Biography of Ranjeet Deshmukh: Founder of RoadBounce & Definitics Software Solutions
Biography of Ranjeet Deshmukh:
Ranjeet Deshmukh’s entrepreneurial journey began with a
strong educational foundation. He pursued executive education at the
prestigious Indian Institute of Management Ahmedabad, where he honed his skills
in business management. This experience was crucial, providing him with
insights into strategy and innovation that would shape his future ventures.
Additionally, Ranjeet earned a postgraduate diploma in advanced computing from
the Centre for Development of Advanced Computing (C-DAC), deepening his
technical expertise.
The Early Career Path
Before launching his own ventures, Ranjeet gained
significant experience in the tech industry. He joined Service Wing Healthcare
Inc. as the Chief Technology Officer in 2008, where he played a vital role in
product technology and architecture. His work involved setting up a captive
center and overseeing research and development, giving him a solid
understanding of how to build and manage technology-driven projects
effectively.
Building a Strong Foundation at Symphony
Ranjeet's journey continued at Symphony Services, where he
served as a Senior Software Architect for over a year. This position allowed
him to further develop his technical skills and understand the intricacies of
software architecture. His experiences in these roles laid the groundwork for
his future entrepreneurial endeavors, equipping him with a deep understanding
of product development and innovation.
The Birth of RoadBounce
In 2016, Ranjeet founded RoadBounce, a groundbreaking
venture focused on improving road infrastructure. The company developed a
patent-pending smartphone application designed to measure road roughness and
driving comfort. This innovative solution was not only a technical marvel but
also addressed a pressing issue in transportation—poor road conditions that can
lead to accidents and vehicle damage.
Innovative Technology in Action
RoadBounce's app is unique in its approach. By using
vibration-based technology, it can detect potholes and other road hazards in
real-time. Users can install the device under their vehicles, which allows the
app to collect data as they drive. This information is invaluable for both
government and private road authorities, helping them make informed decisions
about road maintenance and improvements.
Real-Time Data for Better Decision-Making
The application provides real-time alerts about road
conditions, enabling drivers to avoid hazardous areas. It also collects uniform
data, which is essential for strategic decision-making regarding road
infrastructure. This innovative technology supports broader asset management
strategies, allowing authorities to prioritize repairs and maintenance
effectively.
Biography of Ranjeet Deshmukh: Founder of RoadBounce & Definitics Software /age/net worth/road infrastructure improvement/RoadBounce story/Ranjeet Des
Making Waves on Shark Tank
Ranjeet's venture gained significant recognition when
RoadBounce appeared on Shark Tank India. The pitch attracted the attention of
several judges, leading to a successful investment of ₹80 lakhs. This moment
was a turning point for Ranjeet and his team, as it validated their hard work
and innovative approach to addressing road safety and infrastructure challenges.
User-Centric Design
The RoadBounce app features a user-friendly interface,
making it easy for users to report potholes and other hazards. With intuitive
features, the app streamlines road condition assessments, allowing users to access
comprehensive data with just a few clicks. This emphasis on user experience is
crucial for encouraging widespread adoption of the technology.
Collaborating for Change
Ranjeet’s vision for RoadBounce goes beyond just technology;
he aims to foster collaboration among stakeholders in road management. By
providing a platform for reporting road conditions, RoadBounce creates a
community-driven approach to infrastructure improvement. This collaboration is
essential for driving meaningful change in road safety and maintenance.
Building a Diverse Portfolio
In addition to RoadBounce, Ranjeet is also the Founder and
CTO of Definitics Software Solutions, where he has been active since 2015. This
company specializes in lean, agile IT services and software product
development, helping businesses meet their objectives through innovative
technology solutions. Ranjeet’s dual roles reflect his commitment to advancing
technology in various fields.
Impact on the Community
Ranjeet's work has a significant impact on the community. By
improving road safety and infrastructure, RoadBounce not only enhances the
driving experience but also contributes to reducing traffic accidents and
vehicle wear. The app helps save money for users and authorities alike, making
it a valuable tool for everyone involved.
A Visionary Leader in Smart Infrastructure Innovation
Ranjeet Deshmukh, the founder of RoadBounce and Definitics
Software Solutions, exemplifies the blend of technical acumen and strategic
insight needed to drive impactful change in road infrastructure. With academic
credentials from IIM Ahmedabad and C-DAC, Ranjeet's career journey began with
influential roles in tech firms like Service Wing Healthcare and Symphony
Services. These experiences laid a solid foundation for his entrepreneurial
ventures. In 2015, he launched Definitics, offering agile IT services, followed
by the inception of RoadBounce in 2016—a venture aimed at revolutionizing road
safety through smart technology. RoadBounce’s core innovation lies in its
AI-driven road quality assessment tool that detects potholes and irregularities
using vibration-based sensors, providing real-time data to help authorities
manage road maintenance more efficiently.
The RoadBounce Impact and Entrepreneurial Journey
Ranjeet's efforts gained national attention with
RoadBounce’s appearance on Shark Tank India, where he secured a deal of ₹80
lakhs for 20% equity from Peyush Bansal—although it was later revealed that the
deal was not finalized. Regardless, RoadBounce continued to make strides,
accumulating data over 50,000 km and earning contracts worth ₹2.5 crores in
FY21–22 despite pandemic-related setbacks. Ranjeet’s approach emphasizes not
just technological innovation but also collaborative problem-solving, enabling
data-driven decisions for governments and contractors. Recognized by programs
like Maruti Suzuki's MAIL initiative, RoadBounce is steadily evolving into a
crucial player in India’s smart mobility ecosystem, with Ranjeet at the helm,
dedicated to shaping a safer and more sustainable road network for the future.
Looking Toward the Future
Ranjeet Deshmukh’s journey is a testament to the power of
innovation and entrepreneurship. With RoadBounce, he is at the forefront of
addressing critical issues in transportation and infrastructure. As he
continues to develop and refine his technologies, Ranjeet is poised to make a
lasting impact on road safety and community well-being, paving the way for a
safer, more efficient future for all drivers.
A timeline of Ranjeet Deshmukh's journey:
2008 - Joins Service Wing Healthcare Inc. as Chief
Technology Officer.
2009-2010 - Serves as Senior Software Architect at Symphony
Services.
2015 - Founding of Definitics Software Solutions,
specializing in IT services.
2016 - Launches RoadBounce, focusing on road infrastructure
improvement.
2021 - RoadBounce features on Shark Tank India, securing ₹80
lakhs in investment.
2024 - Continues to innovate in transportation technology,
impacting community safety and infrastructure.
