Sumit Somani Email & Phone Number

Bengaluru, Ka, In

Bengaluru, Karnataka, India

- Built a B2B2C SaaS solution GGX (from 0 to 1) for game developers to enable a seamless in-game trading marketplace for trading virtual in-game assets on the blockchain- Launched a first party game ‘Striker’ on GGX which achieved an outstanding annual run-rate of $9 million GMV, in just nine months post launch- Supervised two strategic projects - MPL Originals and Esports broadcasting and streaming platform as part of the CEO's office- Part of team responsible for building and… Show more - Built a B2B2C SaaS solution GGX (from 0 to 1) for game developers to enable a seamless in-game trading marketplace for trading virtual in-game assets on the blockchain- Launched a first party game ‘Striker’ on GGX which achieved an outstanding annual run-rate of $9 million GMV, in just nine months post launch- Supervised two strategic projects - MPL Originals and Esports broadcasting and streaming platform as part of the CEO's office- Part of team responsible for building and launching couple of games - both first party and third party game Show less

Mumbai, Maharashtra, India

- Sourced and evaluated investment opportunities in growth and late-stage tech companies in India. - Analyzed over 80 companies during this period

Noida Area, India

- Led product management for customer risk function across all Paytm verticals including Payments, Wallet, UPI, Marketplace, Banking, Commerce and Buy Now Pay Later (BNPL) for over 5 years- Reduced system abuse by 60%; device and account takeover frauds by over 90% and card takeover frauds by nearly 50% in 6 months by combining machine learning models with risk management strategies- Designed and implemented fraud prevention engine which evaluated over 200+ million requests daily-… Show more - Led product management for customer risk function across all Paytm verticals including Payments, Wallet, UPI, Marketplace, Banking, Commerce and Buy Now Pay Later (BNPL) for over 5 years- Reduced system abuse by 60%; device and account takeover frauds by over 90% and card takeover frauds by nearly 50% in 6 months by combining machine learning models with risk management strategies- Designed and implemented fraud prevention engine which evaluated over 200+ million requests daily- Led a team of 4 product managers and coordinated engineering teams across three geographies - India, China and Canada- Developed an in-house customized near real-time transaction monitoring system driving a significant 600% growth in fraud recovery- Conceived marketplace seller risk score and nudged to improve seller performance by ~20% across important customer satisfaction metrics- Led program management for the deployment of the AML CFT system along with handling vendor negotiations and vendor relationships- Created machine learning models for data-led growth and engagement initiatives for Paytm wallet- Led the management of 200+ member operations team which handled customer and law enforcement fraud related queries- Conducted over ten seminars across the country educating and training over 1000 law enforcement and police officials about cybersecurity, cyber fraud and fraud investigation- Represented Paytm in regulatory and industry bodies such as RBI, FIU (Ministry of Finance), Ministry of Electronics and Information Technology, Ministry of Home Affairs, DSCI, NPCI and NASSCOM Show less

Delhi, India

- Collaborated with clients across five sectors (Metals & Mining, Telecom, Banking, Auto, Government) to identify and implement strategic initiatives across cost optimization, organization design, and performance improvement- Implemented strategic initiatives to deliver sustainable cost savings for a Telecom company to save more than $50 million annually- Created strategic interventions for growth of affluent banking offering of one of India’s largest private sector bank- Designed… Show more - Collaborated with clients across five sectors (Metals & Mining, Telecom, Banking, Auto, Government) to identify and implement strategic initiatives across cost optimization, organization design, and performance improvement- Implemented strategic initiatives to deliver sustainable cost savings for a Telecom company to save more than $50 million annually- Created strategic interventions for growth of affluent banking offering of one of India’s largest private sector bank- Designed and deployed operational improvement and performance management program as part of the $2 billion EBITDA group’s Chairman and CEO Office Show less

Hong Kong

- Developed tools like Market Distress Leading Indicator, Vol Percentile Viewer, and Lentz Volatility Indicator while working at OTC Equity Derivatives Trading desk

Hyderabad, Telangana, India

- Reengineered Google apps internal reporting dashboard system allowing to add data for a new app extremely simple and time-efficient, which helped reduce developer time from more than two weeks to a few hours- Received a Pre Placement Offer (PPO) for Software Engineer for the impressive work done at the internship

Master Of Business Administration (Mba), Business Administration And Management, General, 3.752/4

Activities and Societies: Beta - Finance Club, - Institute Rank 3 (Gold Medallist) - Specialisation in Finance and Economics

Bachelor Of Technology (Btech), Computer Science, 9.6/10.0

Activities and Societies: Debating, - Graduated along with Honors in Computer Science and Engineering with specialisation in Machine.

10+2, Science

Activities and Societies: Debate Team, Scholastic Readers Club Secured 96.5% in10th Class and 95% in 12th Class.