Mahidhara Davangere is an Associate Actuary and a Risk consultant. He is the Founder of Pramartha and has over a decade of extensive experience in Research and financial valuation covering industries like Banking, Insurance and financial sectors in India, South Africa and other emerging African markets. Also, has experience in US Mortgage industry. His expertise lies in commercializing innovative ideas to practical realities. He is an eloquent speaker and is passionate about Mathematics and Art.
For The Actuarial Club, he performs the role of Mentor to The Actuarial Club and its team and guides us to take the right path.
Mahidhara Davangere is not your average entrepreneur. He travels across Europe and Africa helping commodity companies figure their future cash flows.
While companies go to a CFO or a Chartered Accountant for such things, Mahidhara uses an actuarial approach to accounting.
His startup, Pramartha, is an analytics platform that uses actuarial sciences to tell clients their expected performance in the future by taking into account macro data of the economy, and combining it with global business data and the capital invested, by the company in the market.
Pramartha is a platform that works on actuarial applications, enterprise risk management, quantitative techniques, and analytics. “We have developed in-house tools and techniques to access a company’s risks across sectors and geographies. With our in-depth expertise in formulating cutting-edge strategies we convert business risk into opportunity through our platform,” says Mahidhara.