Ather appoints Deepak Jain as its Chief Financial Officer

Bengaluru, 26th December, 2019: Ather Energy’s senior leadership team is joined by Deepak Jain as Chief Financial Officer. Deepak, brings over 20 years of experience across global brands like First Advantage, Apple India, P&G and Gillette. He joins Ather after a five year stint at First Advantage as CFO for their India Business.

Deepak has been a Finance Leader with exposure to large multi-location and transnational revenues. He began his career at E&Y before moving on to Gillette and Procter & Gamble, where he took on key leadership roles in distribution modeling & sales finance. In 2010, he joined Apple India as the CFO and led the finance team during a period of exponential growth for five years. Specialising in conceptualizing, leading and executing business expansion strategies in manufacturing, trading and services business environments, Deepak will play a key role in Ather’s aggressive expansion plans.

In his prior roles, Deepak has scaled up technology and product led companies making him an ideal addition to Ather’s team. For a rapidly expanding company like Ather, an important focus area is laying the structure for effective processes. We are scaling up to meet the demand for the Ather 450 and this requires robust systems and operations and Deepak’s experience in leading teams and integrating manufacturing and business processes will play a key role in the next part of our story.

Tarun Mehta, Co-founder & CEO at Ather Energy

Working with Ather is a rare opportunity to work on cutting edge technology and building products that are setting the bar for the two wheeler category. Tarun and Swapnil’s vision for electric vehicles and automobiles will serve as a lighthouse for the industry. I look forward to working with the team as we enter new markets and increase our footprint across the country.

Deepak Jain, Chief Financial Officer, Ather Energy

About Ather:
Ather Energy, India’s first intelligent electric vehicle manufacturer was founded in 2013 by IIT Madras alumni, Tarun Mehta, and Swapnil Jain. Backed by founders of Flipkart, Sachin Bansal & Binny Bansal, Hero Motocorp and Tiger Global. Ather Energy has designed India’s first truly intelligent electric scooter – Ather 450 – powered by a comprehensive public charging network, Ather Grid, built and designed in India. With 38 charging Points in Bengaluru and 14 charging Points in Chennai, Ather Grid is the largest fast-charging network for electric vehicles in the country. The company’s product line has won 30 awards in design, automotive and technology categories. With over 51 patent applications, 113 trademarks and 123 design registrations to its name, Ather Energy aims to provide consumers with the best possible ownership experience. Ather Energy currently operates in Bengaluru and Chennai and will expand to other major cities across the country.

About Ather 450:
The Ather 450 is designed for city riding conditions, with a top speed of 80 km/hr, a range of 75 km and one of the quickest accelerations of 3.9 seconds from 0-40 km/hr in the scooter category. Also, for the first time in the category, Ather 450 comes with parking assist, which allows riders to reverse into tight parking spots. The key differentiator of the Ather 450 is its intelligent features, seamless charging and ownership experience. The Ather 450 has a 7” touchscreen dashboard that allows onboard navigation with options of alternative routes and saved locations. It comes with the Ather app that enables push navigation from the phone to the vehicle dashboard, remote monitoring of the vehicle’s health and charge status. Finally, with the over-the-air (OTA) updates functionality, the vehicle can improve over time with continuous upgrades in addition to new features and functionalities.