Dr. Ramesh Sarukkai, Rate’s chief product and technology officer, brings over two decades of experience from Silicon Valley, where he led high-scale product innovations at companies like PayPal, Facebook and Google. Under his leadership, Rate has transformed its offerings with groundbreaking technologies, including a comprehensive consumer app and modernized point-of-sale systems, driving membership growth and operational efficiencies. The founder of Prajna.AI, he’s also pioneering generative AI solutions for financial institutions, reinforcing Rate’s commitment to innovation in the mortgage industry.
Over the past three years, Sarukkai has led Rate through a transformative product and technology evolution, delivering groundbreaking innovations and significant business outcomes. Thanks to Sarukkai, Rate launched a comprehensive fintech app, integrating financial products with personal wellness programs, driving membership growth and engagement. He modernized the company’s point-of-sale system, enabling seamless loan management for thousands of loan officers via mobile and desktop platforms.
Sarukkai also spearheaded automation and AI-driven upgrades that streamlined operations, resulting in features like instant approvals and data extraction from complex documents. Leveraging data analytics, he personalized digital mortgage experiences and expanded Rate’s offerings, including second liens, reverse mortgages, and insurance products, all contributing to revenue diversification.
His leadership in AI, including founding Prajna.ai, has enhanced efficiency in customer service, compliance, and underwriting. Through these initiatives, Sarukkai has cemented Rate’s position as an innovative leader in the financial technology space.
Name:
Ramesh Sarukkai
Title:
Chief Product and Technology Officer
Company Name:
Rate
