Sun Mobility Iocl Appoints Anant Badjatya As CEO of Indofast Swap Energy Pvt. Ltd

Oct 09, 2024•9 months ago

Position

Chief Executive Officer

Company

IndoFast Energy

Anant Badjatya

BengaluruRenewable EnergyEnergy

Description

Anant Badjatya has been appointed as the CEO of Indofast Swap Energy Pvt. Ltd, a joint venture between SUN Mobility and Indian Oil Corporation Limited (IOCL). The establishment of Indofast aligns with India's sustainable development goals and aims to provide affordable and eco-friendly mobility options for 2 and 3 wheeler owners.

Company Information

Company

IndoFast Energy

Location

Bengaluru, Karnataka, India

About

IndoFast Energy is a newly formed 50:50 joint venture between India’s largest energy retailer, IndianOil, and the nation’s leader in Battery Swapping for electric vehicles, SUN Mobility. Headquartered in Bangalore, IndoFast Energy is a significant step towards making electric vehicle adoption more mainstream and convenient for millions.

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

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