Infibeam Avenues, a listed AI-powered-fintech company, unveils a pivotal development in its executive leadership. The company announces the appointment of Rajesh Kumar SA as the chief executive officer (CEO) of Phronetic.AI, a major move set to redefine the trajectory of the company’s artificial intelligence business. 

In his capacity as CEO, Kumar SA will assume a crucial role in architecting and spearheading the blueprint for the expansion and elevation of Infibeam’s artificial intelligence business – Phronetic.AI, under the leadership of Vishal Mehta, chairman and managing director, Infibeam Avenues.

Kumar has been appointed to lead Phronetic.AI, marking a strategic move for Infibeam Avenues in the AI and ML space. This appointment reflects Infibeam Avenues’ commitment to staying current in technological advancements within the AI landscape. Kumar’s leadership is anticipated to drive the development and strengthening of Infibeam’s artificial intelligence business, aiming to establish its position in the intersection of AI and financial technology.

“I am thrilled to join Vishal Mehta and Infibeam’s AI initiative and look forward to collaborating with the exceptionally intelligent, talented, and innovative colleagues at Infibeam. I firmly believe that Infibeam’s AI solutions can revolutionize the industry. AI technology has demonstrated its ability to unlock tremendous value, and at Phronetic.AI, we are presented with an unparalleled opportunity to positively impact billions of people by facilitating the adoption of AI by enterprises and governments in a safe, sustainable, and responsible manner,” stated Mr. Rajesh Kumar SA, the newly appointed CEO at Phronetic.AI.

With over 16 years of experience in deep tech, Kumar has worked on the development of AI products, models, and solutions. As a researcher and technologist, Kumar has participated in hackathons and holds four granted US patents in the fields of deep learning, machine learning, fashion styling, and analytics. Before joining Infibeam Avenues, Kumar served as the director of machine learning at Meesho, focusing on developing systems for pricing, fraud detection, and supplier growth. Before Meesho, Rajesh also co-founded Streamoid, a deep-tech computer vision company in the Fashion AI space.

“Rajesh brings over a decade of expertise in the AI and ML domain, demonstrating his proficiency in developing successful products and solutions for enterprises. At Infibeam, I look forward to Rajesh’s effective leadership, which I believe will propel Phronetic.AI to new heights of innovation and success,” Vishal Mehta, chairman and managing director, Infibeam Avenues, said. 

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Last year, in August, Infibeam unveiled India’s first Artificial Intelligence (AI) Hub at GIFT city, Gandhinagar. Subsequently christened as ‘Phronetic.AI,’ the AI Hub is set to concentrate initially on fintech, financial, retail and enterprise space, directing its efforts toward developing AI solutions for Fraud Detection, Authentication, and Risk Identification (FAR). The company aims to nurture the AI ecosystem, generating solutions tailored to both domestic and global markets.

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