Headline

Fintech, Payments and B2B | IIT-B

About

TL;DR: I am a past tech founder and product leader - bootstrapped exit in 1st one and fundraised in 2nd. Prior - M&A investment banking. Studied at IITB. Longer version - I am the co-founder and CEO/CPO of Alpyne Labs, spearheading the product strategy and growth of a pioneering stablecoin infrastructure company across India and APAC. Backed by leading investors, we partner with top crypto and De-Fi clients to pioneer fintech innovation in India. An alumnus of IIT Bombay, my journey started in investment banking at Alantra, advising major cross-border deals, which sharpened my strategic and financial acumen. Prior to Alpyne, I co-founded Is You, a personalized health-tech startup, where I led product management and go-to-market strategy, onboarded 43+ clinics and filed a provisional patent for innovative dermatologist-led solutions. Feel free to reach out on durgaprasad.m92@gmail.com

Location

Bengaluru

AI stack

langchain

langsmith

openai

perplexity

Work experience

Co-founder - Product & Growth at Alpyne Labs, Jun 2022 - Dec 2025 · 3 yrs 7 mos, Bangalore Urban, Building stablecoin payment infrastructure for India (Razorpay for Crypto) Product and Growth Achievements: - Scaled platform to 140,000+ users in 2 years with 36% avg monthly growth and 27% 30-day retention - Defined vision and instituted results-driven structure - led product strategy and coached cross-functional team of 9 including 2 PMs, 1 designer, 1 program manager and 5 engineers - Core lead in prioritizing Product Roadmaps and strategic decision-making for integrations with 6 external partners - sourcing liquidity, custodians, banking partners, blockchain tooling and KYC APIs - Built robust modules of B2B APIs, payment check-out (optimizing conversion funnels in Mixpanel), AI-led fraud-stack to detect anomaly in user's banking behaviours; reduced fraud cases by 23% - Discovered and built products to expand business scope: P2P, DeFi liquidity, payroll, remittances; achieved as a result of deep discovery of user needs - Generative AI Projects - Conceived proprietary AI Fraud Response Stack with 2 engineers and 1 data scientist, implementing ML algos for automated risk scoring, reducing manual review by 40% Business Achievements: - Launched payment APIs (on-ramp/off-ramp) in Dec 2022; scaled team from 2 founders to 18, with majority retained since inception - Achieved INR 200 crore+ ($27M+) volume in 2 years; $1.4m ARR in Mar '24; PAT positive both years via partnerships with large exchanges CoinDCX, Delta Exchange, KuCoin, LBank - Raised $300k+ pre-seed from 100x.VC India, Tenity Singapore, and global fintech angels - Negotiated FIU-India VDA compliance approval, leading risk alignment and implementing crypto regulatory frameworks under AML laws across India and US markets - Conceived GTM playbook (pricing, positioning, enablement) - Led marketing and sales opportunities at global events across India-APAC, and US - collaborating with 10+ large new businesses

Product & Growth at Is You Skincare Tech, Jul 2019 - Dec 2021 · 2 yrs 6 mos, Bangalore Urban, Built Curology for India - personalised aftercare for skincare - Achieved Traction across Bangalore/Coimbatore with m-o-m growth of 300%; Had to halt the operations due to CoVID and pivot to dermatology aftercare - Secured provisional patent for proprietary "synergistic stratum" skincare technology; managed user research and end-to-end product development for the consumer application - Onboarded 43+ clinics including Kaya Skin Clinics while managing both stakeholders - patients and doctors ; validated B2B2C product market fit - Exited to pharma biz Intraline Cosmetics amid scaling and cashflow challenges

Senior Analyst at Alantra, Feb 2017 - Dec 2018 · 1 yr 11 mos, Mumbai Metropolitan Region, Few deals in public domain: Aug ’17 - Advised Mahindra Comviva on the buy-out of Emagine International, an Australian mobile campaign management software and services player Nov ’17 - Advised Nanoheal (Kalaari funded) on the acquisition of Bask Technologies, US - based consumer tech support company Dec '18 - Advised on Unilog's Series-B convertible debt investment by LLR Partners, supporting growth in Indian SaaS sector Aug '18 - Advised on Enrich Salons' ₹21M Series-B funding round, advancing expansion in India's consumer beauty services. (Deal happened after I left)

Junior Analyst at Alantra, Oct 2015 - Jan 2017 · 1 yr 4 mos, Mumbai, Maharashtra, India, Executed end-to-end M&A deal execution across Tech, IT & Consumer sectors: strategic analysis, stakeholder management, market evaluation, and cross-functional coordination

Education

Bachelor of Technology - BTech, Engineering, Indian Institute of Technology, Bombay

Science, Nalanda Academy, Kota