Maju Kuruvilla
@KuruvillaMaju
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Founder stealth AI startup, ex-CEO Bolt, 8-year ex-Amazon VP
Seattle, WA
Joined December 2020
I’ve just wrapped up my first quarter as @bolt’s CEO. What I’ve seen so far supports what I’ve learned from decades in the tech trenches: . Adaptability and resilience are crucial, especially now 💪. Here are three cornerstone principles for building adaptable teams👇.
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Thank you @theryanking for trusting me and giving me an opportunity to be part of the amazing @bolt story. So excited about the future. Let's decentralize commerce⚡️.
Bolt has never done things the way others do. We embrace fearless decisions and ignore stigma. Today we are excited to announce yet another fearless decision. Maju Kuruvilla is Bolt’s new CEO. 👇👇👇.
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The holiday shopping season is officially upon us. Check out what I’m watching closely this season–including inflation, unique payment options, shopper behavior and demographics, and more—in @PaymentsDive: .
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Great to see @Forever21's CMO, Jacob Hawkins, speaking about the value of @bolt. The impact is clear: the checkout rate for a Bolt account sits at 63% compared to a 40% checkout rate for a guest account. More in @Retail_Brew:
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Excited to share another huge milestone for @bolt: Fanatics has launched as the first enterprise customer to utilize our headless checkout technology. Bolt will own the back-end of their checkout operation–all while maintaining the look and feel of their existing user interface.
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From my years at Amazon, I know firsthand how pivotal the company was to shaping ecommerce. However, commerce is changing rapidly and @bolt is built to help retailers win—disrupting the centralized models that have long-dominated the industry.
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We think our latest campaign and our new brand will help @bolt shoppers love and appreciate their online eccentricities. We’re even giving them the chance to try their hand at creating their own #shopperganger meme. Read more in @adage:.
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I can't say it enough: seamless shopper identification is the future of ecommerce!. In a recent survey, 44% of shoppers said they’d rather sit in the middle seat of an airplane than keep track of all their shopping accounts and passwords. More in @WWD:
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At @bolt, creating flexibility for merchants has always been our bread and butter. It’s great to see others adopting what we’ve been saying since we got started way back in 2014: adapting to changes in technology and shopper behavior quickly and easily is the key to success.
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Randomness is a tactic that helps guide me in working with teams, improving our products, and delivering for our customers. This means that, in addition to my focus on running the company, I leave time to dive into unexpected aspects of @bolt. Read more:.
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Shout out to the @bolt Checkout Everywhere team on launching with @Independent. Consumers now expect to be able to buy at the point of inspiration, and this moment represents a huge step towards empowering these demands. Read more in @RTouchPoints:.
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This is a huge win! Despite conversion trending down these days for retailers at large, checkout conversion for @hardwoodlumber1 has skyrocketed. 🚀@bolt is helping hundreds of merchants convert more and increase their bottom line 💰
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The Chief Marketing Officer (CMO) job has become a blend of art and science, of taste and metrics. At @bolt, I'm lucky to work with the best in the business, Joanne Bradford. She–rightly–believes CMOs should focus on conversion. Read my perspective👇.
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Thanks to @LloydWahed for hosting me on the @manasearchuk podcast. We chatted about my upbringing as part of a family business, my role as a key contributor to the launch of Amazon Prime, and the future of ecommerce. This was fun! Give it a listen: .
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Another major milestone for decentralization! 💪. I’m excited to share that @bolt is now available for @SolidusIO, an open-sourced ecommerce platform by @teamnebulab. 🚀. More about how this partnership will help merchants and shoppers. 👇.
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I joined @bolt to solve one of the most difficult problems in ecommerce—checkout. 16 months later, my resolve to build Bolt's one-click checkout has never been stronger. Here’s why👇.
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I'm thrilled to welcome Todd Scarpato as Chief Revenue Officer of @Bolt. Read from him as he dives right into his new role—sharing five key insights retailers can glean from shopping activity across Bolt’s network this holiday season:.
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I’m often asked to describe an under-appreciated aspect of @bolt, and my answer is always the same: the magnitude of the ecommerce conversion problem we're solving. U.S. retailers alone lose $1T in sales annually. Luckily, conversion is fixable👇.
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I chat daily with retail leaders, hearing how these merchants want to connect with their shoppers and foster loyalty among them. At @bolt, we’re always innovating, and we’re thrilled to launch our newest product–Shopper Assistant. More in @TechCrunch:.
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We couldn’t be more excited about our partnership with @REVOLVE. Read all about why this is a huge step towards frictionless commerce everywhere. 🚀⚡.
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Smiles all around at @bolt today 🙂.People love the flexibility to work from anywhere nowadays, sometimes even at the office. ⚡️
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So excited to be working with @yannigiannaros and his amazing @sendwyre team towards the common mission of democratizing payments and bringing #crypto to the masses💙
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Super excited to join @RyanBreslow and @bolt in the mission to perfect Checkout experience and democratize ecommerce.
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At @bolt, we're tackling one of the most complex problems—online checkout. We've built an extraordinary team, continued to innovate our product as well as grown our active merchant count by 192% YoY and shopper network by 131% YoY. We'll keep pushing until we change the game.
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"We explored a variety of different solutions from MongoDB Atlas, Apache Cassandra, and Couchbase. In the end, we chose DynamoDB for a couple of key reasons: scalability, isolation, and flexibility." - @ryantimalbert @bolt Engineering.
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Read this piece from Staff SWE, Andy Elmhorst, on why he left Amazon to help @bolt create the best ecommerce landscape for merchants and shoppers. This is what inspires me: fearlessly building better buying and selling experiences for everyone, together.
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We’re proud to share that @Independent, one of the most respected news and media brands in the world, is launching @Bolt’s Checkout Everywhere. Today marks one of our first big bets in checking out on any surface, a bet we believe will help usher in the future of ecommerce.🚀.
🚨 @Independent is launching @bolt’s Commerce Everywhere, allowing readers to purchase products directly from editorial reviews on their site and dedicated storefront, without being linked out externally. Read more on this milestone:.
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@ryantakesoff This is an incredible gift from Ryan to all the aspiring founders. You can't learn this in business school. I have been lucky to have a seat on the rocket ship with Ryan. Next stop $100B. Let's go🚀.
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Implementing @bolt's One-Click Checkout was a complete game changer for @BenefitUK, and the numbers are clear:. Increases of:.⚡️82% in checkout rates.🛒 24% in conversion rates.💸 23% in unique visitors. More on this win for Benefit Cosmetics in @wwd👇.
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Had a great time chatting with Nora Ali of @MorningBrew's @bizcasualpod. We discussed the importance of giving checkout a clear owner, the ways ecommerce is changing, and holiday shopping season trends. This was fun–give it a listen:
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Feels like a Billion dollar (may be a couple) kind of day at @bolt🦄 Thank you @ryantakesoff for your amazing vision and leadership. What an amazing ride and we are just getting started🚀 Too much to do. Well, get back to work⚡️.
🚨Big announcement today: Bolt raises $393M. Wow. A couple years ago, I didn’t know if we were going to make it. Now we have $500M+ on the balance sheet. I wanted to share a bit more about where we've been, but more importantly where we're going 👇👇👇
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It was great chatting with @emilychangtv of @technology at #Shoptalk. @bolt is ready to accelerate the growth of our shopper network and revolutionary checkoutOS in 2022. The future of commerce is here 🚀.
Our CEO @kuruvillamaju sat down with @emilychangtv of @technology at #Shoptalk to discuss how @bolt is boosting conversions for retailers, helping them get their piece of a $1T opportunity 💰 . Check out the full interview👇 .
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The numbers don't lie - $0 lost in fraudulent orders. Minimizing losses is always the goal, and I'm so proud that @Bolt continues to deliver leading fraud solutions for merchants.
When @puppyspot said that rejected orders were a problem, we designed Rejected Order Insights.🧐 . Armed with invaluable data, merchants are seeing a massive reduction in fraud – and forming win-win partnerships with @bolt along the way.⚡️
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I'm discussing “Amazon->Startup. 4 VPs share their stories ” with @BradPorter_, Sean Scott, and Maria Renz. Tomorrow, Mar 2 at 9:00 PM PST on @joinclubhouse. Join us!
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Today, I am focused on our people, but I wanted to share my thoughts on @Bolt's restructuring.
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Great to bring some of the @Bolt team together to align in person on strategy and goals for the rest of the year and beyond ⚡🚀
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Making a profound impact with partners like @BenefitBeauty is so rewarding - both for me personally and for @bolt. Helping merchants sell better is a huge part of our mission, and we take pride in delivering 🚀
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It was great to join @AkikoFujita of @YahooFinance to discuss the future of ecommerce. Retailers like @REVOLVE picked @bolt because we offer a natively branded experience packaged with all of the conversion benefits of one-click checkout.📈
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Had a blast joining @Bloomberg Radio to chat about the three things brands need to be focused on in this market. Tune in–I come on at 20:37:
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Fun impromptu coffee chat with some of our brightest engineers @bolt ⚡️ #SanFrancisco.@roopakv sorry I had to edit you into the frame :-) And Shannon is is the on phone busy helping people in need, as usual 💙
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These days, I value in-person time more and more. It was a pleasure bringing so many influential people in retail together for a @bolt dinner in NYC last week—delicious food and insightful conversations made for a night to remember.
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Soon, the Bolt Shopper Assistant will offer shoppers a personalized VIP experience — complete with product recommendations and offers. At @Bolt, we are continuously innovating to create the best selling experience for merchants and the best buying experience for shoppers.🛒
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Happy Thanksgiving to all. So much to be grateful for this year. Family, friends, the team at @bolt, customers, investors, partners, mentors, and everyone else by my side or cheering on from afar–thank you all. Happy holidays! 🎉.
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@RyanBreslow My son smiling from ear to ear as he gets his copy signed by @RyanBreslow. This book is a must read for everyone who dreams of being a founder. Ryan lays out all his amazing experience and success from the complex world of fundraising into simple concepts and action items for all
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Seeing @Bolt making such a profound impact with partners like @SoloStove is so gratifying. We’re in the business of helping merchants sell better and hit their KPIs with increased conversions. We love happy customers🚀
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Wow! I don't even know who this person is but it seems like he has a keen interest in Bolt's success. Yes, Bolt is not perfect and and don't you worry, I am fixing it and we are here to stay. I will continue to share my thoughts here and you are welcome to safely unfollow me☮️.
The Bolt exec team just won’t stop tweeting thought leadership threads and honestly it’s just sad at this point.
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ABG’s commitment to continuing its partnership with Bolt is a testament to their long-term vision of digital innovation and their ethos of identifying best-in-class partners. We look forward to this next chapter!💪⚡️.
We are a proud partner of ABG and have enjoyed powering one-click checkout for Forever 21® and Lucky Brand®. @bolt CEO @KuruvillaMaju said it best—together, the future is ours to win🚀
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I’ve always been attracted to complex problems, and how to use technology to simplify and improve the world around me. That’s exactly what we’re doing at @Bolt.
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Great getting together with several members of our exec team–Xiao Guo, Meg Ciarallo, Shilpi Narang, and Hilary Neve–at @LAFW. Maxwell Osborne's anOnlyChild opening was a great way to kick things off—here’s to a few more fun days of events!🚀
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In both small startups and behemoths like @Amazon, I’ve had the chance to see the answer up close, both by leading and by watching other leaders. Now, let’s dive into the principles:.
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Thank YOU! You are Canadian comedic angel. And thanks @bolt for harnessing the power of @wearemntn and our creative-as-a-subscription offering.
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Welcome @Xiao_Guo_888 🌟 🎉⚡️. We are stoked to have you on board! Looking forward to innovating together and building the future of commerce!.
Congrats to @Xiao_Guo_888 on joining @Bolt as our newest VP of Engineering. Xiao is an incredible leader with experience leading cross-function teams as well as an advocate and mentor for women in tech, we are lucky to have you! ⚡️
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I became CEO of @Bolt just over two years ago. Here’s what we’ve been laser-focused on since:.
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Be sure to shoot me a follow ➡️ @kuruvillamaju for more business, leadership, ecommerce, and startup content. I’d also love to hear your thoughts in the replies. Until next time!.
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A new @Coresightnews survey reveals that a lack of alternative payment methods, complex checkout, account creation requirements, and fraud protection are among shoppers’ top reasons for cart abandonment. The good news for retailers? @Bolt solves all these problems. 💪⚡️
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We're creating the new standard for ecommerce checkout. Why? Not only are we focused on the merchant’s bottom line, we’re paving the way for the future of commerce. @bolt's constant innovation - like in one-click crypto and social commerce - keeps us ahead of the curve.
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When the Federal Reserve's digital payment system, FedNow, launched this summer, I knew that there were many lessons that the US could learn from my home country of India's United Payments Interface (UPI). Check out my thoughts in @FortuneMagazine: .
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