EV maker Easy Power on Monday launched the appointment of Raghunath Subramanian to its board ahead of the launch of its maiden vehicle model in August this yr. In his operate as a result of the board member and an investor, Subramanian will current his expertise inside the strategic dedication technique of the corporate, Easy Power talked about in an announcement.
Easy Power founder and CEO Suhas Rajkumar talked about, “We cordially welcome Subramanian on board. Addition to the board is crucial at this hour as we’re within the essential part earlier than the launch. He will definitely assist in scaling up the corporate’s operations with the quantity of experience and the expertise they carry.”
(Additionally be taught | Easy Power’s first electrical scooter to launch on August 15)
Subramanian, who may be the board member and non-executive chairman of the India unit of the Romanian Software program firm UiPath, has invested an undisclosed amount in Easy Power along with turning into a member of its board, Rajkumar talked about. Apart from being a founding administration member of the Romanian company, he has moreover served as its India president and CEO, the corporate talked about. It added that he was one among many first few executives to be part of UiPath globally. Subramianian has moreover been full of life inside the start-up ecosystem, investing in further than the exact deep-tech and high-growth start-ups, it talked about.
Earlier this month, the Bengaluru-based EV start-up it’s going to launch its first flagship electrical scooter on August 15 this yr, even as a result of it scouts for funding. The flagship e-scooter could have a 4.8-kilowatt-hour (kWh) lithium-ion battery with a claimed range of 240 km in ‘eco mode’ and prime velocity of 100 kmph. It is perhaps priced at ₹1.10 lakh- ₹1.20 lakh, the corporate talked about. The corporate had talked about it’s wanting to extend USD 15 million (higher than ₹100 crore) in a Sequence-A funding spherical inside the third quarter of 2021.
This story has been printed from a wire firm feed with out modifications to the textual content material. Solely the headline has been modified.