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Angel One names Ambarish Kenghe as group CEO

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MUMBAI: Known affectionately in fintech circles as AK-no, not the Indian cinema stalwarts Anil Kapoor or Anurag Kashyap-Ambarish Kenghe is poised to script his own blockbuster.

Angel One has unveiled its ace move, appointing Kenghe as group CEO effective March 2025, marking a bold step in its quest to revolutionise the fintech space. This leadership shake-up signals Angel One’s unyielding commitment to innovation, cementing its role as a trailblazer in the ever-evolving digital financial ecosystem.

Kenghe is a renowned technology and product leader with a distinguished career spanning fintech, e-commerce, and consumer electronics. Most recently, as Google Pay APAC vice president & general manager, he played a critical role in expanding Google Pay’s footprint and strengthening India’s UPI ecosystem. He also contributed significantly to the development of Chromecast and Google TV.

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Before joining Google, AK served at Myntra as chief product officer, where he led AI/ML-driven innovations that transformed fashion e-commerce. Earlier in his career, he was a strategy consultant at Bain & Company in San Francisco and a high-speed switching engineer at Cisco Systems in San Jose. A prolific inventor with four patents, AK’s academic achievements include degrees from UC Berkeley, Purdue University, IIT Kanpur, and AMU.

Expressing his enthusiasm for the new role, Kenghe said, “I am truly honoured to be part of Angel One, a brand that has been at the forefront of transforming India’s fintech landscape. With its focus on innovation and customer-centricity, Angel One has built a strong foundation. I am eager to work with the talented team to drive the next phase of growth and empower users with advanced financial solutions.”

Angel One chairman & MD, Dinesh Thakkar welcomed Kenghe with optimism, stating, “Ambarish’s appointment as CEO marks an exciting new era for Angel One. With his proven track record of driving innovation and deep expertise in the industry, he is the visionary leader we need to propel us into our next chapter of growth. At Angel One, we believe strong leadership shapes the future of fintech. Ambarish’s guidance will position us not only to keep pace with the ever-changing financial landscape but also to lead the charge in transforming how financial services are delivered, empowering our customers with groundbreaking solutions and unparalleled value.”

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Angel One continues to drive the fintech revolution, with this leadership appointment reflecting its commitment to providing groundbreaking, customer-centric financial solutions.

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Ola Electric announces Champion Mahotsav with Rs 10,000 benefits

Three-day offer across scooters and motorcycles celebrates India’s T20 World Cup win

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BENGALURU: Ola Electric has announced #ChampionMahotsav, a three-day nationwide celebration offering benefits worth Rs 10,000 across its vehicle portfolio, following India’s historic third ICC Men’s T20 World Cup victory.

During the limited-period celebration, customers can avail benefits worth Rs 10,000 on any Ola scooter or Roadster motorcycle, extending the festive mood among fans after the national triumph.

An Ola Electric spokesperson said the initiative builds on the strong response received during the company’s earlier Match Mahotsav campaign held during the tournament final.

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“Our Match Mahotsav during the T20 World Cup Final received an incredible response from fans across the country. To celebrate India’s historic third T20 World Cup victory, we are extending the celebrations for three more days with #ChampionMahotsav, offering benefits worth Rs 10,000 on any Ola vehicle,” the spokesperson said.

Ola Electric currently offers a broad portfolio of Gen 3 S1 scooters and Roadster X motorcycles.

The premium Gen 3 S1 range includes the Ola S1 Pro+ in 5.2kWh and 4kWh configurations, and the Ola S1 Pro in 4kWh and 3kWh options, priced at Rs 1,85,338, Rs 1,65,338, Rs 1,39,999 and Rs 1,19,999 respectively.

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In the mass segment, the company offers the Ola S1 X+ with a 4kWh battery, along with the Ola S1 X in 2kWh, 3kWh and 4kWh configurations, priced at Rs 1,14,999, Rs 77,999, Rs 93,999 and Rs 1,09,999 respectively.

Ola’s motorcycle line-up includes the Ola Roadster X+ in 4.5kWh and 9.1kWh configurations priced at Rs 1,04,999 and Rs 1,84,999. The Ola Roadster X is available in 2.5kWh, 3.5kWh and 4.5kWh options, priced at Rs 74,999, Rs 87,999 and Rs 94,999 respectively.

With #ChampionMahotsav, the company aims to ride the celebratory wave across the country while encouraging more consumers to switch to electric mobility.

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