Rahul Pangam's guest appearances

Rahul Pangam

Building The Future Show - Radio / TV / Podcast

SeedToScale | Curated by Accel

INSIGHTS Podcast Series

Shradha Sharma

Varun Dua

Ashish Hemranjani

Meena Ganesh

Farid Ahsan

Divyank Turakhia

Kiran Mazumdar Shaw

Shekhar Kirani

Hari Menon

Dheeraj Pandey

Krish Subramanian

Nandan Nilekani

Elad Gil

Mukesh Bansal

Ashwin Damera

OwlTail

On this edition of the #INSIGHTSPodcast series, we have Rahul Pangam, Founder of Simility, a fraud prevention and risk management platform that was acquired by Paypal late last year.In this podcast, Rahul talks about his early days working at Google, how he met his co-founders, started off with a focus on building solutions for e-commerce companies, which became interesting enough to pique the interest of larger banks as well as Paypal. And of course, the entire phase of the exit.Building fraud detection and risk management systems at Google led him to the thesis that there would be a greater need for new ways of managing the risk of fraud as more and more businesses went digital and the conventional methods lost relevance. He found great complementary skill sets in his future Co-founders Kedar Samant and Uttam Phalnikar, with Rahul taking charge of the business and operations, Kedar leading data science and Uttam heading infrastructure and engineering.Rahul talks about the team's thought process at the time, saying, "We knew right off the bat that we were a self-contained unit that could build a POC (proof of concept) and sell the product. The three of us could build a company without needing a fourth person, for at least first 1.5–2 years"So, Simility started off with the vision of using the power of machine learning to detect and adapt to the constantly changing fraudster behaviour. They decided to first chase ecommerce companies, as they were the easiest with whom the team could build early traction. Moreover, e-commerce was a space that Simility understood better than banking or any other industry in terms of customer pain points.As Simility scaled, they hired sales, marketing, and user experience teams out of the US while the engineering and data analytics teams were based out of Hyderabad. This was possible thanks to Rahul's network from his days at Google and the incredible young tech talent present in the city who were excited about working for an enterprise startup.Simility's success with ecommerce players led to inbound interest from fintech players and banks who collaborated to customise the product for the banking industry. As Simility gained traction in the banking industry, investors began showing an interest. Accel, one of their early investors, helped connect Simility to Paypal, who saw great promise in Simility's technology.The road from Paypal's participation in Simility's Series B funding in December 2017 to the final offer of acquisition at $120 million less than a year later was full of twists and turns, but resulted in a happy ending for everyone involved - investors got a quick return at decent multiples and the folks at Simility found a new and equally loving home at Paypal.Tune in to the podcast to hear their story.

On this edition of the #INSIGHTSPodcast series, we have Rahul Pangam, Founder of Simility, a fraud prevention and risk management platform that was acquired by Paypal late last year. In this podcast, Rahul talks about his early days working at Google, how he met his co-founders, started off with a focus on building solutions for e-commerce companies, which became interesting enough to pique the interest of larger banks as well as Paypal. And of course, the entire phase of the exit. Building fraud detection and risk management systems at Google led him to the thesis that there would be a greater need for new ways of managing the risk of fraud as more and more businesses went digital and the conventional methods lost relevance. He found great complementary skill sets in his future Co-founders Kedar Samant and Uttam Phalnikar, with Rahul taking charge of the business and operations, Kedar leading data science and Uttam heading infrastructure and engineering. Rahul talks about the team's thought process at the time, saying, "We knew right off the bat that we were a self-contained unit that could build a POC (proof of concept) and sell the product. The three of us could build a company without needing a fourth person, for at least first 1.5–2 years" So, Simility started off with the vision of using the power of machine learning to detect and adapt to the constantly changing fraudster behaviour. They decided to first chase ecommerce companies, as they were the easiest with whom the team could build early traction. Moreover, e-commerce was a space that Simility understood better than banking or any other industry in terms of customer pain points. As Simility scaled, they hired sales, marketing, and user experience teams out of the US while the engineering and data analytics teams were based out of Hyderabad. This was possible thanks to Rahul's network from his days at Google and the incredible young tech talent present in the city who were excited about working for an enterprise startup. Simility's success with ecommerce players led to inbound interest from fintech players and banks who collaborated to customise the product for the banking industry. As Simility gained traction in the banking industry, investors began showing an interest. Accel, one of their early investors, helped connect Simility to Paypal, who saw great promise in Simility's technology. The road from Paypal's participation in Simility's Series B funding in December 2017 to the final offer of acquisition at $120 million less than a year later was full of twists and turns, but resulted in a happy ending for everyone involved - investors got a quick return at decent multiples and the folks at Simility found a new and equally loving home at Paypal. Tune in to the podcast to hear their story.

INSIGHTS #29 - Simility's Rahul Pangam on building a $120M company in just 4 years

On this edition of the #INSIGHTSPodcast series, we have Rahul Pangam, Founder of Simility, a fraud prevention and risk management platform that was acquired by Paypal late last year. In this podcast, Rahul talks about his early days working at Google, how he met his co-founders, started off with a focus on building solutions for e-commerce companies, which became interesting enough to pique the interest of larger banks as well as Paypal. And of course, the entire phase of the exit. Building fraud detection and risk management systems at Google led him to the thesis that there would be a greater need for new ways of managing the risk of fraud as more and more businesses went digital and the conventional methods lost relevance. He found great complementary skill sets in his future Co-founders Kedar Samant and Uttam Phalnikar, with Rahul taking charge of the business and operations, Kedar leading data science and Uttam heading infrastructure and engineering. Rahul talks about the team's thought process at the time, saying, "We knew right off the bat that we were a self-contained unit that could build a POC (proof of concept) and sell the product. The three of us could build a company without needing a fourth person, for at least first 1.5–2 years" So, Simility started off with the vision of using the power of machine learning to detect and adapt to the constantly changing fraudster behaviour. They decided to first chase ecommerce companies, as they were the easiest with whom the team could build early traction. Moreover, e-commerce was a space that Simility understood better than banking or any other industry in terms of customer pain points. As Simility scaled, they hired sales, marketing, and user experience teams out of the US while the engineering and data analytics teams were based out of Hyderabad. This was possible thanks to Rahul's network from his days at Google and the incredible young tech talent present in the city who were excited about working for an enterprise startup. Simility's success with ecommerce players led to inbound interest from fintech players and banks who collaborated to customise the product for the banking industry. As Simility gained traction in the banking industry, investors began showing an interest. Accel, one of their early investors, helped connect Simility to Paypal, who saw great promise in Simility's technology. The road from Paypal's participation in Simility's Series B funding in December 2017 to the final offer of acquisition at $120 million less than a year later was full of twists and turns, but resulted in a happy ending for everyone involved - investors got a quick return at decent multiples and the folks at Simility found a new and equally loving home at Paypal. Tune in to the podcast to hear their story.

On this edition of the #INSIGHTSPodcast series, we have Rahul Pangam, Founder of Simility, a fraud prevention and risk management platform that was acquired by Paypal late last year. In this podcast, Rahul talks about his early days working at Google, how he met his co-founders, started off with a focus on building solutions for e-commerce companies, which became interesting enough to pique the interest of larger banks as well as Paypal. And of course, the entire phase of the exit. Building fraud detection and risk management systems at Google led him to the thesis that there would be a greater need for new ways of managing the risk of fraud as more and more businesses went digital and the conventional methods lost relevance. He found great complementary skill sets in his future Co-founders Kedar Samant and Uttam Phalnikar, with Rahul taking charge of the business and operations, Kedar leading data science and Uttam heading infrastructure and engineering. Rahul talks about the team's thought process at the time, saying, "We knew right off the bat that we were a self-contained unit that could build a POC (proof of concept) and sell the product. The three of us could build a company without needing a fourth person, for at least first 1.5–2 years" So, Simility started off with the vision of using the power of machine learning to detect and adapt to the constantly changing fraudster behaviour. They decided to first chase ecommerce companies, as they were the easiest with whom the team could build early traction. Moreover, e-commerce was a space that Simility understood better than banking or any other industry in terms of customer pain points. As Simility scaled, they hired sales, marketing, and user experience teams out of the US while the engineering and data analytics teams were based out of Hyderabad. This was possible thanks to Rahul's network from his days at Google and the incredible young tech talent present in the city who were excited about working for an enterprise startup. Simility's success with ecommerce players led to inbound interest from fintech players and banks who collaborated to customise the product for the banking industry. As Simility gained traction in the banking industry, investors began showing an interest. Accel, one of their early investors, helped connect Simility to Paypal, who saw great promise in Simility's technology. The road from Paypal's participation in Simility's Series B funding in December 2017 to the final offer of acquisition at $120 million less than a year later was full of twists and turns, but resulted in a happy ending for everyone involved - investors got a quick return at decent multiples and the folks at Simility found a new and equally loving home at Paypal. Tune in to the podcast to hear their story.

About Rahul PangamRahul Pangam is co-founder and CEO of Simility. A fraud detection industry veteran, Pangam believes in combining the power of algorithms to recognize similar and dissimilar signals with the ability for humans to create meaning, while giving front-line fraud fighters the tools that empower them to put their domain expertise and knowledge to use without having to write code. Previously, Pangam held executive positions in fraud and risk management at Google and has since teamed up with Simility co-founders to bring his fraud-fighting expertise from Google to the enterprise fraud management and authentication space. Prior to Google, Pangam was an Engineering Lead at GE Energy working on smart grid technology. Pangam holds an MBA from the University of Michigan, an M.S. in Electrical Engineering from Clemson University.The problem:Enterprise fraud is a global epidemic costing companies trillions of dollars annually.A team of ex-Google fraud fighters has come together to create Simility, a company dedicated to helping companies prevent fraud and abuse in real time with machine learning, big data analytics and data visualization capabilities. Simility provides an end-to-end fraud prevention platform that has the ability to take virtually unlimited structured data feeds from across the enterprise and use advanced machine learning and data visualization techniques to detect fraud. With Simility, enterprises can better protect their businesses from fraudsters–all without needing to write a line of code.“Digital disruption in the financial and commerce sectors has resulted in the need for a fraud and risk management solution that goes beyond legacy, static rule-based offerings to offer protection in a digital first, big data analytics-focused environment. Simility is fulfilling that need with an innovative, game-changing, adaptive solution,” said Rahul Pangam, co-founder and CEO, Simility.The company has seen impressive global adoption among enterprise customers in financial services, retail and payments, and has recently secured $17.5M in its latest funding round.https://simility.com https://twitter.com/simility https://www.linkedin.com/company/simility

About Rahul Pangam Rahul Pangam is co-founder and CEO of Simility. A fraud detection industry veteran, Pangam believes in combining the power of algorithms to recognize similar and dissimilar signals with the ability for humans to create meaning, while giving front-line fraud fighters the tools that empower them to put their domain expertise and knowledge to use without having to write code. Previously, Pangam held executive positions in fraud and risk management at Google and has since teamed up with Simility co-founders to bring his fraud-fighting expertise from Google to the enterprise fraud management and authentication space. Prior to Google, Pangam was an Engineering Lead at GE Energy working on smart grid technology. Pangam holds an MBA from the University of Michigan, an M.S. in Electrical Engineering from Clemson University. The problem: Enterprise fraud is a global epidemic costing companies trillions of dollars annually. A team of ex-Google fraud fighters has come together to create Simility, a company dedicated to helping companies prevent fraud and abuse in real time with machine learning, big data analytics and data visualization capabilities. Simility provides an end-to-end fraud prevention platform that has the ability to take virtually unlimited structured data feeds from across the enterprise and use advanced machine learning and data visualization techniques to detect fraud. With Simility, enterprises can better protect their businesses from fraudsters–all without needing to write a line of code. “Digital disruption in the financial and commerce sectors has resulted in the need for a fraud and risk management solution that goes beyond legacy, static rule-based offerings to offer protection in a digital first, big data analytics-focused environment. Simility is fulfilling that need with an innovative, game-changing, adaptive solution,” said Rahul Pangam, co-founder and CEO, Simility. The company has seen impressive global adoption among enterprise customers in financial services, retail and payments, and has recently secured $17.5M in its latest funding round. <a href="https://simility.com" rel="nofollow" target="_blank">https://simility.com</a> <a href="https://twitter.com/simility" rel="nofollow" target="_blank">https://twitter.com/simility</a> <a href="https://www.linkedin.com/company/simility" rel="nofollow" target="_blank">https://www.linkedin.com/company/simility</a>