MAM
Yulu onboards Sandilya Konduri as Head of Product
Mumbai: The shared electric mobility and battery-as-a-service company, Yulu appointed Sandilya Konduri as head of product. He will drive the product vision, lifecycle strategy and implementation for Yulu to deliver world-class products that can offer a superlative user experience.
Konduri will also focus on the adoption of the latest technology, tools and product management practices to help build a thriving product culture at Yulu, as the company looks to scale its shared mobility & battery-as-a-service (BaaS) businesses. He comes with deep expertise in product management and supply chain analytics.
Prior to joining Yulu, he was the Group Product Manager at Flipkart and had the opportunity to resolve critical platforms in the Supply Chain & Optimisation space. He has also contributed to Flipkart’s IP through 2 patents that he co-authored with his colleagues.
He has also worked for companies like ITC Infotech as a lead consultant and Dell as their senior analyst & advisor previously.
Welcoming him to the company, Yulu co-founder & CTO Naveen Dachuri said, “We are delighted to have Sandilya on board. Electric mobility in India is at a tipping point, and Yulu is very well-positioned to lead this phase of hyper-growth for shared mobility.”
Sandilya will help bring in product thought-leadership, accelerate the adoption of the latest technology to stay ahead of the curve and build a culture of continuous innovation within the product team.
He will prioritize close alignment & collaboration between the product team and engineering, business, operations, marketing, data and other teams to ensure smooth & speedy execution of the product roadmap. “I am sure he will coach and groom the wonderful talent at Yulu to create a world-class product culture and we look forward to this new phase in our product journey,” said Dachuri.
Commenting on his new role, he said, “I am very excited to join Yulu as I see a tremendous scope in what we are working towards, which is to create sustainable mobility solutions tailor-made for India & India-like markets, powered by technology.”
“The priority will be to balance user needs and business priorities, and keep iterating with new innovations & product features to continuously raise the bar. Another focus area will be to build a culture that is user-centric, insights-driven & analytics-based when it comes to making product decisions, prioritisation & resource allocation,“ added Konduri
He further added, “I genuinely believe that we are at a very interesting time in history, where the coming years will put India on the global map for the kind of Products & Services we design and offer. Congestion and infrastructure shortage are problems that we are grappling with today. As we move ahead, Yulu will not only play a significant role in shaping the perception of shared electric mobility in India, but will also drive the change in the way we imagine EV mobility globally.”
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.
