Paras Arora

Product Manager

Gurugram, Haryana, India12 yrs 7 mos experience

Key Highlights

  • Led launch of Middle East’s first open loop wallet.
  • Transformed traditional brokerage into a product-first organization.
  • Expert in leveraging AI for user-centric product development.
Stackforce AI infers this person is a Fintech Product Manager with expertise in user-centric solutions and AI-driven product strategies.

Contact

Skills

Core Skills

Product ManagementProduct StrategyFintech

Other Skills

Analytical SkillsCross-functional CollaborationsSoftware as a Service (SaaS)Business LeadershipPython (Programming Language)Product Requirement DefinitionSQLPresentation SkillsRequirements GatheringDigital MarketingData ProductsOnline Payment SolutionsProduct Road MappingProblem SolvingP&L Management

About

Greetings! I'm Paras Arora, a seasoned Product Manager with a passion for solving customer needs with scalable technical solutions. With 7+ years of experience in Fintech, Wealth Management, Super App Ecosystem, E-commerce, Platform & SaaS Products, I thrive in environments that foster innovation along with a focus on continuous improvement, customers first attitude, and a collaborative team culture. Throughout my career, I've had the privilege of building some pathbreaking products. From spearheading creation of UAE’s very first Open loop wallet to optimizing user flow in a trading app to decrease time to execute trade, I've consistently delivered results that not only achieve company objectives but also drive industry trends. My journey has equipped me with expertise in Product strategy and execution by creating elaborative product roadmaps and plans, allowing me to build product teams that are collaborative, user empathetic, and focus on results. I specialize in Product Management, Product Strategy, Roadmap development and execution, Growth, hiring, . With a solid foundation in Engineering from IIT, business with an MBA from ISB, and a certificate in Artificial Intelligence (AI) from IIT Delhi, I have honed my skills in Fintech, Super app ecosystem management, Platform (SaaS) Products, and Ecommerce. My proficiency in AI enables me to build habit building products for users leveraging key insights and data loops that not only delight users but also accomplish company business objectives. Looking ahead, I am enthusiastic about helping companies that want leverage the power of Artificial Intelligence to build powerful user products. I'm always open to connecting with fellow professionals who share my enthusiasm for Product management and how AI can build beautiful experiences for users and drive the next cycle of growth in the world. Let's explore opportunities to collaborate, exchange ideas, or simply network over a virtual coffee. Feel free to reach out—I'd love to connect with you! Connect with me on LinkedIn if you want to collaborate on a project, need professional advice, or you are chatty and just want to say Hi!

Experience

12 yrs 7 mos
Total Experience
1 yr 8 mos
Average Tenure
9 mos
Current Experience

D. e. shaw india private limited

Principal Product Manager

Aug 2025Present · 9 mos · Gurugram, Haryana, India · Hybrid

Info edge india ltd

Senior Product Manager

Jan 2025Aug 2025 · 7 mos · On-site

Phoenix tech consulting

Principal Product Manager

Sep 2022Jan 2025 · 2 yrs 4 mos · Gurugram, Haryana, India · Hybrid

  • Wealth Management (ADSS)
  • Transformed a traditional brokerage firm into product first wealth management Org.
  • (+) 5% market share in 8 months, 35% WOW surge in trading volume, (-) 55% costs
  • Developed an In-house trading platform replacing a cost heavy OTC [0-1 Lifecycle]
  • Revamped user onboadring journey, increasing customer onboparding by 65%
  • Digitised KYC processing through 3rd party integration, reducing application processing time by 50%
  • Subscription Program:
  • Designed and launched a subscription-based loyalty program for marketplace platforms, increasing Average Order Value (AOV) from $7 to $9 and enabling value-based differentiation in a commodity-driven market.
  • Optimized subscription pricing and tiered offerings based on in-depth market analysis, reducing churn from 11% to 8%.
  • Conducted A/B testing and data-driven experiments to refine user journeys, messaging, feature placement, and onboarding, acquiring 1.5M users across 4 Middle East clients in first year.
Analytical SkillsCross-functional CollaborationsSoftware as a Service (SaaS)Product ManagementProduct Strategy

Careem

Product Manager II

Jun 2021Sep 2022 · 1 yr 3 mos · Dubai, United Arab Emirates · Hybrid

  • Led consumer products team to realize Careem’s vision to simplify financial services for 800Mn+ people in the MENAP region. Delivered segmented propositions in collaboration with central bank UAE, banking partners, engineering, design, and business.
  • Products Launched/Led: Open Loop Wallet, KYC, Remittances, Cash-out, Limit service, Cash-in
  • New Consumer Product Launches:
  • Led a team to launch Middle East’s first open loop wallet in partnership with First Abu Dhabi Bank (FAB), enabling domestic P2P funds transfer with beneficiary selection directly from user’s phone contact and replacing iBAN
  • Built and launched UAE’s first fully digital remittance product in partnership with Lulu Exchange; 120% jump in new users
  • First of its kind remittance product in the world where senders can choose to send money to someone across border directly from their contact list instead of adding all the beneficiary details; Reducing time to complete a transaction by 75%
  • The users can pay for the transaction with any combination of cards, wallet, or bank transfer
  • Created learning modules for the whole project to be taught at Careem Academy as a case study on creating and launching innovative user centric products from 0 to 1
  • Built and launched a Cashout product, which users can use to transfer funds from their wallets on Careem app to bank accounts
  • Platform and other products:
  • Developed KYC as a central service in partnership with UAE central bank and Passfort, which serves as a one-time KYC process for access to all financial products on Careem Super App.
  • Built a central “limits service” for all Careem products. This one service is now used for all kinds of limits including regulatory, company, and personal: Proposition to the user: Users can now set up their own limit to restrict and track monthly expenditure
  • Developed an algorithm in collaboration with Fraud & Risk team to direct users with higher risk profile through a 3DS check
Business LeadershipFinTechPython (Programming Language)Product ManagementProduct Requirement DefinitionSQL+14

Airtel digital

Product Manager

Apr 2020Jun 2021 · 1 yr 2 mos

  • Developed an online coupon engine for Airtel
  • Increased MAU by
  • 15Mn
  • 400 Mn+ coupons distributed in partnership with Pepsi Co. during IPL 2020
  • Built and scaled Vernac capabilities across the App in 13 regional languages
  • Increased Journey Success rates by 7% and a 20% improvement in adoption

Paytm

Product Manager

May 2019Mar 2020 · 10 mos · Noida Area, India

  • Developed a new unified passbook,
  • reducing customer support calls by 15%
  • Built and scaled Vernac capabilities across the App in 13 regional languages
  • Increased Journey Success rates by 7% and a 12%% improvement in adoption
  • Redesigned Payments Experience with a dynamic payments architecture, improving transaction Success rates by 2.5% across all pay-modes
  • Launched India's first wallet based subscription product in partnership with Netflix
  • Daily users: 200,000; Monthly GMV: Rs. 1,000 Crore
  • Managed Paytm’s key products: Transfer to Bank, Passbook, and Sub-Wallets;
  • Daily users: 200,000; Monthly GMV: Rs. 1,000 Crore
Business LeadershipFinTechPython (Programming Language)Product ManagementProduct Requirement DefinitionSQL+13

Codeyeti software solutions pvt. ltd.

Product & Operations

Jun 2015Mar 2018 · 2 yrs 9 mos · Noida, Uttar Pradesh, India

  • Lead all business aspects of product including contract negotiations and investments by collaborating with different teams; generated $85,000 revenue in the last 5 months and $100,000 investment.
  • Spearheading go-to-market strategy to showcase company’s offerings to prospective startup clients; roped in 5 new clients from education and eCommerce industries with $50,000 in revenue.
  • Lead new product development system (Stage Gate) and implement a steering team committee
  • consisting of all department heads and the CEO; this system has streamlined processes and reduced time to market by ~5 weeks.
  • Lead team of 13, including Product Management, Engineering, and Marketing for two CodeYeti products; successfully shepherded one product from a closed Beta user testing stage to achieving 100 paying customers/day. Also doubled the number of downloads of the other product to 400,000
  • on Play Store.
Business LeadershipProduct ManagementProduct Requirement DefinitionPresentation SkillsRequirements GatheringAnalytical Skills+8

Energo engineering projects limited

Assistant Manager

Jul 2012Jun 2015 · 2 yrs 11 mos · New Delhi · On-site

  • Planned and executed a power plant refurbishment project (US$5M) for the State Government of Madhya Pradesh, two months before deadline, leading to a 25% increase in plant efficiency and an additional order of US$1.1M.
  • Collaborated with external domain experts to add a new field of expertise in the firm’s portfolio; awarded a US$500,000 contract for barge (flat boat carrying technical equipment) refurbishment.
Presentation SkillsAnalytical Skills

Education

Indian School of Business

Master of Business Administration - MBA

Jan 2018Jan 2019

Indian Institute of Technology, Roorkee

B-Tech — Mechanical Engineering

Jan 2008Jan 2012

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