Benglaluru: Electric vehicle maker Ather Energy on Thursday named industry veteran Deepak Jain as its new Chief Financial Officer (CFO).
“With over 2 decades experience in global brands like Apple India, P&G and Gillette, Jain has joined us after a 5 year stint at First Advantage as its India business CFO,” the city-based firm said in a statement.
Founded in 2013 by IIT-Madras alumni Tarun Mehta and Swapnil Jain, with the backing of e-tail behemoth co-founders Sachin Bansal and Binny Bansal, Hero Motorcorp and Tiger Global venture fund, Ather designed and built the country’s first electric vehicle.
Ather Grid also designed and built 38 charging points in Bengaluru and 14 in Chennai for electric vehicles.
“In his prior roles, Jain scaled up technology and led product firms, making him an ideal addition to our team. His experience in leading teams and integrating manufacturing and business processes will play a key role as we are scaling up to meet the demand for Ather-450 model across the country,” Ather Chief Executive Tarun Mehta said.
Jain began his career at global financial services firm E&Y before moving onto Gillette and Procter & Gamble, where he took on key leadership roles in distribution modeling and sales finance.
“Joining Ather is an opportunity to work on disruptive technology and building products that are setting the bar in the two-wheeler category. Tarun and Swapnil’s vision for electric vehicles and automobiles will serve as a lighthouse for the industry,” said Jain in the statement.
Specialising in conceptualising, leading and executing business expansion strategies in manufacturing, trading and services business environments, he is slated to play a key role in Ather’s expansion plans.
The company’s product line has won 30 awards in design, automotive and technology categories.
With 51 patent applications, 113 trademarks and 123 design registrations to its name, Ather operates in Bengaluru and Chennai and will expand to other cities across the country.