MAM
Drivex shifts gears with Vivekanand Kini to steer tech-driven growth
MUMBAI: Drivex is revving up its digital engine, and at the helm of this acceleration is Vivekanand Kini, appointed as senior vice president for technology & product. With 18 plus years of experience in technology and product engineering, including 8 years in leadership roles, Kini joins as the pre-owned two-wheeler disruptor doubles down on its tech-first strategy.
From cloud-native architectures and microservices to scaling B2B and B2C SaaS platforms, Kini’s career spans leadership roles at Acko, Ivy Mobility, Khoros, and Opentext, with earlier stints at Oracle. At Acko, he spearheaded transformational initiatives that reshaped engineering operations expertise now set to drive Drivex’s ambition of building a robust digital backbone for India’s fragmented pre-owned two-wheeler market.
“Mobility is being reshaped through technology, and Drivex is at the forefront of this transformation,” said Kini, adding that his focus will be on building scalable platforms to deliver seamless customer journeys from discovery and financing to after-sales.
Welcoming him aboard, Padma Shri Narain Karthikeyan director Drivex said: “Technology powers every touchpoint at Drivex from smarter vehicle evaluations and strict quality checks to complete transparency on every two-wheeler parameter. Vivekanand’s expertise in scaling platforms and leading high-performing teams will help us strengthen our digital backbone and redefine the pre-owned mobility category.”
The timing is critical. Drivex is in rapid expansion mode, opening new stores across Karnataka and Tamil Nadu, while also scaling Drivex Direct, its C2C platform that offers consumers greater choice and convenience. With ambitions of deeper market penetration, Kini’s appointment signals Drivex’s determination to transform customer experience through tech innovation.
As the pre-owned two-wheeler space shifts into higher gear, Drivex is banking on Kini to keep its engine running smooth, fast, and future-ready.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
