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EV91 revs up Delhi streets with electric fleet and gender-first last-mile delivery push
MUMBAI: Delhi just got a jolt of clean energy, with wheels that mean business. Ev91technologies, one of India’s fastest-scaling electric mobility startups, officially rolled out its flagship electric two-wheeler operations fleet in the capital on 23 June 2025, setting its sights on both sustainable transport and urban employment equity.
The new centre in Delhi-NCR comes equipped with tools for real-time diagnostics, battery testing, servicing, and spare part replacements. The facility aims to offer dependable post-sales support for the startup’s growing fleet of electric vehicles and their delivery partners.
“Delhi is a crucial market for the EV transition, and this new centre is designed to support our customers with fast, reliable, and professional service. Our aim is to not only provide exceptional vehicles but also ensure an effortless post-sales experience that builds long-term trust”, said Ev91technologies founder & CEO Arun Kumar.
The leadership team—including Manoj Kumar (COO), Lalith Kumar (CBO), and Umesh S K (CFO)—brings a unified vision of cleaner roads and wider access to electric mobility across India. Their strategy includes not just asset deployment but creating livelihoods powered by green tech.
Industry partners present at the launch included Vaibhav Sarda from Stride, Rishabh Deo from Gogoro, Jyotir Jain from BizDateUp, and Partha Pratim from MotoVolt—signalling strong cross-sector alignment in finance, mobility, and startup innovation.
In a bold social impact move, EV91 is partnering with Zepto, Big Basket, Flipkart Minutes, and Apollo to provide two-wheelers on a rental model to gig workers unable to afford their own vehicles. The result? A scalable solution that helps riders earn while pushing India’s EV transition forward.
Women riders are firmly in focus too. EV91 is already collaborating with Rapido Pink to promote women-led fleet operations. The company plans to scale up to over 5,000 vehicles in the coming months, with 1,000 earmarked for female riders.
“Our commitment remains clear — to create dignified, green, and scalable employment for underserved women across urban India”, said Kumar.
From buzz to business, EV91Technologies appears to be wiring its growth model not just with batteries and bytes, but with purpose. Delhi, clearly, is only the first stop.
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YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
