Hitesh Majmudar

S

Co-founder & COO at Umber Studio | ex-BrowserStack

Umber Studio
Mumbai, India · IST (UTC+5:30)
6+ years experience
Christ University
English, Hindi, Marathi
Messaging unavailable

Overview

Founder of Umber Studio (consumer finance). 6 years of building before that. Previously built and sold a small consumer finance company. Took Umber Studio from zero to $8 million ARR. Previously at BrowserStack. Most at home with growth and lending.

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Skills
lendingconsumer fintechgrowthclimate tech
RaisingRaising capital
closes in 3 months

Seed round open - freight matching for D2C brands, 18% month-on-month growth

Stage
Seed
Raising
$1.5M
Instrument
SAFE
Committed so far
Opening the round now
Lead investor
Lead in place
Traction
18% month-on-month growth after 19 months
Use of funds
18 months of runway to Series A milestones

18% month-on-month growth after 19 months. Looking for investors who know marketplaces and can help with pricing.

Mumbai, Indiagrowthclimate techconsumer fintech

Experience

  1. Co-founder & COO
    Aug 2024 - Present
    Umber Studio · 2 yr 2 mo · Full-time · Mumbai, India
    • Previously built and sold a small consumer finance company.
    • Grew the team to 20 people across 4 countries.
  2. Engagement Manager
    Apr 2021 - Aug 2024
    BrowserStack · 3 yr 4 mo · Full-time · Mumbai, India
    • Ran commercial diligence on 34 deals.
    • Designed the operating model for a 14 thousand-person transformation.

References

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Education

  1. Christ University
    BBA, Economics
    2015 - 2019

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