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Hemant Phalak
Co-Founder@ Entvin (YC S22) 🚀| AI for pharmaceutical industry 🧪💡 | Material Science@IIT Bombay
Professional Background
Hemant Phalak is a dynamic entrepreneur and technology enthusiast, prominently known for his pivotal role as a Co-founder and Director at Entvin, an innovative startup that specializes in building cutting-edge AI applications for the pharmaceutical Research and Development sector. Under his leadership, Entvin has successfully secured backing from the prestigious Y Combinator, positioning the company at the forefront of technological advancement in the global chemical B2B marketplace. Hemant's proficiency in harnessing technology to enhance processes within the pharmaceutical industry underlines his commitment to leveraging AI for substantial improvements in product development and efficiency.
Prior to his entrepreneurial journey with Entvin, Hemant’s career has been marked by significant experiences across various high-profile technology organizations. He has held key positions at Zolve, OYO, and PwC India – all of which have honed his expertise in consulting, data analytics, and financial services. These multi-faceted roles have equipped Hemant with a robust skill set and a holistic understanding of both business operations and technological applications, further enhancing his abilities as a leader in the startup ecosystem.
Education and Achievements
Hemant's academic journey began at the esteemed Indian Institute of Technology, Bombay (IIT Bombay), where he pursued a Bachelor of Technology in Microelectromechanical Systems (MEMS). His education instilled in him a strong foundation in material science, which he has effectively applied throughout his career, especially in developing AI solutions within the pharmaceutical sector. His time at IIT Bombay also allowed him to cultivate a deep engagement with entrepreneurial initiatives, evidenced by his role as an Events Coordinator at the Entrepreneurship Cell, and as a Core Group Member for Mood Indigo, one of the largest college cultural festivals in Asia.
He further enhanced his skills and business acumen through his participation in Y Combinator, where he not only refined his entrepreneurial strategy but notably connected with a network of like-minded innovators who share his vision of transforming industries through technology.
Notable Achievements
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Co-Founder & Director at Entvin: As one of the key figures shaping Entvin's strategic direction, Hemant has led numerous initiatives aimed at fostering innovation within the realms of AI and pharmaceuticals. This role has not only showcased his leadership abilities but also his vision for integrating AI into critical industry sectors, pushing boundaries in research and development.
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Founding Team Member at Zolve: Hemant played an instrumental role in establishing Zolve, a startup aimed at simplifying cross-border banking and financial services. His contributions to Zolve reflect his dedication to improving user experiences and driving financial inclusivity.
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Project Manager & Associate at OYO: At OYO, Hemant was part of a rapidly growing organization where he directly impacted project management and operational strategies. His analytical skills and aptitude for financial modeling were invaluable assets during this period.
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Associate Consultant at PwC India: In this role, he leveraged his consulting skills to provide insights and strategies to enhance business operations for various clients, showcasing his ability to bridge technology with business needs.
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Community Leadership: Beyond his professional roles, Hemant has consistently demonstrated his passion for community engagement and entrepreneurship. His leadership within organizations such as SPICMACAY and the Entrepreneurship Cell at IIT Bombay has significantly contributed to nurturing the entrepreneurial spirit among students and aspiring business leaders.
Achievements