Deepak Nesarikar

Founder

Pune, Maharashtra, India8 yrs 4 mos experience
Highly Stable

Key Highlights

  • Founded a low-frequency quantitative trading firm.
  • Developed global lending solutions for OLX in multiple markets.
  • Generated over 50% alpha in trading within 12 months.
Stackforce AI infers this person is a Fintech expert with strong product management and quantitative trading skills.

Contact

Skills

Core Skills

Product ManagementFintechLoan Management System

Other Skills

Loan OriginationLoansProduct StrategiesData AnalyticsMarketingBusiness StrategyMarket ResearchBusiness DevelopmentMarketing StrategyWeb DevelopmentBusiness ProcessMicrosoft ExcelPowerPointMySQLTeamwork

About

My first venture Gruhaa started as an attempt to provide affordable housing to the underprivileged.The business model was validated and received immense support, strategic guidelines and seed funding from social incubators such as, 'Unltd India' and 'ISB-SAP jump-start accelerator'. We had to park it due to scalability issues, but the learnings made me realise the the gap in money lending and disbursement market for that particular section of the society. I realized the role technology can play in bridging the gap. Hence, decided to delve deeper to understand the nuances of FinTech. For almost 8 years, I have worked on building Loan Origination and Management software for Lentra AI and OLX Fintech. Big Banks and finance companies in India, LatAm, Indonesia and Turkey now use the products. In 2023, I decided to explore quantitative trading. 2024, formally started Yasho, a low-frequency Quant firm. Last 12 months I could generate >50% alpha. Along with Yasho, I am consulting NGOs for their process automation and product strategy.

Experience

8 yrs 4 mos
Total Experience
2 yrs 1 mo
Average Tenure
--
Current Experience

Yasho

Founder

Dec 2023Present · 2 yrs 5 mos · Pune District, Maharashtra, India · Hybrid

  • We are low-frequency quantitative trading firm that does statistical and quantitative trading to outperform in diverse market conditions

Olx group

Global Product Manager

Jan 2022Oct 2023 · 1 yr 9 mos · Pune Division, Maharashtra, India · Remote

  • Responsible for building global scale lending stack to exponentially grow the lending business of OLX group in Latin America, Asia and Europe.
  • Built and launched World Class lending stack comprising of LOS and LMS from scratch and launched it in different markets where OLX was a registered financing company. Namely, Chile, Colombia, Mexico, Indonesia, India, Turkey
Loan OriginationProduct ManagementFinTechLoansProduct StrategiesLoan management system+1

Lentra.ai

Product Manager

Feb 2018Jan 2022 · 3 yrs 11 mos · Pune, Maharashtra, India

  • Built and launched multi-product LMS for retail and business lending focused in the Indian Market.
  • Built a 10 people engineering team for product development
  • Completed development in 8 months, closed first paying customer which was fintech NBFC
  • Closed 10 paying customers with ARR of more than 1 Cr
  • Horizontal scaling of LMS by venturing into line of credit and supply chain lending products
  • Lead re-engineering effort of flagship product GoNoGo (LOS)
  • Responsible for building microservice-based and configurable LOS with a team of 30 people
  • Reduced GTM for new customers from 6 months to 1 month
  • Reduced new feature development time by 70% due to new functional architecture
  • Successfully implemented product go-live for big clients like HDFC Bank, Aditya Birla Capital, OCEN, TVS Motors
Product StrategiesLoan Management SystemLoan OriginationProduct Management

Dhansamruddhi

Product Consultant

Oct 2017Feb 2018 · 4 mos · Pune Area, India

  • Dhansamruddhi is a social enterprise focusing on solving the problem of lack of credit-line for the lower income group. My role as a consultant was to
  • 1. Develop Micro-credit-card product and its credit policy
  • 2. Use of technology to create digital on-boarding journey
  • 2. Setting up HubSpot as CRM for lead origination
  • 3. Mifos Installation as LMS and its use for origination process

Isb-sap jumpstart social accelerator

ISB-SAP Jumpstart Social Accelerator Enterprise

Dec 2016Feb 2017 · 2 mos · Nashik

  • SAP Labs India and the Indian School of Business (ISB), jointly started Jumpstart Social Enterprise (JSE) to nurture startups in the social enterprise space. Gruhaa was one of the startups incubated by JSE.

Econest projects

Co-Founder- 'Gruhaa'

Apr 2016Oct 2017 · 1 yr 6 mos · Nashik

  • Gruhaa was conceptualized while working with the under-priveleged families during Ujjivan. Vision behind Gruhaa was to reduce construction cost by giving modular, scalable approach to single-storey housing. To achive this vision, we had designed lego like brick and started manufacturing it from the waste material named Fly Ash. During the Gruhaa journey, we did lot of construction projects, which involved Swach Bharat Abhiyaan Toilets and individual houses.
  • Unltd India, supported us right from idea to implementation along with seed money. Later Gruhaa was also incubated by ISB, Hyderabad. Due to scalability issues, we sold Gruhaa's assets and machine design to a construction company.

Unltd india

Unltd India Fellow Cohort (2016 and 2017)

Jan 2016Dec 2016 · 11 mos · Mumbai Metropolitan Region

  • UnLtd India is one of Beyond Profit's Top 5 Incubators. Their incubation support offers both financial and advisory services, making a crucial contribution in early-stage start-ups

Ujjivan financial services

Management Trainee

Apr 2014Mar 2016 · 1 yr 11 mos · Nashik

  • I was fortunate to start my career in one of the "Great Place to Work" company. As a Mangement Trainee, my 1st project was to start 3 new branches in the district of Jalgaon, Maharashtra. It required me to plan and execute range of different function right from conducting area survey to ensure the branch profitability.
  • For next project, I was moved to Nashik to start Individual lending business which included Business, Housing and Education loans. For the same, I was nominated as Best Manager for FY 14-15 and the Nashik business received 'Best Individial loan Hub' award in FY 15-16.

Jnana prabodhini

Volunteer for NGO: Jnana Prabodhini

Jun 2007Mar 2014 · 6 yrs 9 mos · Pune · Hybrid

  • http://en.wikipedia.org/wiki/Jnana_Prabodhini
  • www.jnanaprabodhini.org/

Education

SDM Institute for Management Development

Master of Business Administration (M.B.A.) — Marketing & Operations

Jan 2012Jan 2014

Savitribai Phule Pune University

Bachelor of Science (B.Sc.) — Biotechnology

Jan 2009Jan 2012

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