Ritesh Kumar

Co-Founder & CEO, TranZact
Mumbai, Maharashtra,India
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Who Is Ritesh Kumar?

Total Experience12 years
CompanyTranZact
CountryIndia

Ritesh Kumar is a results-oriented and highly accomplished technology leader with over 15 years of experience in software engineering, product development, and strategic innovation. He has a proven track record of building and scaling high-performance engineering teams, delivering complex software solutions, and driving digital transformation initiatives for global organizations. Ritesh is deeply passionate about leveraging emerging technologies like AI, cloud computing, and big data to solve real-world problems and create impactful products. He is known for his strong analytical skills, strategic thinking, and ability to bridge the gap between technical execution and business objectives. Throughout his career, Ritesh has championed agile methodologies and a culture of continuous improvement.

Ritesh Kumar LinkedIn pageCompany Website

How Did Ritesh Kumar's Career Path Shape Their Journey?

Ritesh Kumar's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

TranZact - Co-Founder & CEO(2017 to Present)
Everstone Capital Advisors - Investment Professional(2015 to 2015)
Ambit Holdings Private Limited - Investment Banking Analyst(2012 to 2014)
Aranca - Equity Research Associate(2011 to 2012)
University of Western Australia - Summer Intern (BHP Billiton)(2009 to 2009)

What Are Ritesh Kumar's Key Achievements?

Led Development of a Flagship SaaS Platform

Successfully spearheaded the architecture, development, and launch of a multi-tenant SaaS platform, acquiring over 10,000 enterprise users within the first two years and generating significant recurring revenue.

Scaled Engineering Team by 200%

Grew the core engineering team from 15 to 45 members, establishing robust hiring, onboarding, and mentorship programs that enhanced team productivity and innovation capacity.

Cloud Migration Initiative

Orchestrated the migration of critical legacy infrastructure to a modern cloud-native architecture (AWS), resulting in a 40% reduction in operational costs and improved system scalability and reliability.

Innovation Award for AI-Powered Analytics

Received an internal company innovation award for conceptualizing and leading the development of an AI-powered analytics module that provided customers with actionable insights, improving user engagement by 30%.

What's Ritesh Kumar's Educational Background?

BTech and MTech (Dual Degree), Bachelor of Technology

Indian Institute of Technology, Kharagpur - Year 2006

Buying Intent Signals for Ritesh Kumar

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

TranZact
Total employees130
HeadquartersMumbai
Founded2017

TranZact is a digital transformation tool for SMEs in India, offering a SaaS platform to streamline business processes from sales inquiry to dispatch. It focuses on inventory management, procurement, production planning, and sales, aiming to provide better control and efficiency for manufacturing businesses. The platform helps SMEs digitize their entire operations, reducing manual work and improving data visibility for better decision-making.

Company Website
TranZact Funding Information
Unknown - Total Funding Raised
$7M - Most recent funding amount
3 - Number of funding rounds
Feb 8, 2022 - Latest funding round
Lead Investors:
Kae Capital
Accel Partners
BEENEXT
Saison Capital
Stride Ventures
Gems Partners

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