Sarosh Kumana
President, CEO of Turant
Sarosh Kumana
President, CEO of Turant
Incline Village, Nevada
Overview
Work Experience
Consultant, Strategic Advisor
2017 - Current
Customized creative solutions for C-suite executives on financial, strategic, marketing, operations, HR issues. In most cases, my involvement includes a significant equity investment and a part-time role to take the company to the next level of profitability and/or to exit.
President, CEO
2019
Automated workflow software platform for property management operations, including marketing and maintenance, particularly suited to highly regulated jurisdictions; date and time stamped records of interactions with tenants to forestall he-said-she-said disputes; promotes and creates collaborative non-contentious relationships between landlords and tenants; litigation avoidance, push-button comprehensive litigation records, particularly valuable in regulated and rent controlled geographies; this system was optimised over 15 years of hands-on property management operations and user feedback.
Board Director, Strategic Advisor
2016
- Bulk consumer loan portfolio acquisitions over $ 1 billion - Originated and serviced over $3 billion of consumer home improvement loans In July 2022, First National Bank of Omaha acquired SAF’s loan origination and servicing subsidiary, in a mutually beneficial transaction which will result in organizational synergies, and expansion of product offerings to our customer base. SAF was advised by Deutsche Bank.
Strategic Advisor / Board Director
2007
* Wrisk - UK/Europe - InsurTech - big data, analytics to optimize insurance sourcing, dynamic underwriting and pricing, monthly billing/ payment systems for millennial market * BackLot Cars - MidWest - inventory-sharing, market expansion, multiple ancillary services for auto dealers and consumers, including "fair pricing" transparency, 3rd party inspections, centralized digital records (seed investor and advisor, exit ~$425M Nov 2020) * PharmaSecure - Global - regulatory serialization, product authentication, patient compliance, analytics, supply chain tracking for pharmaceuticals in Asia, MENA, Africa, expanding into other verticals and geographies *Swiftly - Global - big data analytics: works with transit agencies to improve service quality, efficiency, and reliability (exit ~$105M Dec 2020) * Storefront - Global - platform for listing, viewing and booking temporary and "pop-up" retail, office and event space.
Board Director
2016
FFE provides college scholarships (for the year 2023-24 over 16,294!) to exceptionally bright and motivated Indian students (top 10-15% academically) who face serious financial barriers (bottom 10-15% economically), enabling them to achieve professional success as engineers and doctors. FFE alumni pledge to pay it forward and support future scholars, and many go on to sponsor 5, 10 or 15 others, snowballing into a sustainable model. FFE provides an irreplacable hand-up at a critical moment, transformative for individuals, families and whole communities. FFE lights the lamp of knowledge and opportunity!
Strategic Advisor
2015
The Nonhuman Rights Project, through education and litigation, is changing the common-law status of at least some nonhuman animals from “things,” which lack the capacity to possess any legal rights, to “persons,” who possess such fundamental legal rights as bodily integrity and bodily liberty, and those other legal rights to which evolving standards of morality, scientific discovery, and human experience entitle them.
Founding Investor & Advisor; Managing Partner 2015-2016
2015
The Batchery: where incubator meets accelerator, advisory meets capital, and innovation is monetized The Batchery is a Berkeley-based global incubator for seed stage startups ready to go from idea to launch at lightning speed. We are a community of 50 veteran investors and advisors ready to provide you with ideas, insights, and networks. We are the global gateway to Silicon Valley, with the best in office space, tools, and partnerships for entrepreneurs in the Bay Area,around the US, and internationally.
Angel Investor
2013
Sierra Angels believe the difference between a good idea and a great business is team and execution, and we're here to help.
Chair
2012
Insurance & Reinsurance
Public Policy Committee
2012
ACA is the world’s largest community of preferred providers of capital, representing and connecting the most active seed-stage investors across North America. ACA works with incubators, universities, economic development organizations and others to support entrepreneurship and assist startups in their quest for knowledge about angel capital. The Public Policy Committee works with state and Federal legislators and policy makers to shape employment, incentive and tax policy to develop a competitive startup ecosystem.
Education
MBA
1975 - 1977
B.Com.
1970 - 1974
High School
1963 - 1970