Antuit.ai Names Lakshmanan and Kulkarni as Co-CEOs

Antuit.ai, a demand forecasting and supply-chain software company serving brands and retailers, said it has named Sivakumar Lakshmanan and Yogesh Kulkarni as co-CEOs, succeeding Craig Silverman, who has left the company to take a new position.

“Siva and Yogesh have played key roles in Antuit.ai’s success as business unit leaders and co-COOs, working together for the past six years to build great AI SaaS products and attracting leading retail and CPG customers from around the world. Both are heavily involved in all aspects of managing the company, so this is a logical move that will keep the focus on company growth and success,” said Neeraj Bhargava, Antuit’s chairman, said in a statement. “We also want to thank Craig Silverman for his help transitioning Antuit.ai to a product company and positioning it for future growth.”  

Kulkarni was most recently COO of the merchandising and marketing business unit at Antuit. In 2007, he co-founded Prognos, a boutique retail and consumer brands-focused advanced analytics firm. Prognos served clients like PepsiCo, MillerCoors, Nike, Adidas and Sobeys in the areas of price optimization, demand forecasting and personalization; it was acquired by Antuit.ai in 2015.

“We are extremely proud of our unique innovation-driven culture that makes Antuit.ai a great place to work for the best brains in the industry for building AI products. We want to build on this strong foundation to make Antuit.ai the most innovative AI software company for retail and CPG industries,” said Kulkarni.

Lakshmanan was previously COO of AI forecasting and supply chain at Antuit.ai. Prior to that he was a leader for supply chain analytics at IBM Global Consulting Group, responsible for solution sales and implementing enterprise supply chain.   

“Relentless focus on continued value creation for our customers using innovative AI products has been the cornerstone for Antuit.ai’s success and growth. More than ever we are committed to leveraging AI and technology to help our customers do more with less as they navigate their transformation journey towards sustainable, responsible and successful enterprises.,” said Lakshmanan.

Dallas-based Antuit.ai calls itself a the leader in AI-powered solutions for forecasting and merchandising, empowering retailers and consumer products companies to digitally transform their businesses.