Asit K Deva

Business Development Executive

Toronto, Ontario, Canada5 yrs 8 mos experience
AI ML PractitionerAI Enabled

Key Highlights

  • Expert in driving startup growth and innovation.
  • Proven track record in venture capital and product management.
  • Strong background in data analytics and AI technologies.
Stackforce AI infers this person is a SaaS and IoT specialist with a strong focus on venture capital and innovation management.

Contact

Skills

Core Skills

Venture CapitalProduct ManagementBusiness AdvisingInnovation ManagementStakeholder ManagementUser Interface DesignData AnalyticsData WarehousingProcess AutomationMarket Research

Other Skills

Business AnalysisBusiness DesignDesign ThinkingLean StartupCompetition ResearchInvestor RelationsTechnology RecruitmentMarketing StrategySales OperationsBusiness Process ImprovementFinancial ModelingStartupsCustomer Relationship Management (CRM)Business DevelopmentEvent Coordination

About

I believe AI and automation can revolutionize industries and create a better future. That’s why I’ve dedicated my career to building and scaling innovative solutions. From leading agile teams at Siemens to venturing into the startup world with FutureSight, I’m committed to pushing boundaries and driving purposeful innovation.

Experience

5 yrs 8 mos
Total Experience
2 yrs 10 mos
Average Tenure
--
Current Experience

Futuresight

Venture Analyst

Nov 2023Present · 2 yrs 6 mos · Toronto, Ontario, Canada · Hybrid

  • At FutureSight, a Day-0 B2B SaaS Venture Studio based in Toronto, I actively contribute to launching and nurturing new startups across Canada and the USA. My role encompasses the venture lifecycle, from ideation to growth, with a strong focus on validation and formation. I lead customer discovery campaigns, conduct in-depth market research, and facilitate investor relations. My work also involves hiring, solution architecture, and product discussions, alongside financial modeling and valuation.
  • Lessons Learned
  • Successful businesses are built on solving real-world problems and delivering tangible value.
  • Killing an idea, even after investing time and effort, is a necessary part of the venture building process.
  • Building genuine connections and authenticity are essential for conducting effective customer discovery.
  • Hiring requires patience and perseverance to find exceptional talent.
  • Addressing difficult discussions promptly is crucial for mitigating risks and ensuring startup success.
  • Primary Work
  • Solution Architecture & Product Discussions: Leading engineering and solution architecture efforts, and contributing to product strategy discussions.
  • Customer Discovery Campaigns: Leading extensive campaigns to gather user feedback and validate market demand.
  • 16-20 Week Validation Curriculum: Development of a structured validation process with proven results, streamlining startup evaluation.
  • External Partnership: Securing a partnership with major cloud providers and dev tools services.
  • Developing Marketing Assets: Creation of compelling pitch decks and detailed validation memos and more for the venture.
  • Hiring & Team Formation: Assisting in the recruitment and onboarding of initial startup teams.
Business AnalysisBusiness DesignDesign ThinkingLean StartupMarket ResearchCompetition Research+8

Innovation factory hamilton

Innovation Advisor

May 2023Nov 2023 · 6 mos · Hamilton, Ontario, Canada · Hybrid

  • As an Innovation Advisor at Innovation Factory, a designated Regional Innovation Center under the provincial government working to promote economic development via entrepreneurship and innovation, I served as a primary point of contact for over 50 startups within a six-month period, fostering their growth and development. My responsibilities included onboarding new companies, introducing them to relevant resources, and providing tailored recommendations based on my expertise and education. With a focus on CITM (CleanTech, Information Technology, Manufacturing) clients, I leveraged my engineering and robotics background to provide specialized guidance. I directed startups to various partner resources, maximizing their access to support, and actively contributed to events and programs, including the Lions Lair competition.
  • Lessons Learned
  • Learned how to manage a high volume of clients.
  • Learned the importance of providing personalized guidance and support to early-stage startups within a structured regional innovation framework.
  • Discovered the value of building strong relationships with a diverse portfolio of clients within the context of regional economic development.
  • Understood the significance of connecting startups with the right resources and partners, particularly within the provincial innovation ecosystem.
  • Realized the impact of actively participating in the innovation ecosystem through events and programs, contributing to regional entrepreneurial growth.
StartupsInnovation ManagementBusiness AdvisingCustomer Relationship Management (CRM)Business DevelopmentEvent Coordination

Ignite ai

Venture Capital Analyst Intern

Jan 2023Apr 2023 · 3 mos · Toronto, Ontario, Canada · Remote

  • As a Venture Capital Analyst Intern at Ignite AI, an academic placement within my MBA program at Schulich, I directly supported Chris in his mission to accelerate and mentor AI-first ventures. This paid, credit-bearing role aligned with my final semester studies. I assisted early-stage companies innovating with machine learning, focusing on preparing them for Series A funding rounds. My responsibilities included designing investor presentation decks (both concise presentation and detailed self-readable versions), writing comprehensive investor memos, and participating in product roadmap and fundraising strategy discussions.
  • Lessons Learned
  • Gained practical experience in evaluating and supporting early-stage AI ventures.
  • Learned the critical components of investor presentations and memos, essential for securing funding.
  • Discovered the importance of strategic product roadmap and fundraising discussions in venture growth.
  • Learned how to evaluate the bussiness of AI first startups.
  • Learned how to make startups investor ready.
Slide DecksInvestor MemoBusiness InsightsStrategic InsightsPitch DecksArtificial Intelligence (AI)+1

Schulich school of business - york university

2 roles

OneSchulich Implementation Specialist

Promoted

May 2022Aug 2022 · 3 mos · Toronto, Ontario, Canada · Hybrid

  • During the summer break of my MBA program, I transitioned into a full-time role as a OneSchulich Implementation Specialist. In addition to providing user support, I spearheaded the formation of a steering committee comprising student leaders and staff members, fostering collaborative decision-making. I also implemented new management policies to provide the platform with a strategic roadmap, driven by stakeholder needs and requests. My work aimed to optimize the platform's functionality and align it with the evolving needs of the Schulich community.
  • Best Learnings
  • Learned the importance of establishing steering committees to ensure stakeholder alignment and collaborative governance.
  • Discovered the value of strategic roadmap development in aligning platform development with organizational goals.
  • Understood the significance of implementing management policies to ensure platform sustainability and effectiveness.
  • Highlighted Projects
  • Spearheaded the formation of a steering committee for collaborative platform governance.
  • Implemented new management policies to drive platform strategic roadmap.
Quantitative AnalyticsBusiness InsightsStakeholder ManagementStrategic PlanningPolicy DevelopmentIT Governance+1

OneSchulich Implementation Specialist

Sep 2021Apr 2022 · 7 mos · Toronto, Ontario, Canada · Hybrid

  • As a part-time OneSchulich Implementation Specialist, while simultaneously pursuing my MBA, I played a key role in managing and enhancing the OneSchulich platform, an implementation of CampusGroups. My work focused on supporting student groups and staff in adopting and effectively utilizing the platform. I undertook projects to redesign the platform's homepage, improving user experience, and introduced new analytics reports for staff to gain deeper insights into platform usage.
  • Lessons Learned
  • Learned the importance of user-centered design in improving platform adoption and engagement.
  • Discovered the value of data analytics in providing actionable insights for platform optimization.
  • Highlights
  • Redesigned the OneSchulich platform's homepage to enhance user experience.
  • Introduced new analytics reports for staff to improve platform usage insights.
Quantitative AnalyticsBusiness InsightsUser Interface DesignPlatform ManagementStakeholder ManagementCustomer Service

Startupfuel

Venture Capital Analyst (Intern)

Nov 2021Apr 2022 · 5 mos · Toronto, Ontario, Canada

  • As a Venture Capital Analyst Intern at StartupFuel, I supported the firm's activities in product delivery and development. My responsibilities included conducting thorough research on various industry verticals to identify promising investment opportunities. I also produced detailed CFA reports, adhering to established processes and procedures, to provide comprehensive financial analyses for potential investments. Furthermore, I assisted in key operational activities, including the migration of projects within JIRA, contributing to the firm's overall efficiency.
  • Lessons Learned
  • Gained a deeper understanding of the venture capital investment process, from initial research to financial analysis and due diligence.
  • Learned the importance of producing standardized reports to support informed decision-making.
Quantitative AnalyticsBusiness InsightsStrategic InsightsVenture CapitalDue DiligenceMarket Research

Siemens technology india

Senior Software Engineer (Data Analytics & AI)

Mar 2017Aug 2021 · 4 yrs 5 mos · Bangalore · On-site

  • During my tenure at Siemens, I played a multifaceted role in driving innovation and technological advancement. I established and led the DTS Innovation Lab, fostering a culture of experimentation and creativity. I also founded the Green IoT Hackathon, a large-scale initiative promoting UN SDGs through technological solutions, resulting in significant participation across the business unit. Furthermore, I led the MindSphere team as an Agile Product Owner, managing key modules and driving product development. I also contributed to establishing a new research wing, RDA ASY-IN, and developed technology assets in autonomous technologies. Additionally, I served as a Vertical SPOC for ADV ESI, enhancing collaboration across business units, and as an Opportunity Analyst for ISE India, driving business growth. My work also involved designing and building monitoring systems for critical platforms, significantly reducing response times.
  • Lessons Learned
  • Data-driven monitoring and analysis are crucial for optimizing system performance.
  • Building an innovation culture requires dedicated spaces and events, like the DTS Innovation Lab and the Green IoT Hackathon.
  • Discovered the importance of agile methodologies in driving product development and adapting to changing requirements.
  • Understood that successful innovation often involves exploring emerging technologies and building tangible prototypes, as with the KITT AGV platform.
  • Realized the power of cross-functional collaboration in breaking down silos and driving organizational change.
  • Highlighted Projects
  • MindSphere: Agile Product Ownership for Notification and SDK modules, driving product development. Developed CRSP-NG monitoring platform which is the foundation for Mindsphere.
  • KITT Platform: Development of an AGV platform, exploring sensor fusion and robotics.
  • Green IoT Hackathon: Founded and organized a large-scale event to integrate UN SDGs into business practices through IoT solutions.
Quantitative AnalyticsBusiness InsightsData AnalyticsProcess EngineeringPython (Programming Language)Team Building+16

Tata consultancy services

2 roles

IT Analyst

Dec 2015Mar 2017 · 1 yr 3 mos · On-site

  • As an IT Analyst for Johnson & Johnson APAC, I served as the head of the reporting team, overseeing the migration of complex reports from IBM Cognos to Tableau. This involved data warehousing and data modelling activities, as well as active participation in the J&J Tableau Center of Excellence (CoE) in Bangalore. My work focused on enhancing data reporting capabilities and improving data-driven decision-making.
  • What I learned:
  • The importance of data visualization tools like Tableau in transforming raw data into actionable insights.
  • The value of data warehousing and modelling in creating a robust foundation for data analysis.
  • The significance of participating in Centre of Excellence to stay abreast of industry best practices.
  • The need to transition towards self service BI platforms.
SQLAmazon Web Services (AWS)TableauExtract, Transform, Load (ETL)Data WarehousingData Modeling+4

System Engineer

Sep 2012Dec 2015 · 3 yrs 3 mos · On-site

  • As a System Engineer for Equifax Canada, I was responsible for the development and maintenance of critical web applications, enabling the Canadian business. My key contribution was the proposal, design, and development of an automation project that resulted in significant cost savings. I also led offshore work, managed team dynamics during ramp-down and ramp-up phases, implemented Confluence as a new wiki platform, and handled offshore ODC administrative activities.
  • Biggest Lessons
  • Learned the importance of identifying opportunities for automation to drive efficiency and reduce costs.
  • Discovered the value of proactive problem-solving and taking initiative to develop innovative solutions.
  • Understood the significance of effective team management and communication, especially during periods of change.
  • Realized the positive impact that knowledge-sharing platforms like Confluence can have on team collaboration.
  • Project Highlight
  • News Automation project saved $15k> annually and became the biggest cost saving project to be implemented.
ASP.NETMicrosoft SQL ServerjQueryProcess AutomationLean Six SigmaTeam Management+6

Vodafone india services pvt. ltd.

Marketing - Communication

Jun 2012Sep 2012 · 3 mos · Kolkata Area, India · On-site

  • During the internship with Vodafone, I tackled the challenge of the company's persistent underperformance in 3 specific markets within their otherwise dominant West Bengal circle. My approach was rooted in data-driven methodology, I designed and administered detailed customer surveys, gathering firsthand insights through extensive fieldwork across the target regions. The subsequent rigorous analysis of this data allowed me to pinpoint the key factors behind Vodafone's struggles in these areas, culminating in the development of a tailored pre-paid product strategy aimed at reversing their fortunes.
  • What I learned:
  • Even market leaders can have blind spots, and that a willingness to confront underperformance is crucial for sustained success.
  • Discovered the power of combining qualitative and quantitative data to gain a comprehensive understanding of complex problems.
  • Understood that true innovation often lies in the details, and that on-the-ground research can reveal insights that traditional analysis might miss.
  • Realized the importance of translating data-driven insights into actionable strategies that directly address specific challenges.
Market ResearchSurvey DesignData CollectionData AnalysisReport WritingStrategic Thinking+4

Education

Schulich School of Business - York University

Master of Business Administration - MBA

Sep 2021Apr 2023

JAGSoM - Jagdish Sheth School of Management

Masters — Business Analytics

Jan 2014Jan 2016

West Bengal University of Technology, Kolkata

Bachelor of Technology — App Electronics & Instrumentation

Jan 2008Jan 2012

Vikas Vidayaniketan, Vishakhapatnam

CBSE - Class XII

Jan 2007Jan 2008

B D Memorial International School, Kolkata

CBSE - Class X

Jan 2005Jan 2006

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