Bengaluru, NFAPost: Raghunath Subramanian joins Actyv.ai, an enterprise SaaS platform with BNPL for B2B embedded, as the Cofounder, Global CEO and Executive Chairman.
He has been an early investor in the company and will bring in technology, entrepreneurial and corporate expertise in his new role. He will be leading Actyv.ai’s journey to take the BNPL x AI platform to Enterprises, SMBs and Banks / Financial Institutions across the world.
With more than two decades of experience in technology, Raghunath Subramanian has been a pioneer in the Robotic Process Automation (RPA) & business process management (BPM) space and has been instrumental in evolving it into an industry.
He was a founding management member of UiPath and worked closely through UiPath’s evolution from Single Digit Million-dollar company to Multi-Billion dollar Enterprise and NYSE Listing. He was UiPath’s India Chairman.
Raghunath Subramanian is also an active board member and investor in successful companies like BritishVolt, Simple Energy, Tender Cuts, Social Swag amongst others, in his portfolio.
In his new role, Raghunath Subramanian said the trinity of Enterprise, SMBs and Financial Institutions are the backbone of every economy and the need of the hour is to transform them Digitally, use AI/Data Science to solve their biggest problems.
“Issues in the enterprise supply chain ecosystem which Actyv.ai addresses are global issues. The great minds at Actyv.ai have built a platform for quick and efficient onboarding, 360 degree financial health assessment and scoring of SMEs and BNPL for B2B with the smart use of AI,” said Raghunath Subramanian.
He also said that there is tremendous scope to transform the entire supply chain ecosystem. “Given the promise of Actyv.ai, the size of the market and the enormous potential impact, I am very excited to be an active part of this journey.” One of the core focus of Raghu will be Global Expansion and he will be based out of Dubai and Singapore,” said Raghunath Subramanian.
Speaking about this exciting development, Actyv.ai Cofounder and COO Ramkumar Thirumurthi said from being an Investor and Mentor, to now being part of the day to day operations, the company is honoured to have Raghu onboard Actyv.ai.
“His ability to build companies of scale, business acumen and well demonstrated execution capabilities will power us to a different orbit. We look forward to building a global brand and being a force to reckon with,” said Actyv.ai Cofounder and COO Ramkumar Thirumurthi.
Actyv Cofounder and CTO Raghu Venkat adds Raghu has perfected the art of building great AI powered technology companies solving real business needs. We are super excited.
About Actyv
Actyv.ai is an easy to adapt Enterprise SaaS low-code no-code platform. It is used by large enterprises to transform their supply chains and to empower their supply chain partners. Enterprises can scout for partners via the platform and appoint/onboard them digitally.
During the onboarding process, Actyv.ai checks for errors and frauds in the partner’s documents and then analyses the data extracted to create the partner’s Financial Health Report and Actyv Score. Based on these, the partner gets access to closed-loop bank credit – BNPL for B2B – which it can use as working capital.
Actyv.ai counts Raghunath Subramanian (Raghu) as co-founder and CEO. Prior to joining Actyv, Raghu was Chairman India for NYSE listed UiPath.
