Professional Summary
Ankit Bansal is the Co-Founder and Chief Technology Officer (CTO) of Shopflo, a Bangalore-based e-commerce enablement startup. Shopflo develops checkout software aimed at improving the shopping experience for India's smaller e-commerce brands. The startup was co-founded by Ankit Bansal, Ishan Rakshit, and Priy Ranjan in 2021.
Professional Background
Ankit Bansal has an extensive background in software engineering and technology. His career trajectory includes roles such as:
- Co-Founder & CTO at Shopflo
- Lead Software Engineer
- Software Engineer
Ankit has previously worked for major companies such as Oracle, Gupshup, and the Institute for Infocomm Research. Additionally, he has interned at SanDisk.
Educational Qualifications
Ankit holds multiple degrees from prestigious institutions:
- Bachelor of Engineering in Computer Science from the National University of Singapore (2015)
- Master's Degree in Virtual Information Processing (Machine Learning) and Embedded Systems from Indian Institute of Technology, Kharagpur
- Bachelor's Degree in Electrical, Electronics, and Communications Engineering from Indian Institute of Technology, Kharagpur
He also has certifications from Coursera in Design Thinking for Innovation and Structuring Machine Learning Projects.
Achievements and Recognition
- Recognized in the Forbes 30 Under 30 Asia 2024 alongside co-founders Ishan Rakshit and Priy Ranjan.
- Shopflo raised $2.6 million in seed funding in May 2022. This funding round was led by Tiger Global and TQ Ventures, making Shopflo one of the few Indian startups to receive seed funding at a pre-product stage.
Company Overview: Shopflo
Shopflo specializes in developing checkout software tailored to enhance the e-commerce experience for smaller Direct-to-Consumer (D2C) brands. The platform aims to improve conversion rates and personalize the checkout experience across different brands. As of the latest updates, Shopflo has partnered with:
- Six merchants, including leading D2C firms and a roll-up commerce brand.
- Payment gateways such as Razorpay and Cashfree to offer seamless checkout payments.
Key Milestones
- Company Establishment: Founded in 2021 in Bangalore.
- Funding Milestone: Raised $2.6 million in seed funding as of May 2022.
- Growth Plans: Aiming to scale its product to 150 online merchants and process up to $300 million in gross merchandise value (GMV) checkouts within the fiscal year.
- Partnerships: Collaborations with various merchants and leading payment gateways to enhance the checkout process.
Professional Interests and Activities
Ankit Bansal frequently shares updates, insights, and professional milestones on platforms like LinkedIn:
- Celebrated Shopflo's second anniversary with a company event in December 2023.
- Participated in industry events and activities, including overseas trips to the Bay Area, USA, and sponsoring and organizing D2C mixers.
Online Presence and Contact
- LinkedIn: [Ankit Bansal on LinkedIn](https://www.linkedin.com/in/iankitbansal)
- Twitter: [@ibansalankit](https://twitter.com/ibansalankit)
Notable Team Members
- Roopsi Gupta - People Lead
- Apoorv Agarwal - Software Developer
- Leesha Agarwal - Growth Lead
This comprehensive profile of Ankit Bansal outlines his role and achievements at Shopflo, providing a robust background for any strategic business conversations.
