---
title: "Jayanth Madhavan - Senior Product Manager in Bengaluru | Tal"
description: "Meet Jayanth Madhavan, Product | Prev - Nivoda, Khatabook, Dunzo, Mu-Sigma based in Bengaluru. AI stack includes claude code, claude, and codex."
image: "https://tal.club/meet/jayanth-madhavan/share-image"
---

# Jayanth Madhavan on Tal

## Headline

Product \| Prev \- Nivoda, Khatabook, Dunzo, Mu\-Sigma

## About

Delivered groceries on a Dunzo bike\. Sold diamonds as a seller on Nivoda\. Worked the floor at a Bangalore wholesale shop\. I do my best product thinking after I've stood on the other side of the counter\. 8\+ years building across marketplaces, fintech, and SaaS\. Pricing systems, analytics functions, monetisation engines, usually built from nothing\. Took a few months out recently\. Travelled the US, trained as a yoga teacher in Kerala\. Back, and building again\. Working on something at the edge of product, data, and business? Let's talk\.

## Location

Bengaluru

## AI stack

claude code

claude

codex

## Work experience

Senior Product Manager at Nivoda, Dec 2024 \- Oct 2025 · 11 mos, Stepped up to own the full pricing and data charter\. Ran the experimentation engine behind take\-rate growth, testing fee sensitivity across customer segments and scaling winning variants\. Led Nivoda's first diamond price list, a brand\-new product that gave the market a structured, transparent pricing reference where none existed, and rebuilt the platform's pricing engine into a cleaner, more scalable foundation for future experiments\. When US tariffs changed overnight, shipped a modular tariff pricing architecture in under two weeks with zero disruption to live trades\. Also built pricing models to clear slow moving inventory at the right price points, and ran monthly business reviews that kept commercial, supply, and engineering teams aligned on the pricing roadmap\.

Product Manager III at Nivoda, Dec 2023 \- Nov 2024 · 1 yr, Owned pricing strategy and architecture across Nivoda's global diamond marketplace\. Consolidated dozens of fragmented, customer\-specific pricing setups into a single standardised system, cutting complexity and making structured pricing experiments possible for the first time\. Ran a full pricing review across cost, competitor, and value lenses to set fair take\-rate ceilings, and built ongoing competitor benchmarking so the marketplace always knew where it stood on price\. Also built an automated system that caught wrongly priced supplier listings and blocked them before they went live and cost the company money\. Established Nivoda's product analytics function from scratch, defining what to measure, instrumenting the tracking, and building the dashboards that shaped roadmap decisions across the org\.

Health and well\-being at Career Break, Aug 2023 \- Nov 2023 · 4 mos, Stepped back to focus on health and personal wellbeing \- recovered, reset, and stayed engaged by building and running an independent 6\-week analytics EdTech programme where the majority of participants landed roles within 3 months\.

Product Manager at Khatabook, Apr 2023 \- Aug 2023 · 5 mos, Bengaluru, Karnataka, India, Held a dual mandate: led a team of 6 analysts across product, monetisation, ops, and growth while owning the product roadmap for the Inventory feature\. Conceptualised, built, and scaled an inventory management product for small businesses from nothing to 1\.5M users, owning research, MVP, iterations, and go\-to\-market end to end\. Worked alongside commercial teams on the SaaS sales pipeline to identify and close new monetisation opportunities\.

Lead Business Analyst at Khatabook, Oct 2021 \- Mar 2023 · 1 yr 6 mos, Bengaluru, Karnataka, India, Awarded Most Versatile Player for team impact, product launches, and being the voice of the customer\. Owned monetisation analytics across the app and web products, running experiments that drove consistent monthly revenue growth, and built click\-level tracking across a 10M\+ monthly user base with the funnels, metrics, and dashboards that product and ops teams relied on daily\. Hired, led, and groomed a team of 6 analysts, setting their goals and scaling them to operate independently, while identifying and fixing product and operational inefficiencies that delivered sustained cost savings\. Stayed close enough to the product that users would reach out directly about features I had shipped\.

Business Analyst at Khatabook, Jan 2021 \- Sep 2021 · 9 mos, Bengaluru, Karnataka, India, Joined as the first dedicated product analyst, building the company's foundational reporting infrastructure after aligning the team on what to measure and how\. Worked across product, growth, and ops to define how success was measured platform wide, and evaluated how features affected engagement and retention\. Interned at a wholesale shop while building a billing product for small businesses, learning firsthand how they manage inventory, working capital, and taxes\.

Senior Product Analyst at Dunzo, Apr 2020 \- Dec 2020 · 9 mos, Bengaluru, Karnataka, India, Worked the supply side of India's quick\-commerce pioneer, backed by Google and operating across 8 cities\. Found that delivery partner retention was tied directly to the customer's order experience, and ran experimental features to improve retention for newly onboarded partners, working as a product operator\. Drove a 52% reduction in orders lost to supply shortages through gap analysis, feature design, and A/B testing\. Hired and led a team of 3 as the supply charter grew, running experiments on order batching to cut costs and improve partner retention, then took on broader ownership of the charter, shaping product decisions well beyond analytics\.

Product Analyst at Dunzo, Mar 2019 \- Mar 2020 · 1 yr 1 mo, Bengaluru, Karnataka, India, Built Dunzo's supply analytics function from scratch: the metric frameworks, the city operations dashboards, and the order\-batching logic that drove significant cost reduction across 8 cities\. Completed 150\+ live deliveries as a Dunzo agent to understand supply\-side friction firsthand, the research that informed everything above\.

Business Analyst at Mu Sigma Inc\., Aug 2017 \- Mar 2019 · 1 yr 8 mos, Bengaluru, Karnataka, India, Worked at the world's largest pure\-play analytics company, serving Fortune 500 clients\. Built a machine\-learning model for a global pharma client that scanned social platforms to detect reports of harmful drug side effects, cutting detection time by 3x, and led an end\-to\-end data platform migration owning documentation, stakeholder coordination, and data validation\.

## Education

Bachelor of Technology \- BTech, Electrical and Electronics Engineering, SRM IST Chennai

GrowthX®

[View the original profile](https://tal.club/meet/jayanth-madhavan)

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