2024 Grocery Industry Icons & Innovators

Prashant is the visionary CEO of Impact Analytics™, a software and services company that has been leading innovation rooted in AI for almost a decade. Fortune has recognized Impact Analytics as one of the Most Innovative Companies in America, and the company has made the Inc. 5000’s fastest-growing companies list for seven consecutive years. Additionally, it has been recognized by the Financial Times as one of America’s Fastest Growing Companies in 2024, for the fifth consecutive year. 

Since founding the company, Prashant's firm belief that cutting-edge artificial intelligence and machine learning can be game-changers for retail has become a reality. For almost a decade, Impact Analytics has notably transformed the grocery industry, along with the fashion and CPG sectors, by driving data-driven approaches that meet consumers' evolving needs. The grocery sector, in particular, has seen remarkable improvements through innovative solutions from Impact Analytics, which have streamlined inventory management, optimized supply chains, and enhanced forecasting accuracy. Today, top retailers like Coach, Dollar General, Ralph Lauren, BJ's Wholesale Club, Calvin Klein, and Pet Supplies Plus rely on Impact Analytics to make data- and machine learning-driven supply chain, forecasting, planning, and pricing decisions. 

An Ernst & Young Entrepreneur of the Year award finalist in 2023 and 2024, Prashant is a serial entrepreneur with experience at McKinsey & Company and Boston Consulting Group. He has been a columnist and contributing editor for GQ India, a columnist for Mint-WSJ, and has contributed op-eds to the NYT, FT, WSJ, and CNBC. An alum of Columbia University, Prashant's commitment to nurturing future leaders led him back to his alma mater as a professor. He spearheads the university's pioneering course on AI and advanced analytics in retail, imparting his wealth of knowledge and passion to inspire the next generation of innovators. Through his dual role as an entrepreneur and educator, Prashant continues to drive positive change, shaping the future of retail and beyond.