Sougata Basu Email and Phone Number
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I am a fintech entrepreneur and have developed an intelligent investment app called CashRich (www.cashrich.com) for investments in India. As a wealthtech company, our vision is to provide high quality wealth management services using a simple and convenient mobile app. Prior to CashRich, I managed close to USD 2 billion investments for the Tata Steel Group. Previously, I managed portfolios of ultra-high-net-worth individuals as an Investment Consultant with UBS in Boston.Post my schooling at La Martiniere for Boys, Kolkata, I graduated with a degree in Electrical and Electronics Engineering from the Birla Institute of Technology (BIT), MESRA, Ranchi. I attended the MS-MBA dual degree program at the Boston University School of Management, USA, which was almost fully funded with three prestigious scholarships. The dual degree comprised an MBA in Finance and an MS in Information Systems. I have passed all the three levels of the CFA exam conducted by the CFA Institute, USA.As an MBA intern at Ardour Capital Investments, I developed financial models for valuation and wrote sell-side equity research reports. I have also worked as a Financial Analyst intern at Boston Financial & Equity Corporation, a venture capital firm at Boston that financed several startups including Twitter.I began my post-MBA career at Bombay House (Tata Group's corporate headquarters in Mumbai, India) as Manager, Investor Relations. I was promoted to the position of Senior Manager, Treasury to take charge of Tata Steel’s cash management, mutual fund investments, retirement fund management (PF, Gratuity and Superannuation fund), foreign exchange trading and working capital management.Expertise:1. Managing money: Have been involved in various aspects of investment management2. Conducting training: Have been a guest speaker at corporate events, business schools and engineering colleges to conduct workshops on money management, fintech and financial modelling in MS-Excel
Cashrich
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Founder, Cashrich Investment AppCashrich Apr 2016 - PresentMumbai, Maharashtra, InCashRich app is an intelligent investment app that helps users to grow their money more confidently. It is used by thousands of users for mutual fund investments in India. It is available for both Android and iOS users here: http://onelink.to/cashrich -
Senior Manager, TreasuryTata Steel Apr 2014 - Mar 2016Mumbai, Maharashtra, In• Managed Treasury operations, including cash management, investments, foreign exchange management, hedging, risk management, hedge accounting and compliance. The total asset under management (AUM) was around USD 2 billion.• Managed the retrial fund investments, i.e. Provident Fund, Gratuity, Superannuation and Employees’ Pension Fund for Tata Steel• Have experience in fixed income and equity portfolio management• Possess a good understanding of various investment products including mutual funds, structured products and alternative investments• Have partnered with Accounting and FP&A in the cash forecast process• Ran the Cash Flow at Risk (CFAR) Model for analytical decision-making• Advised the Tata Steel Group companies to manage their surplus cash investments and retirement fund portfolio• Developed innovative approaches towards foreign exchange risk management and executed hedging transactions (option structures, interest rate swaps, etc.)• Set up and renewed banking lines to meet the working capital requirements of the company• Negotiated and executed the necessary agreements for fund-based and non-fund-based facilities sanctioned to the company by various banks• Managed trade finance operations including import payments against Letter of Credit, direct remittance as per contract, export collection, arranging buyer’s credit, supplier’s credit and discounting of local credit sales• Manage investments for various Retirement Funds like Provident Fund and Gratuity• Developed IT systems to manage liquidity, cash flow projections and data on hedges -
Manager, TreasuryTata Steel Jun 2013 - Mar 2014Mumbai, Maharashtra, In• Responsible for reviewing and recommending changes to investments policies as necessary, based on business outlook and market conditions• Managed daily cash flow and the execution of investment strategies, including all the aspects of in-house investment portfolios as well as monitored and reported investment results• Ensured the deployment of surplus funds and adequately planned for shortfall/deficit funds on daily basis and ensured budgeting, proper accounting and internal controls• Analysed financial data and capital market developments to create, run and maintain treasury programmes and initiatives• Verified, validated and updated the various financial models for investments in JVs, subsidiaries, etc.• Supported the implementation of a Global Treasury Management System for efficient global cash management, effective controls and real-time reporting• Updated and maintained Treasury policies and procedures including regulatory guidelines -
Manager, Investor RelationsTata Steel Sep 2010 - May 2013Mumbai, Maharashtra, In• Received training on the global best practices in Investor Relations and Financial Communications from MZ Group, a world leader in Investor Relations Consulting• Worked with senior management to raise capital by participating in roadshows and interacting with investors, brokers, analysts and the media. Participated in the FPO roadshows in January 2011 to raise ~ USD 760 million.• Proactively gathered, assimilated and highlighted the key market/investor sentiments to the senior management including the Group CFO and suggested relevant actions• Represented Tata Steel at various national/international-level investor conferences and interacted with major global investors• Tracked and analysed global competitors to suggest strategic inputs for decision making• Analysed shareholder movement, including that of FIIs and Mutual Funds, and anticipated the impact of these changes• Summarized the report on brokers quarterly result update for Tata Steel and its key competitors• Managed the Investor Relations website, IR CRM systems and created web/mobile apps for data management• Managed the initiatives under the Finance Transformation Project that improved the systems and processes of the departmentOther Achievements:1. Initiated the DJSI application that resulted in Tata Steel entering the Dow Jones Sustainability Index (DJSI) Emerging Markets2. Revamped Tata Steel's IR website that was subsequently ranked#1 in India in 2012-13 by IR Global Rankings -
Investment ConsultantUbs Nov 2009 - Apr 2010Zurich, Ch• Worked with the Regional Consulting team of UBS Wealth Management at Boston (an in-house Portfolio Strategy Consulting group that works with financial advisors to manage portfolios of ultra-high-net-worth clients)• The role involved understanding the investment strategies of different asset managers and choosing the best products to suit clients' needs -
Research AssistantBoston University School Of Management May 2009 - Dec 2009Boston, Ma, Us• Worked as a Research Assistant for Prof. Iain Cockburn, Professor at Boston University School of Management -
Financial Analyst InternBoston Financial & Equity Corporation Jun 2009 - Aug 2009Boston, UsBoston Financial & Equity Corporation is a venture debt firm and specializes in equipment leasing worth $1 million to $6 million• Studied the business plans of various startup companies and developed financial models to analyze credit risk -
FounderDaulatguru.Com Apr 2009 - Jun 2009In• Started a forum for finance students and professionals in India• This forum helps students prepare for finance exams and gather relevant information related to professional certifications such as CFA and FRM -
Equity Research InternArdour Capital Investments Feb 2009 - Jun 2009UsArdour Capital Investments, LLC is an investment bank focusing on alternate energy and cleantech companies. • Was involved in equity research and valuation of various cleantech companies• Wrote research reports and attended quarterly conference calls• Developed financial models for valuation using discounted cash flow and comparable company analysis -
Graduate TraineeTata Steel Jul 2006 - Aug 2008Mumbai, Maharashtra, In• Led 60 employees to implement Daily Management (Quality Control) tools and trained them on Safe Working Procedures including Positive Isolation• Analyzed process parameters using Statistica and MS-Excel modeling to reduce electrical delays which increased production by 8%• Developed Description of Total Quality Management Practices (DTQMP) for Deming Challenge, a prestigious award in Quality• Implemented Total Productive Maintenance (TPM) to decrease customer complaints and increase delivery compliance to 100%• Initiated SAP PM implementation to develop an effective resource management system• Led the planning and budgeting of a re-heating furnace project• Designed the Disability Management intranet site that helped in providing online services -
InternTata Steel May 2005 - Jul 2005Mumbai, Maharashtra, In• Successfully completed a project to design an instrument to measure bulk density of stamped coal cake• Received Tata Steel Scholarship and job offer directly from the Vice President, Tata Steel
Sougata Basu Skills
Sougata Basu Education Details
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Questrom School Of Business, Boston UniversityFinance -
Birla Institute Of Technology, MesraElectrical & Electronics -
La Martiniere For BoysScience -
Dns, Maithon
Frequently Asked Questions about Sougata Basu
What company does Sougata Basu work for?
Sougata Basu works for Cashrich
What is Sougata Basu's role at the current company?
Sougata Basu's current role is Founder, CashRich | Fintech Entrepreneur | Managed ~USD 2 billion investments for Tata Steel.
What is Sougata Basu's email address?
Sougata Basu's email address is so****@****ail.com
What schools did Sougata Basu attend?
Sougata Basu attended Questrom School Of Business, Boston University, Birla Institute Of Technology, Mesra, La Martiniere For Boys, Dns, Maithon.
What skills is Sougata Basu known for?
Sougata Basu has skills like Financial Modeling, Business Strategy, Strategy, Corporate Finance, Valuation, Financial Analysis, Mergers And Acquisitions, Portfolio Management, Business Analysis, Analysis, Finance, Management.
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