Ashish Agarwal

Business Development Executive

Bengaluru, Karnataka, India4 yrs 8 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Achieved 150% revenue growth in a year.
  • Led successful product-market fit initiatives.
  • Spearheaded high-performance payment processing systems.
Stackforce AI infers this person is a Fintech professional with expertise in business growth and product management.

Contact

Skills

Core Skills

Business GrowthProduct ManagementRevenue ManagementStrategic PartnershipsCategory ManagementInfrastructure ManagementOperational ExcellenceBusiness DevelopmentProduct MarketingMarket ResearchSales ManagementData AnalyticsDigital Marketing

Other Skills

AccountabilityAnalytical SkillsAnalyticsBrand PerceptionBusiness AnalyticsBusiness ExpansionBusiness ManagementBusiness Relationship ManagementBusiness Vertical ManagementCategory AcquisitionCollaborationCommercial NegotiationsCommunicationConsultingConsumer Preferences

About

Ashish believes in empathy, accountability, and the power of perspective. To him, life is about the investments made toward the goal, not just the results. For him, the journey is the reward, and growth is a constant pursuit. He believes in leading with action, solving with intent, and approaching every challenge with clarity and conviction. He thrives on the philosophy of: Thoughtful execution. Zero excuses. Full accountability. At PhonePe, he is responsible for scaling business verticals, driving product adoption, and shaping high-growth strategies. His role spans merchant partnerships, revenue expansion, and product-market fit, ensuring that PhonePe remains enterprises' go-to payments processing platform. He operates at the intersection of strategy, execution, and impact, working across cross-functional teams and high-value partnerships to create lasting business value.

Experience

4 yrs 8 mos
Total Experience
2 yrs 4 mos
Average Tenure
3 yrs 9 mos
Current Experience

Phonepe

5 roles

Vertical Lead Growth, Senior Manager

Promoted

Jan 2025Present · 1 yr 5 mos · Bengaluru, Karnataka, India

Vertical Lead Growth, Manager

Jul 2024Dec 2024 · 5 mos · Bengaluru, Karnataka, India

  • Ashish took on a broader strategic scope with cross-functional impact. While continuing to drive business expansion and product adoption, he focused on aligning priorities across stakeholders and contributing to high-impact decision-making. He works closely with teams to enhance collaboration, streamline execution, and ensure alignment with business objectives while also enabling team members to operate independently with full accountability and ownership.
  • Continued Business Growth
  • His team continued to drive remarkable growth, achieving a 24% increase in TPV, a 38% rise in revenue, and a 20% improvement in margins within six months. This growth was fueled by strong merchant partnerships, product optimization, and operational excellence, further reinforcing PhonePe’s leadership in digital payments.
  • Driving PMF & Scaling New Product Integrations
  • Led the Product-Market Fit (PMF) efforts for PhonePe Bolt, one of the most anticipated new product launches. Successfully aligned and integrated key enterprise merchants, setting a foundation for future partnerships and strengthening PhonePe’s position in the ecosystem.
Business ExpansionProduct AdoptionStakeholder AlignmentHigh-Impact Decision-MakingCollaborationExecution+3

Category Growth, Manager

Promoted

Jul 2023Jun 2024 · 11 mos · Bengaluru, Karnataka, India

  • Ashish continued leading major projects for process and system enhancements with various cross-functional teams, including IPL Payments Management, while scaling and managing business verticals for PhonePe’s Online Aggregator and Skill-Based Gaming, along with his team. Additionally, he took on the responsibility of scaling new categories, including PhonePe Autopay, OTTs, Telecoms, and Lending. He has been responsible for driving Product-Market Fit (PMF) and 0 to 1 growth in some categories while scaling others from 1 to 10 and 10 to 100.
  • Building & Scaling Teams
  • As his role expanded, he focused on scaling and enabling his team to drive impact on a larger scale. He has contributed to building a structured, high-performing team aligned with the broader business objectives, ensuring sustained growth and operational excellence.
  • Category Leadership: P&L Ownership, Business Growth & Strategic Expansion
  • Led ownership of category growth and retention, delivering 75% growth in Total Processed Volume and ~150% growth in revenue and gross margin over a year, making his portfolio a leading positive contributor to the overall business P&L.
  • Beyond revenue and TPV growth, he has scaled multiple enterprise partnerships, ensuring seamless execution, high merchant satisfaction, and long-term retention while maintaining best-in-class product efficiency and service excellence.
Process EnhancementsBusiness Vertical ManagementProduct-Market FitTeam ScalingP&L OwnershipStrategic Expansion+2

Associate Manager

Jan 2023Jun 2023 · 5 mos · Bengaluru, Karnataka, India

  • Online Skill-Based Gaming, PhonePe Payment Gateway
  • Category Acquisition
  • Ashish led end-to-end ownership of the gaming category, successfully closing 75% of the funnel, including the top 10 players in the industry. Strengthened merchant relationships, resolved challenges, and leveraged deep product knowledge to drive impactful commercial negotiations.
  • Category Scaling & Growth
  • Focused on merchant go-lives and scaling business metrics, achieving a 90x growth in TPV in six months. Played a pivotal role in making online skill-based gaming a leading revenue contributor to the overall business.
  • Currently, he leads business for the vertical along with his team.
  • Exceptional Load Handling – Project IPL
  • Spearheaded world-class system performance to support payment processing at an unprecedented scale. Worked closely with tech teams to implement critical optimizations, enabling PhonePe to handle some of the highest transaction-per-second (TPS) loads globally, processing millions of transactions daily with exceptional stability.
  • System & Process Enhancements
  • Led multiple initiatives and regularly collaborated with cross-functional teams: product, tech, analytics, legal, risk, integration, and more teams to optimize and enhance PhonePe PG’s delivery and merchant experience.
Category AcquisitionMerchant RelationshipsCommercial NegotiationsSystem PerformanceCross-Functional CollaborationCategory Management+1

Management Trainee

May 2022Dec 2022 · 7 mos · Bengaluru, Karnataka, India

  • Ashish primarily worked on three key projects:
  • Business Management (KAM, PhonePe Online Aggregator Business) – Managed key revenue-driving aggregator accounts, strengthened partnerships, and ensured seamless operations.
  • Currently, he leads the vertical along with his team
  • Product Marketing & Design (Product Marketing Manager) – Led the development and design of the PhonePe PG & Express Checkout website and pitch decks, coordinating teams to launch it in record time.
  • Success Rates Optimization – Collaborated with integration and product teams to analyze merchant flows, optimize integrations, and enhance success rates for 140+ merchants.
Business ManagementProduct MarketingSuccess Rates OptimizationBusiness Development

United breweries ltd.

Summer Intern

Apr 2021May 2021 · 1 mo · Bengaluru, Karnataka, India · Hybrid

  • Analyzed the market potential for ‘Amstel’ beer in Haryana, assessing consumer preferences, spending habits, and brand perception through primary research. Evaluated the super-premium beer segment and Amstel’s competitive position. Based on these insights, a marketing campaign was proposed to enhance brand awareness, contributing to increased sales.
Market AnalysisConsumer PreferencesBrand PerceptionMarket Research

Great learning

Learning Consultant

May 2019Apr 2020 · 11 mos · Bengaluru, Karnataka, India

  • Ashish was responsible for lead conversion, business development, and revenue generation, consulting 80–110 clients daily on career opportunities in AI/ML. He analyzed sales data to refine marketing strategies and improve customer engagement. Through consistent effort, he successfully met monthly targets, contributing to a total revenue of ₹29.1 million over 12 months, among the highest in a team of 100. Additionally, he facilitated multiple major B2B deals, further driving business growth.
  • His contributions were recognized with multiple Outstanding Sales Performance Awards throughout the year.
Lead ConversionBusiness DevelopmentSales Data AnalysisSales Management

Celebal technologies

Data Analyst

Apr 2018May 2018 · 1 mo · Jaipur, Rajasthan, India

  • Supported the sales team by analyzing data, building data models, and creating dashboards to improve visibility into the sales funnel. His insights helped optimize sales strategies, leading to increased conversions and overall revenue growth.
Data AnalysisSales ModelingDashboard CreationData Analytics

Systweak software

Digital Marketing

Apr 2017May 2017 · 1 mo · Jaipur, Rajasthan, India

  • Worked closely with the content marketing team to research and curate a database of high-quality websites for guest posting. By identifying optimal platforms for outreach, he helped improve content distribution, boost SEO, and enhance brand visibility.
Content MarketingSEO OptimizationGuest PostingDigital Marketing

Education

SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

Master of Business Administration - MBA

Christ University, Bangalore

Bachelor of Technology - BTech — Computer Science

Neerja Modi School

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