machine LearningData ScienceArtificial IntelligenceSupply Chain Management

Other Skills

Deep learningLarge Language ModelsGenerative AIAnomaly DetectionGraph LearningNLPRecommendation EnginesDeep Neural NetworksRandom ForestsMonte Carlo SimulationBERTElasticsearchCustom AlgorithmsTime Series AnalysisBusiness Transformation

About

I have more than 20 years of experience spread across research and application of machine learning, artificial intelligence, data science, product management and business transformation. I am a hands-on leader with a passion for developing algorithms in python. Domains: Fintech, Supply chain, EdTech, Treasury, Manufacturing, Sourcing, Procurement & Finance, Product Lifecycle Management. Currently working as the Head of Data Science & Analytics at NPCI leading teams that work with extremely large data flows (>20,000 tps) to develop foundational sovereign LLM models for the Fintech Industry and models for fraud & mule detection, anomaly detection and anti-money laundering. Building data infrastructure for large scale data (or big data) systems for structured and semi-structured data formats. Developing projects for public good using finetuned LLM models and agentic frameworks. Areas of Interest: Machine Learning at scale, AI, Deep Learning, Data Science, LLM, Computer Vision, Language understanding, Knowledge Graph, Conversational computing, Explainable AI, Statistics, MLOps

Experience

National payments corporation of india (npci)

Head - Data Science & AI

Dec 2022Present · 3 yrs 3 mos

  • AI/ML at scale @ NPCI
  • Leading the development of a sovereign LLM model for fintech, emphasizing large-scale token aggregation and domain-specific data to enhance accuracy. Designing customized evaluation frameworks to ensure robust and compliant model performance tailored for fintech needs. Generating synthetic supervised fine-tuning data using advanced generative AI techniques. Conducting continuous pretraining and fine-tuning of large language models on multi-GPU clusters for scalable, high-precision results. Developing agentic AI chatbots for autonomous, public good fintech applications.
  • Payments fraud modeling and research while building large-scale infrastructure and technologies.
  • Applying advanced algorithms (deep learning using pytorch) and associated ideas in a nuanced manner specific to various payments fraud use cases such as account-take over and transaction frauds (Person to Person & Person to Merchant).
  • Deployed large scale machine learning and graph learning algorithms to advance the capabilities of NPCI’s fraud detection and Anti money laundering platform.
  • Auto-encoders, ML models, Markovian Process modeling (MCMC), Adversial learning, anomaly detection, Large Language Models ( LLM ), RAG and PeFT, Generative Transformer Models.
Data ScienceDeep learningMachine Learning

Global university systems

Head of Artificial Intelligence research

Jun 2022Nov 2022 · 5 mos · Remote

  • Head of Artificial Intelligence innovation @ Edvanza (Startup funded by Global University Systems)
  • Edvanza is a new age AI-driven Ed-Tech start-up offering a complete career advancement platform designed to bridge the gap between education, careers, and recruitment in a hyper personalised way.
  • Key responsibilities:
  • Research and development of modules such as Career Path recommendation, Gamification, Immersive learning, AI driven user experience, and IP/Patents/Research.
  • Closely worked with business stakeholders, data engineering and technology teams to bring solutions to the market.
  • Skills:
  • NLP, Deep learning-based algorithms, Recommendation engines using graph embeddings, Prescriptive Analytics, Reinforcement Learning, Knowledge Graph on application areas like Education, Learning, Career management, Workforce, Talent management etc
Artificial Intelligence

Zycus

Director of Machine Learning & Artificial Intelligence

Nov 2020Jun 2022 · 1 yr 7 mos · Mumbai, Maharashtra, India · Hybrid

  • Director of AI & ML @ Merlin AI Studio
  • Zycus is a pioneer in Cognitive Procurement software and has been a trusted partner of choice for large global enterprises.
  • Payment Term Maximizer:
  • Impact: Helps a buyer to negotiate better terms during the contracting process
  • State: The product is offered as an AI solution to all Zycus tenants across the world
  • Models & tools used: Deep Neural Network, Random Forests with Shapely for model explainability, Monte Carlo simulation, Gaussian Mixture Model (GMM)
  • Model Accuracy: ~ 98%
  • Contract Lock:
  • Impact: Helps the buyer not to miss out any discounts available and also to find the right prices for a product being purchased
  • State: The product is live and is offered as an AI solution to various Zycus tenants across the world
  • Models & tools used: Elasticsearch, Bert transformer-based text classification models, yolo based table identifier and extractor, custom algorithms
  • Model F1 score: ~ 85%
  • Supplier Rationalization & Supplier Discovery:
  • Impact: Rationalized the spend to get better terms. New suppliers were discovered leading to de-risking the supply chain.
  • State: The phase 1 of this product is live and testing is in progress for phase 2
  • Models & tools used: Graph based machine learning models, Unsupervised NLP methods
  • Model Accuracy: ~ 90%
  • Other projects in the research area include:
  • Autonomous quick source tool is used to automatically identify, compare and choose suppliers for procurement of goods and service
  • Spend Insights tool is used to provide root cause analysis for events such as delays in payments and to provide corrective recommendations
  • Supplier & product recommender systems
Machine Learning

Jio platforms limited (jpl)

AVP - Data Science & Machine Learning

Apr 2011Oct 2020 · 9 yrs 6 mos · Navi Mumbai, Maharashtra, India

  • Demand forecasting of products:
  • Predicted the demand for petrochemical products across customers and regions
  • Impact: Helped improve the KPIs of the overall supply chain process.
  • Models & tools used: Ensemble of models using time series, deep learning models and decision trees Model Accuracy: Around 87%
  • Automatic extraction of information from vendor invoices (invoice matching):
  • Used ML algorithm to extract information such as invoice number, amount, various taxes, etc.
  • Impact: Helped reduce the man-power needed to do this process by one half to 10 members from 20 members
  • Models & tools used: Deep learned neural models, slot filling algorithms, NER
  • Model Accuracy: ~ 95%
  • Contract lifecycle management system:
  • Used machine learning techniques to identify critical entities, terms, clauses and risks in a legal contract.
  • Impact: Helped reduce the man power needed to do this process by one half from 20 to 10 members
  • Models & tools used: Deep learned neural models, Bert based text classification, NER
  • Model Accuracy: ~ 90%
  • Cash flow management tool:
  • This tool predicted the amount of receivables on a particular day and assisted the investment teams to invest optimally
  • Impact: Optimize the investments of the treasury team
  • Models & tools used: Time series and regression models, text classification models
  • Model Accuracy: ~ 98%
  • Logistics: Truck driver performance dashboard
  • The tool analyzes the driving behavior of the drivers and ranked the participants on a dashboard to perform reviews with the logistics vendor. It also tracked anomalous behavior and theft
  • Impact: Resulted in effective management of the vendors
  • Models & tools used: Clustering, Isolation forest, auto-encoder, GMM
  • Model Accuracy: NA
  • Surplus stock prediction in construction projects:
  • The tool predicted surplus quantity for 30, 60 and 90 days to optimize the inventory.
  • Impact: Reduced surplus stock of value around 5 crore
  • Models & tools used: Random Forest and time series models
  • Model Accuracy: 80%
Data Science

Tata consultancy services

Supply Chain and Product Lifecycle Management Consultant

Dec 2001Apr 2010 · 8 yrs 4 mos

  • Supply Chain and Product Lifecycle Management. Executed projects in India and USA.
Supply Chain Management

Education

Indian Institute of Management Bangalore

Master of Business Administration (MBA)

Jan 2010Jan 2011

KAIST COLLEGE OF BUSINESS

Exchange student — Business and technology

Oct 2010Oct 2010

Fr. Conceicao Rodrigues College of Engineering

BE — Computers

Jan 1997Jan 2001

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