• AugRay - Entrepreneur In Residence Jobs in Bangalore,India - 23838730

  • AugRay Private Limited
  • Save Job
  • 10 - 12 Years
  • Posted : 23 days ago

Job Description:

- Are you an individual who has been looking for an entrepreneurial opportunity and believe you have the potential to create and run an organization yourselves- Are you looking for a challenge that gives you the freedom of running your own enterprise- If yes, this could be your chance and the change you might be looking for

- AugRay founded in 2014 (part of Wisdom InfoTech, USA) is seeking an entrepreneur-in-residence (EIR) to develop one or more internal new business units and to take one such opportunity to market as a viable and growing independent company

- AugRay (wwwaugraycom) has the B2B platform and TaDaTime (wwwTada-timecom) a Beta launch for a B2C

- The EIR will be an integral part of the AugRay Labs team, acting with significant levels of autonomy and responsibility

- Candidates for this position should be excited and informed about relevant technologies and industries, have technical skills or a demonstrated ability to work productively with engineers and ideators, be driven to identify and solve problems, and have an innate compulsion to build useful things and companies (and some understanding of the processes and challenges involved in doing so)

- The EIR will act as the overall business champion for one or more business concepts, leading technology development, helping develop and expand the market case, completing the business model, and guiding operations and implementation

- The EIR will have access to AugRay Labs personnel, resources, and infrastructure However, this is a hands-on role that requires individual accountability and effective operation across a spectrum of subject matter, timeframes, and complexity

Specific Responsibilities

The EIR, with support from the AugRay Labs organization and project team(s),

- Develop and hone business concept(s) to target compelling, actionable long-term market opportunities

- Draft product/business architecture, determine product specifications, deliver technology product, and ensure appropriate quality control

- Identify, validate and deliver the product to a viable market segment; supervise market research, and market trials

- Create and implement a marketing plan and business development plan with the help of AugRay team

- Determine business and revenue model and supervise the creation of pro forma financial model

- Manage project/company-level budgets and capitalization

- Manage project company-level operations

- Report on product and project development activities and progress

- Assist in recruiting

- Assist in company spinout process and, where applicable, external fundraising

- Demonstrate honesty, responsibility, integrity, and fulfillment of commitments


- To perform this job successfully, an individual must be able to perform each essential duty satisfactorily

- The requirements listed below are representative of the knowledge, skill, and/or ability required Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Required Characteristics

- Excellent academic credentials

- Operating experience at a high-performing, high-growth business or research organization

- Leadership ability, evidenced by technology- or business-related leadership role at a start-up company or other fast-growing organization

- Ability to create and effectively communicate business visions and strategies, written business plans, and presentation materials

- Technology development experience, either in technical or business capacities

- Product and program management experience

- Recruiting, hiring and personnel management experience

- Budget and profit-and-loss responsibility desirable

- Proven ability to take on extensive responsibility and excel in a small team environment

- Strong work ethic and self-starter a must

Required Computer Skills

- MS Office (Word, Outlook, Excel)

- Presentation applications

- Some programming background a plus


10 - 12 years

- Bachelors degree from accredited institution and 2+ plus years of relevant experience

- MBA (Sales and Marketing) or Masters Degree related field

- Must have 3 or more years of experience in advertisement/marketing/ brand managerial discipline

Location Metro Cities in India (Preferably Chennai Else Bangalore)


- Attractive full time, variable with stock options and exit plan

About AugRay

AugRay (wwwaugraycom) is a patent pending augmented reality platform available for smart devices, which gives an incredibly immersive experience to the users filled with fun, entertainment, education and timely digital information, to mention a few AugRay blends virtual reality with the physical world around us; providing brands a solution as unique as their needs AugRay acts as a vehicle for brands to break through the clutter and separate themselves from the herd Please visit our website, facebook page and youtube channel for some of the digital marketing campaigns that we recently ran for some of the Fortune 500 companies

AugRay founded in 2014 is a subsidiary of Wisdom InfoTech (wwwwisdominfotechcom), an award-winning, US-based, MNC specializing in IT and mobile-based products, services and solutions Founded in 2000 in Brookfield, Wisconsin, USA, by 2007 Wisdom had already been recognized as one of Americas top 500 fastest growing private companies by INC500 and was ranked in the top 20 for software companies By 2009 Wisdom InfoTech had been recognized three consecutive years as an INC5000 company Today, Wisdom is more diverse than ever with the addition of the newest subsidiary, AugRay an augmented reality mobile application Wisdom has development centers in Chennai, Bangalore and sales offices in Mumbai and Delhi

Online Marketing, Start up, Product Management, General Management, Marketing, operations

Profile Summary:

Employment Type : Full Time
Salary : Not Mentioned
Deadline : 18th Apr 2020

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