- The Transformative Power of Digital Payments
At RS Software we combine our core values with an emphasis on honesty, integrity, mutual respect and individual leadership. These form the guiding principles for our company and are the basis for long-lasting partnerships with some of the world’s leading payment brands. For more than two decades, we have successfully evolved and adapted to the needs…
At RS Software we combine our core values with an emphasis on honesty, integrity, mutual respect and individual leadership. These form the guiding principles for our company and are the basis for long-lasting partnerships with some of the world’s leading payment brands. For more than two decades, we have successfully evolved and adapted to the needs of our clients in an ever-changing market.
We combine this flexibility with the globally recognized best practices in the RS Global Execution Methodology™ (RS GEM™). Within this proprietary methodology, we utilize our RS School of Payments™, RS Project Delivery Framework™ and RS Customer View™ practices to maximize the impact of our payments expertise and manifest our internal philosophy of “Thinking of Yourself as the Customer.”
We are proud of who we are, what we do, how we approach our work and the customers with whom we work. Daily we strive to never lose sight of what is required to be a partner of choice by applying our skills and industry knowledge to provide solutions to the challenges our customers face.
Chairman and Managing Director
Raj Jain’s global vision, diverse talents and leadership traits have given him the opportunity to be a pioneer and an entrepreneur in business and for institutions focused on individual and professional growth. He cofounded the fourth chapter in Silicon Valley of Young Presidents Organization (YPO). YPO is a global network of young chief executives that connects 18,000 peers and their families in more than 100 countries to learn, exchange ideas and address the challenges leaders face today. Mr. Jain also started the TiE chapter in Kolkata. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. TiE’s focus is on generating and nurturing the next generation of entrepreneurs to facilitate wealth creation with a commitment to giving back to the community. In addition, Mr. Jain has played an important role in the building of one of the most successful industry associations globally. He has served on the Executive Council of National Association of Software and Services Companies (NASSCOM), both as a member and officer. In 1999, he was elected Chairman of NASSCOM by its Executive Council and, in that same year, acknowledged by Ernst & Young as one of the top 20 Outstanding Entrepreneurs of the Year. He is a regular speaker global forums and at universities.
After receiving his BS and MBA degrees in the United States, Mr. Jain sensed that the convergence of computing power with telecommunications would soon created an outlet for addressing the significant demand for software development. As a student of US corporate history, he could see an emerging opportunity in the area of Information technology outsourcing. He left his job as a software systems analyst in Los Angeles, California and returned to India founding R S Software (India) Ltd. with the goal of providing quality software services to international markets. With more than 30 years of professional experience, Mr. Jain has pioneered the domain-focused model for IT outsourcing. At RS Software this model is used to combine the company’s IT outsourcing methodology and its knowledge of the electronic payments industry. Mr. Jains management style is to lead from the front. His work around the world has provided him with a solid understanding of and appreciation for the diversity of global business and culture. He utilizes his significant professional and personal networks to hire individuals who are the best and brightest providing RS Software with a world-class team to support its vision of being the global leader in providing technology solutions for the electronic payments industry.
Chief Operating Officer
Milind Kamat spearheads the Strategy and all Business Operations of RS Software Ltd, as the Chief Operating Officer (COO). Milind brings in an exemplary career track record spanning more than 28 years, in both IT Services business, and in the Payments platform business, spanning international and domestic geographies and roles.
Milind’s experience in technology consulting and Payments, across industries, enables him to address business challenges and provide long-term sustainable solutions leading to increased revenue, reduced costs and increased end customer satisfaction at his client’s businesses. Leading large scale businesses, setting up new growth engines and turning around businesses to deliver exponential growth and margins are his forte. He has played significant roles in delivering business results, primarily focused on strategic revenue growth, P&L and key business metrics across Enterprise Solutions, Payment industry, Application Development, and Maintenance, IT Infrastructure Services, and Business Process Outsourcing (BPO). In doing so, he has successfully handled large teams, driven exponential growth, and delivered excellence!
He has the ability to envision, build and drive growth and sales strategies and execute plans, and has in-depth experience in client acquisition, increasing market and wallet share, managing large client account portfolios, selection-to-deployment of IT solutions and services that involve clients, suppliers and advisory firms. Milind has also been responsible for IT governance, business service management, and enterprise transformation both at a strategic and implementation level. Some of his achievements have been in building a BPO business ground up worth a quarter billion dollars, setting up and winning large business deals in North America in excess of a billion dollars, building and managing a quarter billion dollar worth global account, and driving 20x revenue growth in 5 years for a Payments platform, thereby delivering excellence in sales and operations.
Prior to RS Software, Milind was the Executive Vice President, Sales at Ingenico ePayments, India. Earlier, he served as the Country Head, India for Ellucian and prior to that, was associated with Tata Consultancy Services in multiple leadership roles like Head of Strategic Solutions, Head of Global BPO and Chief Information Officer. Milind received his Masters in Computer Science from Marquette University, USA.
CFO and Company Secretary
Vijendra Surana has extensive managerial experience in the finance, accounting and capital management areas. His more than 17 years of experience has helped to build a comprehensive understanding of the financial needs of an organization, strategies and tactics required to ensure business continuity for customers, and corporate governance, practices which build a strong foundation for all statutory compliances. His experience and qualifications make him adept at managing the cost structure of an organization working in a global environment. At RS Software he is responsible for all of financial accounting, budgetary management, capital structure, treasury functions, and legal compliances. Mr. Surana is an accredited Chartered Accountant (FCA), Company Secretary (ACS) and Cost Accountant (AICWA), and is a qualified MBA.
Sumit Misra has the distinction of serving in a variety of roles for major companies in the IT outsourcing industry working as an engineer, project lead and project manager on large complex projects. With the experience gained from a professional career that spans more than two decades, he now helps leading companies in the payment industry determine technical strategies that help them stay current and build competencies that best fit the needs of their customers. At RS Software, Mr. Misra strengthens and extends our position as a leader in the payments industry by managing the RS School of Payments and RS Payments Lab enhancing our domain expertise by instituting best practices in knowledge management. He holds a Master’s degree in Electronics and Telecommunication Engineering.
GM & Practice Lead – Digital Payments
Pranjal Chakraborti has 22+ years of experience in designing and delivering digital payment solutions for a global clientele. He brings in specialized experience in building Faster Payments Platform and high volume, high throughput digital payment platforms. His area of expertise includes core transaction processing that encompasses switching and authorization, clearing and settlement, dispute management, fraud and risk management.
In his current role, Pranjal is focused on building the in-country digital payment infrastructure, faster digital payments platforms and digital open banking solutions for different geographies. He also leads the development of different payment products and digital assets that includes authorization switch and payment gateway, merchant on-boarding and management, and 3DS test simulator to name a few.
Pranjal has executed the role of program and delivery management for core transaction services with the worlds largest payment network spanning over a decade and managed delivery across multiple geographies. He had spearheaded the implementation of India’s faster payments platform – UPI and the national bill payment platform – BBPS which are the key constituents of Digital India stack catering to 1.2 billion people in India. In his last role, he was the Chief Technology Officer for Indepay Networks, a startup involved in building merchant enablement and payment acceptance platform in multiple geographies.
Pranjal is an MBA from IMT Ghaziabad and B. Tech. in Computer Science from North East Hill University, India.
Aniruddha Rai Chaudhuri
Aniruddha Rai Chaudhuri
Aniruddha Rai Chaudhuri is Head of Business Operations at RS Software, responsible for overseeing the physical and digital infrastructure of the company as well as Enterprise Resource Planning and MIS. He brings more than 23 years of experience driving operational efficiency through a high performance workplace and creating business value for clients in an IT outsourcing industry that continues to evolve. Mr Chaudhuri is responsible for determining the current and future enterprise infrastructure needs, and oversees the design and implementation of information systems required to support them. With a focus on benchmarking and developing best practices within the organization, his depth and range of experience encompasses business process efficiency, software development, project management, quality assurance, compliance, and people management. Mr Chaudhuri holds a Science degree and is a Certified Quality Analyst from QAI in the United States.
Board of Directors
Chairman & Managing Director
As Chairman and Managing Director of RS Software, Raj Jain is responsible for providing the leadership required to realize our vision of being the global leader in providing technology solutions for the electronic payments industry. In 1989, Mr. Jain left his job as a software systems analyst in Los Angeles, California and returned to India where he founded RS Software (India) Ltd. with the goal of providing quality software services to international markets. At the time, the prospects for the software market in India were less than idea but Mr. Jain’s entrepreneurial talents and leadership traits established him as a pioneer in a field that would soon blossom into a multi-billion dollar industry.
Mr. Jain has over 30 years of industry experience and holds a BS and MBA from California State University. He has served on the Executive Council of National Association of Software and Services Companies (NASSCOM), both as a member and officer. In 1999, he was elected Chairman of NASSCOM by its Executive Council and, in that same year, acknowledged by Ernst & Young as one of the top 20 Outstanding Entrepreneurs of the Year. Mr. Jains remains an active member of NASSCOM and serves as a member of their Chairmen Emeritus. He also has been a member of TIE (The IndUS Entrepreneurs) and YPO (Young Presidents Organization).
R. Ramaraj is an icon in his field. He was recognized as the ‘Evangelist of the Year’ at the India Internet World Convention in September 2000 and voted IT Person of the Year in a CNET.com poll in India that same year. Mr. Ramaraj was invited by the UN Secretary-General Kofi Annan to be a member of UN’s Working Group on Internet Governance (WGIG) and was the Co-Founder and CEO of Sify Limited, the pioneer and leader company in Internet, networking and e-commerce services in India. Mr. Ramaraj is the Senior Advisor at Sequoia Capital, a member of the Global Board of Trustees of TiE (The Indus Entrepreneurs) and the first Indian to be invited to serve on the Board of Directors of ICANN (Internet Corporation for Assigned Names and Numbers). He holds a B.Tech in Chemical Engineering from the University of Madras as well as an MBA from the Indian Institute of Management, Calcutta.
Shital Jain brings to our Board more than 31 years of experience with Citibank, one of the world’s largest financial services providers. Mr. Jain’s assignments with Citibank involved work in Hong Kong, Taiwan, the Philippines, Thailand, and Canada. He played a lead role in establishing the consumer credit practice for Citibank in India. Mr. Jain remains active in the financial services industry participating in consulting assignments worldwide, including on going projects in Thailand and Indonesia. Mr. Jain is a Fulbright scholar, receiving his MBA from Indiana University, where he was elected to the Beta Gamma Society, whose membership includes the top 25 percent of MBAs in the US.
Richard Launder has more than 20 years of experience in the payments industry with strengths in sales, marketing and operations. As a managing director in Europe, Middle East and Africa for one of the largest software companies in the payments industry, Mr. Launder generated more than $130 million in revenue by developing a distribution model for the region based on acquisitions, direct operations, joint ventures, distributors and sales agents. He is expert in strategic selling, building effective sales teams and marketing within diverse markets and cultures. Mr.. Launder was recently added to the RS Software board to help the company continue to develop growth strategies for the business.
Sarita Jain has been a Director on the RS Software Board since the companys inception in 1989. In addition to possessing exemplary administrative, communication and organizational skills, Mrs. Jain holds a master’s degree in English literature and an Undergraduate degree in Mass Communication.
Lakshmanan (Lux) Narayan has joined the board of RS Software India Limited in 2020. In his last role, he was the founder of Unmetric, a social media analytics company that works with the world’s largest brands and agencies. Unmetric was acquired by Falcon.io, a Cision (now Platinum Equity) company. He is a serial entrepreneur and has significant expertise in the disciplines of marketing, advertising and media. He is also the also the co-founder at ShareMyCake Charitable Foundation, a non-profit that was launched to raise a more ‘giving’ generation of kids. Lux is on the writing and speaking circuit, and his TED talk on “What I learned from 2,000 obituaries” has made him a well-known speaker.
He brings with him strengths that lie at the four-way intersection of storytelling, teambuilding, analytics, and innovation. Lux holds an MBA from IIM Kolkata and a B.Tech. from IIT Madras.
Read about why leading payments brands trust RS Software
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