Prakash Shah
Chief Financial Officer at Light Initiative Ltd.- Claim this Profile
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Bio
Justinas Lasevicius
I've worked with Prakash at TransferGo on multiple projects over the last few years. Prakash is a very supportive, positive and friendly personality. He assisted in changing the company-wide accounting systems and policies. Initiated and managed our R&D tax applications. Worked with various stakeholders, the management team and the board on strategic decisions. Prakash is a great addition to any startup team!
Donatas Keras
I'd highly recommend Prakash. He is a highly qualified, entrepreneurial senior member of our investee company management team and has helped with a couple of our companies, quickly becoming an integral part of the team. He has engaged in choosing and implementing finance systems, putting in place processes, and building and managing teams. He's also maximized our R&D reclaims, VAT, and worked with the companies to structure these in the most favorable way. We'll continue to work with him.
Justinas Lasevicius
I've worked with Prakash at TransferGo on multiple projects over the last few years. Prakash is a very supportive, positive and friendly personality. He assisted in changing the company-wide accounting systems and policies. Initiated and managed our R&D tax applications. Worked with various stakeholders, the management team and the board on strategic decisions. Prakash is a great addition to any startup team!
Donatas Keras
I'd highly recommend Prakash. He is a highly qualified, entrepreneurial senior member of our investee company management team and has helped with a couple of our companies, quickly becoming an integral part of the team. He has engaged in choosing and implementing finance systems, putting in place processes, and building and managing teams. He's also maximized our R&D reclaims, VAT, and worked with the companies to structure these in the most favorable way. We'll continue to work with him.
Justinas Lasevicius
I've worked with Prakash at TransferGo on multiple projects over the last few years. Prakash is a very supportive, positive and friendly personality. He assisted in changing the company-wide accounting systems and policies. Initiated and managed our R&D tax applications. Worked with various stakeholders, the management team and the board on strategic decisions. Prakash is a great addition to any startup team!
Donatas Keras
I'd highly recommend Prakash. He is a highly qualified, entrepreneurial senior member of our investee company management team and has helped with a couple of our companies, quickly becoming an integral part of the team. He has engaged in choosing and implementing finance systems, putting in place processes, and building and managing teams. He's also maximized our R&D reclaims, VAT, and worked with the companies to structure these in the most favorable way. We'll continue to work with him.
Justinas Lasevicius
I've worked with Prakash at TransferGo on multiple projects over the last few years. Prakash is a very supportive, positive and friendly personality. He assisted in changing the company-wide accounting systems and policies. Initiated and managed our R&D tax applications. Worked with various stakeholders, the management team and the board on strategic decisions. Prakash is a great addition to any startup team!
Donatas Keras
I'd highly recommend Prakash. He is a highly qualified, entrepreneurial senior member of our investee company management team and has helped with a couple of our companies, quickly becoming an integral part of the team. He has engaged in choosing and implementing finance systems, putting in place processes, and building and managing teams. He's also maximized our R&D reclaims, VAT, and worked with the companies to structure these in the most favorable way. We'll continue to work with him.
Credentials
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BSc, ACA, IMC, CFA
The London School of Economics and Political Science (LSE),Sep, 1989- Nov, 2024
Experience
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Light Initiative Ltd.
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United Kingdom
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Entertainment Providers
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1 - 100 Employee
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Chief Financial Officer
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May 2022 - Present
Light Initiative is the company responsible for designing, engineering and building the LED-based technologies that are used in countless environments around the world. Based in Park Royal, London, UK. Website http://lightinitiative.co.uk Light Initiative is the company responsible for designing, engineering and building the LED-based technologies that are used in countless environments around the world. Based in Park Royal, London, UK. Website http://lightinitiative.co.uk
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Fully Financial Ltd
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London, United Kingdom
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Founder
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Nov 2015 - Present
You have an idea about where you want your business to go? Need some help getting there? We are experts at helping our clients take their businesses to the next stage. We look forward to transforming your business ... We work with small and fast growing businesses, especially in the start up and early growth phases. We provide Finance Director services tailored to your needs. We understand your business and provide both financial experience and control to help our portfolio companies grow. Show less
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Startup CFO
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United Kingdom
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Professional Training and Coaching
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1 - 100 Employee
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Co-Founder
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Jan 2017 - Present
Contact me if you are a senior finance person in startups and wish to join. We created this group of senior finance professionals from London’s finest Start-ups, to enable like-minded individuals to share knowledge, seek advice and spend time getting to know one another. The values of the group are driven by a desire to bring together members to actively contribute to discussions and engage in meeting their peer group at events. We see great value in collectively pooling our knowledge and sharing experiences. It is this collective behaviour that allows us to run high-quality events for professionals in start-ups and deploy our skills to help build amazing businesses. Show less
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Bubbl Ltd
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United Kingdom
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Software Development
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1 - 100 Employee
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Chief Financial Officer
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Nov 2022 - Aug 2023
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imabi
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United Kingdom
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Public Safety
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1 - 100 Employee
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Chief Financial Officer
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Mar 2022 - Dec 2022
Our personal mission is to help everyone stay safer, more aware, connected and in control of their daily lives. We provide a personalised 360˚ understanding of what’s happening around you, whatever you are doing, wherever you are, to ensure you and with the ones you love are safe. We are starting with tackling safeguarding issues within education environments and addressing unwanted sexual behaviour against woman and girls in the workplace. imabi4Education and imabi4Business will utilise the imabi platform and bring behavioural and societal changes to these environments, accessible through an intuitive but powerful app. Visit our website to learn more about the Imabi platform and we will soon be adding more information on imabi4Education and imabi4Business as we develop these exciting and game changing services. Show less
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uMotif
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United Kingdom
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Software Development
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1 - 100 Employee
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Group Chief Financial Officer
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Nov 2020 - Nov 2021
uMotif is the leading modern data capture platform for research, that patients love to use. With industry leading expertise in Real World and non-interventional studies, the engaging and clinically-proven platform captures e-consent, eCOA / ePRO, symptom and wearable device data. Working with top pharma, CROs and e-clinical platforms, uMotif can be deployed quickly across the world in any condition. uMotif is part of the Journal of mHealth’s 2017 “Digital Health 100”. uMotif is the leading modern data capture platform for research, that patients love to use. With industry leading expertise in Real World and non-interventional studies, the engaging and clinically-proven platform captures e-consent, eCOA / ePRO, symptom and wearable device data. Working with top pharma, CROs and e-clinical platforms, uMotif can be deployed quickly across the world in any condition. uMotif is part of the Journal of mHealth’s 2017 “Digital Health 100”.
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Lucida Medical Ltd
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United Kingdom
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Medical Device
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1 - 100 Employee
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CFO
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Nov 2020 - Nov 2021
Lucida is a seed stage start-up health-tech business providing diagnostics into prostate cancer. Put in systems and processes for an eventual exit. Responsibilities: • Headed the finance team, overseeing overall financial reporting, formal modeling, and management. • Managed day-to-day operational and financial projects, including the implementation of new payroll and HR systems and operational improvements. • Led strategy development and implementation. • Oversaw day-to-day operations, including board reporting, R&D tax returns, forecasting, and cash management. • Implemented process improvements and new finance systems, while conducting financial analysis. • Managed teams across various functions, including HR, legal, contracts, marketing analysis, B2B facing teams, sales, and commission management. Key Achievements: • Led part of the successful process to sale and exit process in collaboration with the CEO and team. • Scaled finance, HR, and in-house operations, budgets and cashflow management. • Developed and implemented financial models and processes that contributed to a successful exit. Show less
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Trafi
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Lithuania
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IT Services and IT Consulting
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1 - 100 Employee
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Group CFO
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Jun 2015 - Aug 2021
Trafi is a technology platform striving to make mobility services the first choice worldwide. The unique platform is powered by technology combining patented multimodal routing algorithms, public transport, ride hailing and vehicle sharing management systems, personalization options and payment modules. Trafi was founded in 2007 and serves mobility companies and cities alike, including Lyft, Google, Apple, VW Group, City of Rio de Janeiro and City of Jakarta amongst others, paving the way for smarter transportation. Show less
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Total Control Pro Ltd
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United Kingdom
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Software Development
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1 - 100 Employee
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Chief Financial Officer
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Jun 2019 - Oct 2020
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Pivigo
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United Kingdom
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Data Infrastructure and Analytics
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1 - 100 Employee
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CFO
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Mar 2018 - May 2019
Group CFO, taking the company through funding, expansion and ongoing business growth and implementation of processes, procedures and helping the company grow. Group CFO, taking the company through funding, expansion and ongoing business growth and implementation of processes, procedures and helping the company grow.
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Aframe
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London, United Kingdom
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CFO
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May 2017 - Nov 2017
Finance Director setting up and managing processes and procedures, financial modelling and taking the company through a seed funding round to raise growth capital for strategic growth. Finance Director setting up and managing processes and procedures, financial modelling and taking the company through a seed funding round to raise growth capital for strategic growth.
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TransferGo
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United Kingdom
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Financial Services
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200 - 300 Employee
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Finance Director - Part time
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Nov 2015 - Feb 2017
Responsibilities include implementation of a new finance and accounting system, debt and equity fund raising, R&D tax reclaims, financial modelling, managing outsourcing, audit, accountancy, relationships with 35 banking partners and all other aspects of the finance process. Responsibilities include implementation of a new finance and accounting system, debt and equity fund raising, R&D tax reclaims, financial modelling, managing outsourcing, audit, accountancy, relationships with 35 banking partners and all other aspects of the finance process.
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Hearthstone Investments
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United Kingdom
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Investment Management
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1 - 100 Employee
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Finance
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Sep 2014 - Nov 2014
An intense 3 month burst to support business as usual and several special projects, utilising model building, due diligence and finance procedures to achieve desired outcomes. An intense 3 month burst to support business as usual and several special projects, utilising model building, due diligence and finance procedures to achieve desired outcomes.
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Fun-Keys Music Productions
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United Kingdom
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Music
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1 - 100 Employee
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CFO
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Apr 2012 - Sep 2014
We are the fastest growing and best business allowing young children children to have fun with keyboards and learn piano and music, and approach more formal music training without fear. We let your mini Mozarts and baby Beethovens play with keys, while learning pitch, rhythm, beat, the music alphabet, notes, symbols and notation. While they play, we apply techniques learned from psychology, child development, early years and play therapy to encourage hand-eye co-ordination, left/right brain development, alphabet, numbers, rhythmn, pitch, not to mention etiquette, posture & hygiene. We're a small team of dedicated professionals creating a structured programme of development. We don't just bang things and have a sing song. The children clamour for class time, the parents love doing the homework with the kids to revisit their own music training, really connecting as a family and we love to see them develop while laughing and having fun. We teach in nurseries and schools and we'll be coming to one near you very soon. We also do private lessons. If you want more information or want us to approach your nursery or school, please get in touch on info@fun-keys4kids.com. Thanks Show less
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mydeco
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London, United Kingdom
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Head of Finance
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Jan 2012 - Apr 2013
Head of finance - Run team - Implement systems and processes - Run and managed 3 separate funding rounds for growth platforms - Legal, technical, logistics, property management - Modelling financials and strategic vision - Expansion projects and international growth Head of finance - Run team - Implement systems and processes - Run and managed 3 separate funding rounds for growth platforms - Legal, technical, logistics, property management - Modelling financials and strategic vision - Expansion projects and international growth
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Lloyds Banking Group
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United Kingdom
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Financial Services
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700 & Above Employee
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Market Risk Consultant
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2010 - 2011
Market Risk analysis project - looking at interest rate swaps and risk across divisions. Market Risk analysis project - looking at interest rate swaps and risk across divisions.
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J.P. Morgan
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United States
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Financial Services
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700 & Above Employee
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Executive Director
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Jun 2007 - Dec 2008
Portfolio manager long short hedge fund book equities options and index. Portfolio manager long short hedge fund book equities options and index.
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UBS O'Connor
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London, United Kingdom
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Analyst & PM
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2003 - 2007
Managed long/short portfolio - global market and sector neutral funds - high sharpe, low risk Managed long/short portfolio - global market and sector neutral funds - high sharpe, low risk
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M&G Investments
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United Kingdom
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Financial Services
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700 & Above Employee
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Analyst/Portfolio Manager
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2003 - 2003
managed and analysed long only growth and yield portfolios and sector specific research. managed and analysed long only growth and yield portfolios and sector specific research.
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Barclays Wealth Management
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United Kingdom
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Financial Services
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700 & Above Employee
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analyst
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Sep 2001 - Dec 2002
Global and sector analysis - bottom up and top down, modelling, meeting mgmt, reports, recommendations, managing portfolios and contributing to performance Global and sector analysis - bottom up and top down, modelling, meeting mgmt, reports, recommendations, managing portfolios and contributing to performance
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Nomura Asset Management
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Japan
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Investment Management
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400 - 500 Employee
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Analyst and portfolio manager
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1998 - 2001
Sector based global research - meeting mgmt, modelling, research, reporting, recommendations Implemented research framework and modelling processes Sector based global research - meeting mgmt, modelling, research, reporting, recommendations Implemented research framework and modelling processes
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Deloitte
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Business Consulting and Services
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700 & Above Employee
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Accountant
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Sep 1995 - Sep 1998
Audit, corporate finance, first time passes, covering technology, industrials, financials amongst others Audit, corporate finance, first time passes, covering technology, industrials, financials amongst others
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Education
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London School of Economics and Political Science
BSc, Economics -
Oakham School
GCSE's &, A levels -
ICAEW
ACA, Accounting and Finance