MATCHER Data-Driven Innovation 2024

2 Apr – 28 Nov 2024 | Italy

Vikas Rungta

CEO and Founder

Ravity

London, United Kingdom

13 profile visitsStartup/Scaleup representative (MATCH.POINT)

Vikas a mobility leader who is transforming the world of mobility with the use of IoT, Big Data and complex ML/AI for a greener, sustainable and smarter future.

My organisation

Ravity

Ravity

Startup / Scaleup

London, United Kingdom

Ravity: Transforming Mobility with Connected Vehicle Intelligence, AI/ML, Big Data Ravity is a pioneering company with a revolutionary Connected Vehicle Platform. Launched just two years ago, this platform leverages the power of AI, Machine Learning, and Big Data to unlock the full potential of connected vehicle data. Some of the ways in which Ravity empowers the mobility economy are: Optimize Operations: Predict vehicle failures, extend parts life, streamline maintenance schedules and develop actionable insights, significantly reducing quality costs. Smarter Design & Development: Gain real-time insights from connected vehicles to accelerate design cycles and accelerate development of future generations of vehicles. Enrich information with vehicle specifications, geo location, weather, elevation, driver and multiple KPI for this purpose Sustainable Future: Monitor emissions, driving behavior, vehicle usage in real-time and implement targeted interventions to minimize environmental impact, enhance vehicle life and increased reusability. We're already collaborating with multiple Tier 1 OEMs across Asia and Europe, from passenger cars to heavy vehicles. Additionally, we're in discussions with leading mobility startups. This rapid traction is a testament to the significant business value Ravity delivers and the maturity of our platform. Ravity goes beyond internal optimization. We empower organizations to monetize connected vehicle data, generating new revenue streams through innovative services like fleet management, personalized service plans, vehicle repurchase etc. Partner with Ravity and unlock the true potential of connected mobility; invest in a safer, smarter and sustainable future.
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About me

Vikas is a seasoned mobility leader with 20+ years of experience driving innovation across IoT, Big Data, cybersecurity, and infrastructure. As CEO of Ravity, he leverages AI/ML and connected vehicle data to deliver innovative connected products like predictive maintenance, driver behaviour monitoring, asset utilization, parts reusability, regulatory compliance , transforming the mobility landscape.

This enables organizations to enhance customer experience, improve brand loyalty, increase JD Edwards rating, reduce cost of quality and fast track vehicle engineering

Experience:

  • CEO, Ravity (from 2022 onwards): Built a high-performing team, secured partnerships with major OEMs, and spearheaded product development for AI-powered mobility solutions.

  • Deputy COO, Tier 1 Automotive OEM (2020-2022): Launched 20+ connected car products, boosted revenue from $5M to $20M+, grew team from 40 to 200+ and established data monetization platforms.

  • Managing Director, Security Services (Europe), Accenture (Prior): Achieved 400% growth in the Managed Security Business. Led a team of 400+ professionals, managed global deliveries and clients.

Passion:

Vikas is a sustainability advocate who believes in using connected vehicle data to promote a circular economy, extend asset lifespans, and reduce emissions while promoting a safer, smarter and sustainable future.

Education:

  • PGDM (Post Graduate Diploma in Management), Indian Institute of Management, Kolkata

  • Bachelor's Degree in Computer Science

Social media

Skills

  • leadership
  • High Performing team
  • Product Development
  • solution architecture
  • Sales and Big Deals
  • Customer Relationship
  • simplification

Interests

  • cyber security
  • Mobility
  • sustainability
  • reading