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.
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.