Wealthtech Addepar Appoints Abhimanyu Prabhavalkar as Head of India Operations

Addepar opened a new office in Pune, India in March 2023 as they deepened their commitment to global expansion and R&D investment.

Abhimanyu “Abhi” Prabhavalkar recently joined Addepar’s engineering leadership team during this exciting time of growth as their R&D regional lead in India, “bringing nearly 28 years of software development and team leadership experience to his new position.”

While his passion is engineering, he believes “that technology is fundamentally about solving business problems.”

Addepar sat down with Abhi to learn more about his background, career journey and his plans for Addepar India.

Quite early on, he worked as “an electronics/hardware engineer developing arms training simulation systems for the Government of India.”

He then moved up the application programming stack “by joining Oracle to develop a variety of enterprise software products in the domains of BI, SOA, Business Process Management, Data Integration, IoT Apps Cloud and Blockchain Apps Cloud and grew from programmer to engineering VP roles.”

To broaden his experience, he then “joined JP Morgan Chase as CTO for India/APAC, focused on building technology platforms for business applications and driving the technology modernisation agenda in the region.” Next and a completely different challenge was to work with Stemly.ai “as CTO developing SaaS and ML products to solve some challenging supply chain problems.”

He came to Addepar because he wanted “to continue his journey in a growth-stage organization. At heart, I’m really a product engineer.”

He added that Addepar has a highly ambitious product and platform vision and “a strong roadmap. At the same time, corporate culture is very important to him.”

He also shared:

“I’ve been a part of the Indian IT ecosystem for nearly three decades. Pune has emerged as one of the leading software development hubs in India due to the highly educated talent pool (often referred to as ‘oxford of the east’ because of the highly regarded educational institutes) and availability of great software expertise. Also relevant for Addepar is the availability of finance domain expertise in and around Pune.”

Addepar India will continue to “grow as a wholesome ecosystem of product & platform engineering, product management, data operations and customer implementation/on-boarding services, thus enabling a thriving ecology of cross functional collaboration and a breeding ground for innovation.”

As Addepar expands its business in India and APAC going forward, the R&D team in Pune will play “a significant role in that expansion and will own the products and customer deliverables for the region.”

Their presence here provides them “a very strong base from which to build our team.”

Pune is ideal for them, the firm’s management claims.

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