Battery Smart, a leading battery-swapping network for electric two- and three-wheelers in India, has announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). With over 20 years of experience in financial strategy, risk management, and business growth, Amit’s appointment aligns with the company’s efforts to expand its presence in the electric mobility industry.
Amit is a Chartered Accountant with extensive experience in key financial roles at organisations such as Jubilant FoodWorks, Cars24, Shiprocket, and OYO. He is known for applying data-driven insights and strategic planning to drive growth, optimise financial systems, and enhance operational efficiency.
In his role as CFO at Battery Smart, Amit will focus on shaping the company’s financial strategy, improving profitability at scale, and reinforcing internal controls and governance processes. His career includes navigating complex financial environments, streamlining operations, and implementing scalable solutions to support long-term business objectives.
Pulkit Khurana, Co-founder and CEO of Battery Smart, remarked that Amit’s financial expertise and strategic perspective will be instrumental in optimising capital allocation and supporting sustainable growth. Amit expressed enthusiasm for joining the company, highlighting its advancements in the electric mobility sector and its innovative approach to battery swapping. He aims to utilise his experience to improve financial performance, streamline processes, and contribute to Battery Smart’s mission of promoting sustainable energy solutions.
Battery Smart is recognised for its battery-as-a-service model, which enables two-minute battery swaps, addressing challenges like range anxiety, long charging times, and high upfront costs. By separating battery costs from vehicle prices, the model reduces the purchase cost of electric vehicles by up to 40%, making them more accessible. In 2024, the company was featured in LinkedIn’s Top Startup List India, underscoring its impact on the EV landscape.