Sumit Jasoria - Co-Founder, Entrepreneur, and Investor

Professional Overview

Sumit Jasoria is a seasoned entrepreneur, investor, and digital transformation expert with a proven track record of driving innovation and growth across the technology and e-commerce sectors. As the Co-Founder of NEWME and a Partner at FairAngels.Vc, he leverages his extensive industry experience and entrepreneurial acumen to support the success of startups and scale-ups.

Experience Summary

Current Roles

Co-Founder, NEWME (2022-05-01 to Present)

• Co-founded NEWME, a cutting-edge technology company pioneering solutions in the artificial intelligence and machine learning domains

• Responsible for setting the strategic vision, leading the product development, and driving the overall business growth

Partner, FairAngels.Vc (2021-07-01 to Present)

• Serves as a Partner at FairAngels.Vc, a venture capital firm focused on investing in promising startups and scale-ups

• Actively involved in the investment selection process, portfolio management, and providing strategic guidance to portfolio companies

Director, Misfit Technologies Ltd. (2018-06-01 to Present)

• Serves as a Director on the board of Misfit Technologies, a leading technology solutions provider

• Contributes to the company's strategic decision-making, oversees operations, and supports the implementation of digital transformation initiatives

Career Progression

Prior to his current roles, Sumit held several leadership positions, including:

• Advisor and Investor at Happihub (2019-08-01 to 2024-01-01)

• Managing Director - India at Meero (2019-08-01 to 2022-05-01)

• Digital Transformation Consultant at South East Asia (2018-06-01 to 2019-08-01)

• Regional Managing Director and Managing Director at Rocket Internet SE (2016-05-01 to 2018-05-01)

• Marketing Head - E-commerce at Rocket Internet SE (2015-02-01 to 2016-04-01)

• Marketing, DTH Services at Bharti Airtel Limited (2012-07-01 to 2015-02-01)

• Business Development Manager and Management Trainee at Godrej (2011-06-01 to 2012-06-01)

• Software Engineer at Infosys Technologies Ltd (2007-07-01 to 2009-06-01)

Throughout his career, Sumit has demonstrated a strong ability to drive digital transformation, launch successful e-commerce ventures, and guide companies through periods of rapid growth and change.

Academic Background

Sumit holds a Bachelor's degree in Engineering from the Faculty of Management Studies, Delhi.

Areas of Expertise

• Entrepreneurship and startup ecosystem

• Digital transformation and technology innovation

• E-commerce strategy and operations

• Venture capital and investment management

• Strategic planning and business development

• Cross-functional team leadership and collaboration

Professional Impact

• Co-founded NEWME, a pioneering AI/ML technology company, and secured significant funding and client partnerships

• Served as a key strategic advisor and investor for Happihub, contributing to the company's growth and expansion

• Spearheaded digital transformation initiatives at Meero and Misfit Technologies, driving operational efficiencies and revenue growth

• Played a pivotal role in the expansion and success of Rocket Internet's e-commerce ventures in South East Asia

Conclusion

Sumit Jasoria is a dynamic and multifaceted professional with a strong entrepreneurial spirit and a deep passion for driving innovation and growth. With his extensive experience in the technology, e-commerce, and venture capital domains, he is poised to continue making a significant impact in the industry. As a co-founder, investor, and strategic advisor, Sumit is committed to leveraging his expertise to support the success of startups, scale-ups, and established companies alike.