Naresh Babu Panchumarthi

Experience

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  Axis Bank

  Jul 2011 - Apr 2015

  Manager

  Served as the one-point contact to the High Net Worth clients of the Bank with professional customer service to achieve a high percentage of customer satisfaction and retention, Addressed client's needs and built financial plans while striving to outperform and exceed prior profitability and revenues.

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  Sriven Info Consultants India Private Limited

  May 2015 - Jan 2016

  Business Head - India

  Heading the IT development, Consulting and Staff augmentation services.Supporting the overall process of management and corporate decision making to ensure the organization maximizes its Short, Medium and Long term profitability.Liaising with vertical heads on the implementation of company's strategic and operational plans.Developing, leading cohesive teams and Generating new business relationships.

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  Kotak Mahindra Bank

  Aug 2016 - Jun 2018

  Branch Manager
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  Tamohara Investment Managers

  Jul 2018 - Apr 2019

  Channel Manager- South Region

  Managed distribution channel in South regionAcquired new IFA and National distributors relationships Deepened relationship with the existing channelsAcquired new business from bank channel

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  PROFIT BLOOM PRIVATE LIMITED

  May 2019 - now

  MD and CEO

  Profit Bloom is a pioneer in portfolio management space with a completely innovative approach. We build the models to extract the data available on public domains and try to convert that into information with Artificial Intelligence. Using that information, We build machine learning models to make investment decisions without human participation in the process. We are trying to eliminate the dependency on Portfolio Manager/Fund manager/Research analyst. For any portfolio management company, Costly inventory remains the role of Portfolio/Fund manager and it also comes with an extra cost of attrition. It is an established fact that machines can excel at performing certain actions than humans, provided that they are trained well. That is exactly we are trying to do. We built and tested few models and running them successfully on our proprietary capital. Currently, We are in the process of applying for SEBI's Portfolio Manager license to offer these models to manage outside money. Everyone has access to the information, but we just know how to analyze it better! Show less