Our Team

Team

The Founders of PayCraft came together with a common dream to amalgamate the traditional complex worlds of “Fare Collection” and “Banking” to make Travelling an effortless experience. Travelling is a necessary evil and we firmly believe that our daily travel experience using public transport can potentially affect efficiency at work. While there are several aspects of providing an outstanding travel experience, PayCraft decided to focus on making travel simpler by making Financial transactions simpler for the purpose of travel. Simply put, we combined the EMV and QR technologies to offer a pleasant travel experience to the daily commuter.

Board of Directors

PT Suresh

Founder

PT Suresh

Founder

A well known name in the cards and payments Industry, PT Suresh is credited as being a visionary to launch India’s first Fleet Card program way back in the 1990’s during his early days of career at one of India’s Largest Oil Marketing Company, Hindustan Petroleum. Being associated with various Government Bodies in India and Global Banking and Card networks, PT has been instrumental in giving India its National Common Mobility Card (NCMC) and the National Electronic Toll Collection (NETC). He founded PayCraft in 2013 with a vision to make public transport hassle free. As Chairman of PayCraft, PT is a guiding light to the young management team of PayCraft.

Ravi Jain

Co-Founder

Ravi Jain

Co-Founder

A first-generation entrepreneur and a Payments Technology Enthusiast, Ravi saw an opportunity in the Indian FinTech space to bring in a unique solution offering which could solve a lot of problems. Problems that were limiting the banking fraternity from expanding into nontraditional businesses. With his experience of working with a large multinational bank and a global consulting organization, Ravi has spearheaded PayCraft’s growth ever since he started it in 2013.

Sunil Kaushal

Director Delivery & Operation

Sunil Kaushal

Director Delivery & Operation

Sunil has more than 20 years of experience in IT delivery and consulting roles with customers in UK, USA, Middle East, AsiaPac, Continental Europe and Nordic countries. He has led and managed time critical flagship projects involving local business and IT stakeholders and global software development teams to bring about transformation on card and banking platform integrated with in-house application for global banks in UK and Europe. He has always been an out of the box thinker who manages to come up with innovative solutions.

Ambarish Parekh

MD & CEO

Ambarish Parekh

MD & CEO

Mr. Ambarish Parekh is a Chartered Accountant with 25+ years of entrepreneurship experience in Payments, Education and Road Safety. He has been a pioneer in bringing in cutting-edge International Road Safety models to India. He had successfully built an Education brand across 1000 cities empowering 100K + students. He is also credited with India’s first Youth Card built on Open Loop Prepaid System and has also created a tech enabled platform for providing financial inclusion services to rural India.

Pankaj Ganguly

Director, IT Infra & Process Improvement

Pankaj Ganguly

Director, IT Infra & Process Improvement

Pankaj Ganguly has been a key enabler in establishing industry standard IT processes and policies at PayCraft which has helped a young organization like PayCraft establish itself as a mature product focussed fintech company. With over 2 decades of industry experience, Pankaj leads the information security, compliance and IT infrastructure functions of the organization. A go-getter at core, Pankaj has been credited for getting PayCraft though some of the toughest compliances and certifications like ISO, PCI DSS etc in record time.

senior management team

Neha Singh

AVP- HR

Neha Singh

AVP- HR

She has been instrumental in establishing/ standardizing the HR systems and key processes from scratch, driving effective people management practices as the apex authority and accomplishing mission-critical results by spearheading various HR Projects. She has proven competencies in Business Partnering, Talent Management, Facilitation, Providing Consulting support, Vision/Mission Development, Driving Change Management initiatives and implementing OD Interventions. She drives initiatives for improving Employee Retention, established robust Performance Management Frameworks and enabled top talent across the organization.

Deepak Raj

AVP- HR

Deepak Raj

AVP- HR

Deepak Raj is a seasoned HR leader with 12 years of expertise in strategic HR management, talent acquisition, and policy implementation. He excels in fostering positive workplace cultures, managing complex employee relations, and ensuring legal compliance. Committed to enhancing employee satisfaction, Deepak delivers HR proficiency across people strategies, talent planning, and engagement initiatives. His strengths lie in change management, HR branding, and effective stakeholder communication. Notable accolades include active participation in Toastmasters and winning various speech contests. Deepak possesses excellent presentation skills and operates seamlessly at both tactical and strategic levels

Sachin Garg

Leader – Transit Products

Sachin Garg

Leader – Transit Products

As one of the youngest leaders at PayCraft, Sachin leads the Transit Solutions product unit. Having delivered more than half a dozen of the most complex transit solutions in India including metro, BRT and city bus systems, Sachin brings the domain knowledge and creativity to solve the commuters’ problems every day. Sachin, with his team of energetic young creative people, is designing world’s most advanced Automated Fare Collection Solution for transit operators which will change the way world sees urban commuting.

Sanjay H. T.

AVP, Technology

Sanjay H. T.

AVP, Technology

20 (7 Years cloud) years of experience in the IT industry and extensive experience in Analysis, Design, coding, Development, implementation and cloud hosting solutions for various business and customer applications. he has the ability to understand Migration requirements and bridge the gaps. Expertise in architecture blueprints and detailed documentation. Responsible for Technology Program Management of multiple AFCS projects. Hands-on approach to leadership Lead the Application Development teams and Enforce Policy Management, Project Planning, and IT Audit and Compliance, Resource planning and allocation Own the overall solution architecture

Yogesh Shetye

President – Strategic Business
Partnership & Alliances

Yogesh Shetye

President – Strategic Business
Partnership & Alliances

Yogesh is an experienced business and sales professional with more than 20+ years of experience in working with India’s largest private Bank and Big4. He has led the complex engagements in BFSI domain which majorly includes AFC, Transit, payments and certain retail banking products. He led and mentor the team to deliver the multiple projects which includes smart city digitization, metro transit implementation, technical evaluation of payment system and business processes.