India’s first vertically integrated EV-as-a-Service platform Fyn appoints Niroop Janardhanan as Chief Business Officer

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Visakh Sasikumar,

Bengaluru,30 March 2023: Fyn Mobility, India’s 1st vertically integrated EV-as-a-Service platform for last-mile logistics founded by Visakh Sasikumar at IIT Madras has announced the appointment of Niroop Janardhannan as the Chief Business Officer, who comes with close to two decades of experience as an accomplished business leader across sectors like FMCG, Mobility, Agritech, and Edtech industries.

Prior to joining Fyn Mobility as a Chief Business Officer, Niroop worked with Unacademy as a VP where he was responsible for helping the company venture into the offline test prep market by efficiently driving growth plans and rapid expansion. Niroop has also served in various other leadership roles throughout his career, including launching Olacabs in the UK and scaling the S&D business at Ninjacart. More recently, Niroop Co-founded an automotive service & spares platform before moving on to lead growth for Unacademy for their offline channel. He started his corporate career at Hindustan Coca-Cola Beverages, where he spent a decade across functions and geographies.

Commenting on Niroop’s appointment, Visakh Sasikumar, CEO & Founder, Fyn Mobility, says, “Fyn’s philosophy is to redefine EV-as-a-service ecosystem with the industry first EV ecosystem platform. We are progressing towards becoming India’s largest tech based EV as-a-service company with a laser sharp focus on automated cross-utilization of our EV fleets. With Niroop joining as a CBO, we are confident that he will drive our business with profitability and expand to multiple cities in the coming financial year. He has always been part of high-growth stories in his previous stints at COKE, OLA, Ninjacart and Unacademy. Here at Fyn, we are all set for an exponential growth as he joins our high energy team”

Niroop holds an MBA from IIM Kozhikode and a Mechanical Engineering degree from VTU and has a deep understanding of the B2C, B2B, and B2B2C segments leading several 0 to 1 and 1 to 100 projects.

At Fyn, Niroop aims to drive customer centric partnerships with over 5000 vehicles on the ground in the next 1 year and make Fyn the first choice of EV solutions for last-mile logistics across tier 1 and tier 2 cities. With his core expertise in expansion, building along with scaling across functional teams, and driving profitability, Niroop will assist Fyn to reach their vision to be the largest EV as a service ecosystem platform in India.

Commenting on his appointment, Niroop Janardhanan, Chief Business Officer, Fyn Mobility, says, “My primary focus will be to build processes and automate our systems, building a strong customer-centric foundation for scaling up in our existing operations and expansion to more cities delivering an 8-10X growth on our top line in the next 1 year. For the rapidly growing last-mile mobility coupled with the EV space, it is extremely important to collaborate seamlessly and efficiently with suppliers, partners, and customers in real-time and it really excites me that Fyn mobility is leading the pack with our platform development. The platform will have all the stakeholders on it, driving digital automated collaboration to disrupt the ecosystem towards higher asset utilisation, which will be the game changer in the industry. With our past EV building background, Fyn is best placed to leverage this technology and will have an edge over competitors. My efforts will also be around refining our business model to drive profitability such that our cost structures around operations remain nearly flat while we can scale up.”

Fyn is currently present in Bengaluru, Hyderabad, and Chennai and plans to expand to Mumbai and Delhi soon. Fyn mobility Provides B2B Last-mile deliveries through EV fleets for E-commerce, Quick-commerce, Medical commerce, F&B Deliveries, and EV fleets for Delivery giants. It also provides B2B EV commute to organizations, co-working spaces, and Offices for their employee and staff’s last-mile connectivity. Fyn has raised $2.76 M to date and is backed by large early-stage investors like Keiretsu forum, Inflection Point Ventures, and Salarpuria Sattva Group. The EV as a Service Platform looks forward to expanding its fleet to 1,250 EVs by reaching more last-mile-delivery clients. The company also aims to set up charging infra/stations with their partners and is looking to raise Series A by the end of the year.

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