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Ajay Prasad
Entrepreneur, Start up - Mentor, Payment ecosystem consultant
Ajay Prasad is a seasoned senior management leader with a rich background in new business setup, P&L management, strategy formulation, and execution, along with mentoring and strategic consultancy.
With hands-on experience in establishing new ventures from the ground up, Ajay has a strong focus on scaling businesses across major South Asian countries, particularly in retail, payments, and consumer-related sectors.
Passionate about guiding startups and sharing insights to propel their growth, Ajay actively mentors emerging businesses and has contributed as a mentor at Tie - Pune for the Best Startup competition.
His leadership philosophy emphasizes grasping business dynamics, motivating teams, enhancing efficiency through streamlined processes, and creating market differentiation to drive strategic investments.
Ajay advocates for a culture of idea exchange, teamwork, and fostering leadership across all levels within an organization, empowering employees to make informed decisions in a controlled setting.
Specializing in mentoring, new business establishment, P&L management, and scalability, Ajay's domain expertise spans retail, consumer goods, and payment processing encompassing various aspects like card acceptance, e-commerce, POS systems, online payments, credit and debit cards, as well as product positioning and strategy development.
Ajay's professional journey has equipped him with profound insights into the technological and operational facets of the electronic payment processing landscape, including setting up systems like Switch, MMS, and other applications, handling debit/credit transactions, PIN-based processes, cash handling at POS, VAS services, and network connectivity, settlements, and more.
In terms of education, Ajay completed his PGDM in Marketing from IMDR, holds a B.Sc in Physics Honors, pursued I.Sc in Physics, and finished his Metriculation schooling.
His career includes roles such as Founder Director at Rise Retail & Payment Solutions Pvt. Ltd., Business Head of PoS Programs at Artha Payment Solutions Pvt. Ltd., Business Head of Merchant Acquiring Business at Prizm Payment Services Pvt Ltd, Regional Sales Manager for Western & Central India and Sri Lanka at Merchant Solutions Pte Ltd., Manager at HSBC Global Payments, Manager at ICICI Bank, and a stint in Corporate Sales at TNT Worldwide.