Zoomcar ropes in former Goldman Sachs exec, Hemanth Aluru, as its Commercial Head & Sr. Vice President

Bangalore, May 21, 2019: Zoomcar, the leader in the self-drive mobility space further fortifies its key leadership with the appointment of Hemanth Aluru as its Sr. Vice President and head of Commercial. In his new role, Hemanth will be leading the strategic financing and partnerships for Zoomcar, in addition to corporate strategy and driving P&L efficiency.

Hemanth Aluru - Sr. Vice President and head of Commercial, Zoomcar
Hemanth Aluru – Sr. Vice President and head of Commercial, Zoomcar

On joining the Zoomcar team, Hemanth Aluru, Commercial Head & Sr. VP, Zoomcar, said “I am thrilled to join the highly accomplished management team at Zoomcar and work with them towards further consolidating the company’s market leadership position in the self-drive micromobility space.

Personally, it’s a tremendous opportunity for me to contribute towards decongesting Indian cities by taking Zoomcar’s ubiquitous shared micro-mobility options to consumers across the country. To achieve that goal, over the next few quarters, I expect to be working with the teams here to help increase Zoomcar’s vehicular supply density in key markets across the country.

Commenting on the latest development, Greg Moran, Co-founder & CEO of Zoomcar said, “We are extremely excited to welcome Hemanth onboard. He has a proven track record as a financier and an entrepreneur and this expertise will help Zoomcar achieve disproportionate commercial outcomes, especially through strategic partnerships and acquisitions. His diverse skillset, particularly his proven track record in spearheading structured financings, will help to underwrite a new stage of growth for our industry leading subscription based marketplace.”

Hemanth holds a B.Tech from IIT-Madras in aerospace engineering and Master’s in Engineering Management from Dartmouth College, Hemanth worked in the Principal Investment Area (PIA) of Goldman Sachs in New York, overlooking equity, mezzanine and loan investments in companies across multiple industries. Prior to joining Zoomcar, Hemanth successfully exited his start-up for 3 years, a B2B distribution platform that he scaled up through acquisitions.

Hemanth finds time to pursue his love for travel and other outdoor activities including scuba diving, cycling, skiing and hiking. When not injured, he loves to train for long distance running races. Along with his wife, Hemanth works with select not for profits to raise awareness on various mental health issues.

Most Popular

More from Author

Read Now

Union Budget 2023-24: What It Means for the Future of the Automotive Sector?

Union Budget 2023-24: A Post-Budget Perspective on the Indian Automotive Sector.

Business Leaders Give Thumbs Up to Union Budget 2023’s Growth-Focused Provisions

Understand the impact of the Union Budget 2023-24 on the Indian economy through the eyes of business leaders and why they are optimistic about its potential.

SBICAPS opens new office in Bengaluru, to focus on infrastructure, defence and start-ups

BENGALURU, India | 1st February 2023: SBI Capital Markets Limited (SBICAPS), a wholly owned subsidiary and investment banking arm of State Bank of India (SBI) on Monday announced the opening of its office in Bengaluru. Inaugurated by Shri Dinesh Khara, Chairman, SBI, in the presence of Shri Swaminathan J, Managing Director (CB...

Vedanta Aluminium Raises USD 250 Mn in Sustainability Linked Loans

New Delhi, Delhi, India | 1st February 2023: Vedanta Aluminium, India’s largest producer of aluminium, has raised USD 250 million through Sustainability Linked Loans (SLL) from leading international banks, for financing its capex initiatives and reducing carbon footprint. The loans were granted on the basis of specific performance parameters...

Dr. Stephen Kahane Joins Suki’s Board of Directors to Elevate Voice AI in Healthcare

Voice AI Technology for Healthcare Gets a Boost with Dr. Kahane on Suki's Board.

TrekNomads Foundation and Suriya Foundation Distributed Free Blankets across Bengaluru in Collaboration with Bruhat Bengaluru Mahanagara Palike

Bengaluru, Karnataka, India | 1st February 2023: TrekNomads Foundation and the Suriya Foundation distributed over 400 blankets to the needy across Bengaluru. Flag off event was held at the BBMP head office on January 30, 2023. BBMP Chief Commissioner Sri Tushar Giri Nath, IAS, handed over few blankets to the...

Union Budget 2023-24: Post-Budget Reaction Quotes – Indian Entrepreneurs Share Their Thoughts

As the Indian government announces its 2023-24 budget, industry leaders and experts have been weighing in on the impact it will have on the Indian economy. This post will bring you the most prominent post-budget reaction quotes from these key figures, giving us a deeper understanding of...

FUJIFILM India Unveils New Compact Ultrasonic Probe System at BRONCHUS 2023

FUJIFILM India expands endoscopy solutions portfolio with new compact ultrasonic probe system at BRONCHUS 2023.