MAM
Autoverse Mobility appoints Rama Shankar Pandey as co-founder, launches parts platform
MUMBAI: Autoverse Mobility has announced the appointment of automotive industry veteran Rama Shankar Pandey as its co-founder, alongside the launch of the autoverse parts procurement platform, an integrated digital ecosystem designed to help independent workshops source genuine parts quickly and reliably.
Pandey, former managing director of Hella India Lighting and a long-standing executive committee member at ACMA, joins the leadership team as the company strengthens its technology-led aftermarket strategy. His career spans more than two decades, with senior roles at Bosch, Tata Green Batteries and Hella’s India operations. He has also chaired ACMA’s aftermarket committee, where he played a key role in shaping policy and industry collaboration for the independent servicing ecosystem.
Autoverse’s newly introduced procurement platform aims to streamline the fragmented multibrand workshop network, where garages often face delays, unreliable sourcing, and inconsistent access to genuine parts. The fully integrated system connects workshops directly with OEMs, OES manufacturers, and authorised distributors, creating a transparent and efficient supply chain.
The platform includes more than 6 million car–part mappings for precise fitment checks, real-time stock visibility and pricing, integrated ordering and tracking, category-wise support for key components, and built-in garage management tools such as loyalty programmes, automated recommendations and performance insights.
Backed by Autoverse’s expanding network of own and partner warehouses, the company promises delivery of high-demand parts within 45 minutes, powered by a hybrid milk-run and express logistics model.
Speaking on his new role, Pandey said Autoverse is building “a transparent, tech-enabled supply chain” that addresses one of the biggest challenges faced by workshops: sourcing genuine parts quickly and reliably. “With the launch of our integrated partner app and web platform, we are creating a future-ready ecosystem that delivers authenticity, speed and operational efficiency,” he added.
Autoverse Mobility founder and CEO Mihir Mohan said Pandey’s leadership depth will be pivotal as the company scales nationwide. “With our new platform, we are strengthening our promise of timely access to genuine, high-quality parts, enabling garages to deliver safer and more dependable service to car owners,” he added.
Autoverse also hosted an event bringing together more than 75 multi brand workshops, where the platform and Pandey’s new role were formally introduced, signalling deeper collaboration within the automotive aftermarket.
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.
