MAM
Suneet Manchanda joins Mogae as COO
MUMBAI: Mogae Media has got on board Suneet Manchanda as its COO for deals and delights. He will be based at the company‘s Gurgaon headquarters and shall report to chief value officer Rajendra Gupta.
Gupta joined a few months ago from Reliance ADA Group.
Mogae Media executive director Tanya Goyal said, “Suneet has rich experience in eCommerce space and is one of the few individuals who has built some of the best known ecommerce businesses from scratch in India. He has played pivotal role in creating and managing businesses at Indiatimes, Sify, Tradus and Ladyblush. He possesses great understanding of key business processes and has worked with a wide range of businesses in leadership roles.”
Prior to joining Mogae, Manchanda co-founded the women-only shopping website Ladyblush and took care of technology, merchant acquisitions and alliances. He continues to be an investor in the company. Before becoming an entrepreneur, he was VP and business head for Tradus which is an Ibibo venture where he spent four years and built the eCommerce business from scratch.
Manchanda started his carrier with Times FM, the radio business of BCCL in sales in the year 1996 before moving to Times Internet Ltd in 1999 where he launched Indiatimes Shopping. After Indiatimes, he moved on to head business development and operations for Sifymall, an ecommerce venture of Sify.
Brands
Hyundai and TVS Motor partner to develop electric three wheelers
Joint development pact targets last mile mobility with localisation push
MUMBAI: Three wheels, one big ambition and a charge towards the future. Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to co-create electric three-wheelers (E3Ws), aiming to crack India’s complex last-mile mobility puzzle. The collaboration moves beyond concept talk into execution mode, building on the E3W prototype first showcased at the Bharat Mobility Global Expo 2025. The goal now is clear, design, develop and commercialise a purpose-built vehicle tailored to Indian roads, riders and realities.
Under the agreement, Hyundai will lead design and co-development, bringing its global R&D muscle and human-centric engineering approach to the table. TVS Motor, meanwhile, will anchor the product on its electric platform, leveraging deep three-wheeler expertise and local market insight. It will also handle manufacturing and sales in India, with an eye on exports down the line.
The timing is strategic. India remains the world’s largest three-wheeler market, where affordability, durability and adaptability often outweigh sheer innovation. The upcoming E3W aims to strike that balance combining advanced technology with practical features such as adaptive ground clearance for monsoon-hit roads, improved thermal management for tropical climates, and flexible interiors suited for passengers, cargo or emergency use.
A key pillar of the partnership is localisation. Major components will be sourced and manufactured within India, a move expected to strengthen the domestic supply chain, create jobs, lower costs and improve after-sales support.
The shift from prototype to production will involve rigorous testing, certification and refinement to meet regulatory standards and consumer expectations. Dedicated cross-functional teams from both companies are already in place to accelerate timelines.
At a broader level, the tie-up reflects a growing trend in mobility, global players partnering with local specialists to navigate emerging markets. For Hyundai and TVS, the bet is that combining scale with street-level insight could unlock a new chapter in sustainable urban transport, one that runs not just on electricity, but on relevance.
