Prakshal Gangwal is a Director and CEO at Ratel Fintech.
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Director And CeoRatel FintechGurugram, Hr, In -
Founder & CeoOptionx.Trade Jun 2023 - PresentGurugram, Haryana, India -
Senior ConsultantGdi Partners Mar 2023 - May 2023New Delhi, Delhi, IndiaWorked with the Ministry of Rural Development to implement LokOS Project across all states, a Digital India initiative to transform the functioning of millions of Women Self Help Groups (SHGs). SHGs consist of 10-20 women in rural India who convene weekly to address community-related concerns, pool collective deposits, and provide financial assistance to one another for personal and small business purposes. -
Co-FounderCab Compare Feb 2022 - Feb 2023Gurugram, Haryana, IndiaA SaaS based marketplace solution for urban mobility. Scaled to 1M+ organic users, 20K+ DAU, 175K+ MAU.https://mobility.whichone.in/
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Option Trading Consultant (Quant)Project Takshashila (Prop Desk) Jan 2021 - Jan 2022New York, United StatesStrategized multiple option trading algorithms with capabilities like autonomous selection of algo and parameter optimization based on market conditions and volatility. These algos were super focused on leveraging option greeks using Black Scholes model with subtle overlay of risk management concepts like Delta drifting, OI build-up/unwinding and high beta strike selection.
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Co-FounderSafepay India Sep 2021 - Dec 2021Gurugram, Haryana, IndiaAn alternate authentication mechanism for digital payments. (Internet and mobile payments). Uses Interactive Voice Response technology as an additional factor of authentication which by design solves the vulnerabilities around One Time Password over SMS. A superior alternative to SMS based OTP that doesn’t allow fraudsters to exploit customers even if customers are tricked into sharing OTP. The solution is designed around proof of possession of the registered mobile number rather than the possession of OTP. Additionally, the use of IVR as an OTP input medium ensures that a fraudster cannot influence the customer while the transaction is being authenticated.
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Co-FounderEnquark Jan 2021 - Oct 2021Gurugram, Haryana, IndiaIOT enabled sensors and central control options for manufacturing and process industries that requires real-time and precise monitoring of temperature, humidity, CO2, NH3 in enclosed environment. -
Credit Risk ManagerAmerican Express Feb 2020 - May 2021New York, United StatesManaged Corporate B2B and Travel portfolio of AMEX, worked on designing products like CPR & FRP which were offered during Covid-19 pandemic as part of relief programs to SME businesses in US. -
Assistant Manager (Commercial Business)American Express May 2018 - Feb 2020Gurugram, Haryana, India -
Business Analyst (Portfolio Analytics)American Express Aug 2016 - Apr 2018Gurugram, Haryana, India -
Co-FounderMutex Locks Jul 2019 - Mar 2020Gurugram, Haryana, IndiaWe built an intelligent electronic door lock enabling controlled access for residential complexes. Door unit had wi-fi module to communicate with the hub, AGM sensors to detect door movement and alignment, battery & 12V DC power supply. Sharing E-keys, biometric scanning, inbuilt camera for live monitoring, automatic door locking, alarms and SOS integration.
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Fixed Income Stir Futures Trader (Brazil Market)Futures First Jul 2015 - Jun 2016Gurgaon, IndiaOutright, spread and butterfly trading of Interest Rate DI Futures and Real-Dollar Futures at Brazilian Stock and Derivative Exchange (BMF&BOVESPA).•Traded arbitrage calls in illiquid contracts generated from distortion in decade long interest rate curve.•Analyzed economic data releases and bond auctions that contribute to movements in underlying rates.•Analyzed bond yields spreads to derive correlation amongst different markets and Event Driven Investing, Fixed Income Arbitrages like Yield Spread Arbitrage, Swap Spread Arbitrage etc.•Objective assessment of Economic Indicators and Central Bank's monetary policies generating volatility in futures market. -
Derivatives TraderZerodha - The Discount Brokerage Apr 2014 - Jul 2014Bengaluru Area, IndiaDerivatives trading and client-side risk management through broker RMS, along with statutory and regulatory requirements for operating a lean brokerage firm in India. -
Derivatives AnalystBse Ltd. (Formerly Bombay Stock Exchange Limited) Apr 2013 - Aug 2013Mumbai Area, India
Prakshal Gangwal Education Details
Frequently Asked Questions about Prakshal Gangwal
What company does Prakshal Gangwal work for?
Prakshal Gangwal works for Ratel Fintech
What is Prakshal Gangwal's role at the current company?
Prakshal Gangwal's current role is Director and CEO.
What schools did Prakshal Gangwal attend?
Prakshal Gangwal attended Indian Institute Of Technology, Kharagpur.
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