
For the position of AVP / VP - Product & Technology Innovation.
Location : Mumbai/Bangalore.
Reports to: Chief Technology Officer.
- Works closely with: CEO, Marketing, Business Heads (BFSI, IAM, e-Gov, Retail, Industrial Automation, Smart Manufacturing, ESS).
- Evolute Group is a future-ready Indian technology conglomerate built on the belief that technology, when led by the right intent, can create lasting impact at scale.
- Operating as an integrated ecosystem across Fintech, Embedded Solutions, Electronic Manufacturing, and Industrial Electronics, Evolute brings together deep engineering, indigenous innovation, and manufacturing excellence to deliver mission-critical solutions in India and global markets.
- Guided by its vision of Techpowering the World- , Evolute enables leaders and teams to move ideas seamlessly from concept to deployment, combining speed, ownership, and accountability.
- The Group's culture values hands-on leadership, clarity of execution, and long-term thinking, empowering individuals to build businesses-not just manage functions.
- Evolute Fintech Innovations plays a pivotal role in India's financial inclusion and e-Governance journey, delivering Aadhaar-certified biometric devices, micro-ATMs, Android POS systems, secure device management platforms, and geo-location security solutions.
- With over 500,000 devices deployed, teams work close to real-world impact-where trust, uptime, and scale matter every day.
- Evolute's Electronic Manufacturing arm, Evoflex under Evolute Cleantech Solutions, redefines EMS through a modular, flexible "buy-what-you-need" model, enabling faster innovation cycles and operational resilience.
- Glomore Electro-Tech Solutions an Industrial Electronics & Components business, built on a 40+ year legacy, continues to support thousands of MSMEs, OEMs and ODMs with reliable, application-led solutions including its renowned brand of relays 'Leone'; while SpiritusPay extends Evolute's fintech footprint through last-mile transaction solutions.
- Backed by globally recognized certifications including ISO, STQC, PCI/PTS, EMV, TQM (Mastercard), DSIR, and GPTW recognition, Evolute is entering a phase of disciplined, innovation-led growth.
- Evolute offers the opportunity to shape industries, build enduring capabilities, and lead with purpose-while creating measurable impact across industries and markets.
- Being the AVP / VP - Product & Technology Innovation for Group company, you will be responsible for.
- Owning discovery, product strategy and early- stage R&D for new solution and platform plays in biometric IAM, IoT/edge and ESS, from concept to validated proto/pilots.
- Drive IP and patent creation while shaping GTM narratives; hand over scaled execution to engineering and delivery teams.
The opportunity:
- This role provides a unique opportunity to shape Evolute's next-generation product platforms and innovation agenda, create defensible IP and convert emerging technologies into scalable solution platforms that drive new revenue streams across BFSI, IAM, e-Gov, Retail, Industrial Automation, Smart Manufacturing and ESS domains.
- The role reports into the CTO and works in close collaboration with the CEO, Marketing leadership and Business Heads across BFSI, IAM, e-Gov, Retail, Industrial Automation, Smart Manufacturing and ESS.
Key responsibilities include:
Product & platform strategy (0- 1):
- Define product vision and platform roadmaps for biometric IAM, IoT devices/platforms and ESS solutions across BFSI, e- Governance, Retail, and Industrial/Smart Manufacturing segments.
- Identify high-value problems and use-cases with business heads and key customers, translate them into product hypotheses and experiment backlogs.
- Shape solution blueprints (hardware, firmware, cloud, analytics) that extend your current embedded- hardware strength into full solutions and platforms.
- Deliver a targeted number of validated platform concepts taken to pilot per year.
- Drive adoption of new platforms across customer deals, increasing the share of platform-led solutions vs bespoke hardware-only solutions.
- Research, feasibility and IP.
- Lead deep-tech feasibility for new bets in AI/ML, biometrics, security, IoT/edge and ESS controls, balancing "Can we?" with "Should we build it?" from a commercial lens.
- Run structured PoCs and lab prototypes; define clear go/no- go criteria and success metrics before scaling.
- Drive an IP pipeline around algorithms, architectures, and control schemes, coordinate invention disclosures, patentability checks, and filings with external counsel.
- Build a measurable IP funnel tracked through invention disclosures, patent filings and patents granted.
- Go- to- market design (without full delivery ownership).
- Craft positioning, value propositions, and solution narratives for each platform in partnership with Marketing and Sales.
- Define reference architectures, pricing logic and deployment models (on- prem/edge/cloud, OEM/white- label, managed service) for pilots and first- wave customers.
- Support selected lighthouse deals with domain/solution expertise and proof- points from pilots; hand execution to engineering and delivery once patterns are validated.
- Create a measurable new product/platform revenue pipeline from pilots and lighthouse deals.
- Proto and pilot ownership (no BAU delivery).
- Own the lifecycle from idea - lab prototype - limited customer pilots; ensure designs are secure- by- design and manufacturable.
- Work with Engineering Head to define clear handover criteria from pilot to scale (architecture baselines, backlog, documentation, non- functional requirements).
- Stay involved post- handover only as "platform owner" for roadmap and major architectural decisions, not day- to- day project management.
- Collective decision- making and governance.
- Run regular innovation/roadmap councils with CTO, CEO, Marketing and business heads to choose which bets to start, stop or scale.
- Maintain a simple portfolio view of innovation bets (stage, TRL, expected impact, risk) to guide investment decisions.
- Ensure compliance with biometric, KYC/AML, e- Gov and IoT/ESS security guidelines in all concepts and prototypes.
- Track portfolio performance through pilot throughput, revenue pipeline, IP outcomes and platform adoption metrics.
To qualify for the role, you must have :
- 10-15+ years across product, R&D or platform roles in deep-tech / embedded / IoT / ESS domains, with strong exposure to BFSI/IAM/e-Gov and/or industrial/energy sectors.
- Proven 0- 1 experience: has taken deep- tech products from concept to successful pilots or early commercial rollout.
- Demonstrated IP orientation (patents filed/granted, or platforms with defensible technical moats).
- Strong systems thinking (hardware-firmware-cloud-data), excellent stakeholder facilitation with CXO and business heads, and comfort working in an MSME/startup environment.
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