Ankit Arora

Business Development Executive

India16 yrs 3 mos experience

Key Highlights

  • Built merchant base to 50k in less than a year.
  • Increased loan disbursement by 10X at Paytail.
  • Executed growth strategies across multiple industries.
Stackforce AI infers this person is a Fintech and E-commerce growth leader with extensive experience in business development.

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Skills

Core Skills

FintechEcommerceBusiness DevelopmentGrowth MarketingStrategic PartnershipsE-commerceSalesCustomer Service

Other Skills

Distribution Channel ManagementBusiness Growth StrategiesLendingTrade MarketingConsumer LendingGrowth InitiativesBusiness AlliancesDigital StrategyGo-to-Market StrategyMarketing StrategyP&L ManagementRevenue & Profit GrowthSales OperationsMerchant AcquiringPayments

About

With over 16 years of experience in various industries, I am a seasoned sales & business development leader with a proven track record of distribution setup and expansion, forging and nurturing partnerships and alliances, driving organic and inorganic growth, and handling P&L responsibility. I have successfully executed growth strategies for startups, fintech, ecommerce, consumer goods, and edtech companies, leading to increased revenue, user base, and market share. Most recently, I was the Vice President of Business Development at Paytail, a fintech startup that enabled merchants to offer flexible payment options to their customers through unsecured lending and other EMI solutions. There, I was responsible for acquiring and retaining brands, merchants, monetizing the merchant network, and cross-selling financial products. I also led new initiatives and projects for cost optimization and metrics improvement. In less than a year, I helped Paytail build its merchant base to 50k and increase loan disbursement by 10X. My mission is to leverage my expertise in fintech, ecommerce and distribution to drive business growth and innovation for forward-thinking companies.

Experience

16 yrs 3 mos
Total Experience
1 yr 8 mos
Average Tenure
1 yr 3 mos
Current Experience

Flipspaces

Head of Sales and Business Development

Feb 2025Present · 1 yr 3 mos · Mumbai, Maharashtra, India · On-site

Freelance

Freelance Consultant

Oct 2022Jan 2025 · 2 yrs 3 mos

  • Helping organisations navigate and build business in the fintech space especially in payments and lending.
  • Helping organisations with setting up and scaling distribution, channel sales and ecommerce.
  • Helping organisations with planning and executing growth strategies and partnerships.
EcommerceFinTechDistribution Channel ManagementBusiness Growth StrategiesStrategic Partnerships

Paytail

Vice President Of Sales and Business Development

Oct 2021Sep 2022 · 11 mos · India

  • Created and executed the GTM strategy for the consumer lending business
  • Build the merchant network of over 50K merchants with frugal & scalable operations.
  • Grew the monthly GMV (disbursement) 10X from 4 Cr to 40 Cr.
  • Partnered with leading brands to offer affordability solutions to their customers.
  • Led the growth & marketing effort with focus on improving the on ground and social media visibility.
  • Hired and build the core team and product from scratch.
Growth MarketingSalesLendingTrade MarketingConsumer LendingGrowth Initiatives+15

Dineout.co.in

Growth & Partnerships Head

Sep 2019Jun 2020 · 9 mos · Noida Area, India

  • Led cross functional teams in growth, marketing, analytics and product owning the key metrics of growing GMV & transactions for Dineout Pay, increasing diner count along with reduction in burn.
  • Planned and executed key strategic partnerships for revenue and user growth
  • Drove product development eg. subscription product – Dineout Pass, to improve customer offering
  • ensuring higher stickiness and improving revenue.
  • Led new initiatives and projects for cost optimization and key metrics improvement.
Growth MarketingLendingGrowth InitiativesBusiness AlliancesMarketing StrategyP&L Management+3

Mobikwik

Director - Merchant Business

Feb 2018Aug 2019 · 1 yr 6 mos · Gurgaon, India

  • Led the merchant payments business and drove merchant acquisition and retention.
  • Successfully executed growth strategy for business leading to 4X growth with reduction in burn by 60%
  • Managed a large team of around 500 onroll and off roll employees to grow business, drive operations, build
  • relevant product offering & to improve both digital & on-ground visibility of Mobikwik
  • Monetized the merchant network by cross selling unsecured loans, insurance & other financial products.
  • Planned & executed promotions campaigns, loyalty/cashback program for partners using
  • Mobikwik’s platform through digital and BTL marketing.
Growth MarketingLendingConsumer LendingGrowth InitiativesBusiness AlliancesP&L Management+9

Paytm

Senior Manager

Mar 2017Feb 2018 · 11 mos · Noida Area, India

  • Led projects to drive KYC for Paytm Payments Bank and Wallet with partners in different segments like Uber in transport, LFRs, petrol pumps, hotel & food partners etc..
  • Led the alliances with Government led initiatives like e-Nam, organizations like IFFCO, KRIBHCO etc. to increase outreach of Paytm’s payment offerings in rural areas.
  • Developed a model to migrate cash-based transactions for NBFCs & MFIs and social welfare schemes to digital, cashless systems.
  • Partnered with potential organisations who could act as Paytm Payments Bank BCs to increase the reach.
  • Build partnerships and drove business with key OEMs in Mobile handset industry for managing BAU,
  • new product launches, joint marketing campaigns for Paytm Mall
  • O2O Model – Integrated online & offline channel to launch products and increase sales.
  • Steered Growth Initiatives and Drove revenue and profitability by doubling the category revenue and
  • reducing burn by 40 %
Vendor ManagementGrowth InitiativesBusiness AlliancesE-commerceDigital StrategyGo-to-Market Strategy+7

Snapdeal

Business Development & Strategic Brand Alliances - Mobiles & Tablets

May 2015Feb 2017 · 1 yr 9 mos · Gurgaon, India

  • Brand partner engagement: Drove strategic partnerships with Brands like Apple, Google, Xiaomi, Motorola etc. for managing BAU, new product launches, joint marketing campaigns.
  • Drove revenue and profitability to make the portfolio Net Margin neutral.
  • Portfolio development by gap analysis and plugging with suitable launches in various price buckets Delivered on a sales plan at a category and a sub-category level.
  • Managed vendors & improved performance
  • Managed all seller related aspects of product assortment, pricing, revenue, SLA inventory, product quality etc.
  • Managed key metric of sales, promotions, tracking competition.
  • Drove New Initiatives
  • Pilot for O2O and B2R initiative launched with leading brands.
  • Bundling proposition initiated to increase profitability and stickiness of end users
  • Developed new sub-category, health bands and smartwatches, to increase First Time Users (FTU) & Repeat Users
MarketingVendor ManagementGrowth InitiativesBusiness AlliancesE-commerceDigital Strategy+7

Apple

Sales Manager

Oct 2012May 2015 · 2 yrs 7 mos · New Delhi Area, India

  • Built a network of 5 regional distributors & 250+ dealers from scratch & launched iPhone GT distribution.
  • Managed a sales force of 3 ASMs at the ND, 5 ASMs and 15 SOs at RD level and 70 ISCs.
  • Build a virtual team across the stores enabling them to effectively promote and sell iPhone-based
  • solutions. Planning and implementing incentives/promotions to drive tertiary sales.
  • Monitored channel stock levels and ensures product availability.
  • Ensured proper implementation of BTL activation and affordability program at the store level.
  • Monitored and ensured that the merchandising and the maintenance of the in-store iPhone display units
  • and other POS promotional material meet or exceed Apple’s brand and channel marcom standards.
SalesTrade MarketingGo-to-Market StrategyP&L ManagementRevenue & Profit GrowthBusiness Development+6

Berger paints india

Branch manager

May 2010Sep 2012 · 2 yrs 4 mos · New Delhi, Delhi

  • Handled 150+ dealers and drove the overall branch performance in terms of sales, stock planning, branch P&L and operational efficiencies.
  • Achieved 20% growth YoY for the branch, which was double the company’s average growth.
  • Drove on-ground visibility of the brand and made it the first choice of applicators.
  • Managed and grew the team comprising of management trainees, sales, BD executives and admin
  • executives.
SalesTrade MarketingGo-to-Market StrategyP&L ManagementRevenue & Profit GrowthBusiness Development+6

Indiaproperty.com

Summer Trainee

Apr 2009May 2009 · 1 mo

  • Project Title: Trend Analysis in Residential Space in Real Estate and Product Improvement for IndiaProperty.Com
  • Overview: Worked with IndiaProperty.Com on finding the current trends in the residential space in the
  • real estate sector, particularly the kind of property the buyers want to purchase and when
  • they want to buy. Part of the assignment also aimed at improving the product offerings of
  • the company. It aimed at giving a better communication strategy to the products already
  • being offered by the company and also to introduce some new products to make the
  • products offering more attractive. I also worked on improving the registration process and
  • putting up a free listing process on IndiaProperty.com.
SalesCustomer ServiceSales Operations

Loyola institute of business administration

Coordinator - 360 Degrees, The Student Affairs Committee and Media & Communications Committees

Jul 2008Mar 2010 · 1 yr 8 mos

  • Handled the media relations and promotions for Loyola Institute of Business Administration.
  • Handled the student body and all the major events at Loyola Institute of Business Administration

Career launcher

Executive - Sales & Customer Service

May 2006May 2008 · 2 yrs

  • Revenue generation: responsible for meeting monthly sales targets.
  • Counseling students: assessing their needs and counseling them about Career Launcher services.
  • Operations management: smooth execution of center operations.
  • Customer relation and satisfaction: responsible to drive customer delight.

Education

Indian Institute of Management, Calcutta

Advanced Management Programme in FinTech and Financial Blockchain (AMPFFB) — Finance and Financial Management Services

Sep 2023Jun 2024

Loyola Institute Of Business Administration

Master of Business Administration (M.B.A.)

Jan 2008Jan 2010

Jiwaji University

B.COM — COMMERCE

Jan 2003Jan 2006

Vandana Convent Senior Secondary School

XII — COMMERCE

Jan 1989Jan 2003

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