Magenta Mobility appoints Shashank Sathe as Chief Technology Officer

In his new leadership position as CTO at Magenta Mobility, Shashank will spearhead the development and optimisation of cutting-edge technologies.

Autocar Professional BureauBy Autocar Professional Bureau calendar 05 Jun 2023 Views icon4174 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Magenta Mobility appoints Shashank Sathe as Chief Technology Officer

Magenta Mobility, an integrated electric mobility solutions provider, has announced the appointment of Shashank Sathe as its new Chief Technology Officer (CTO). Sathe’s expertise will be instrumental in driving technological innovation within the organisation.

Sathe comes with a work experience of more than 28 years in the technology domain, with a proven track record at companies like Bajaj Capital, Edelweiss, and recently as CTO at MCX.

In his new leadership position as CTO at Magenta Mobility, Shashank will spearhead the development and optimisation of cutting-edge technologies.

Maxson Lewis, Founder and MD of Magenta Mobility, said, “Shashank is widely recognised for his expertise in optimising technology and delivering innovative solutions. His hands-on experience will significantly benefit our technology team, and his leadership and business acumen will chart the next phase of growth for Magenta Mobility.”

Sathe said that he looked forward to leveraging his experience to drive technological innovation within the organisation, and create unparalleled solutions for both customers and driver partners. India. I look forward to leveraging my experience to drive technological innovation within the

Earlier last month, the company raised US$ 22 million from bp Ventures and Morgan Stanley India Infrastructure.

RELATED ARTICLES
TVS Motor Streamlines European E-Bike Operations with Merger of Swiss Subsidiaries

auther Arunima Pal calendar01 Jul 2025

According to the company, all three subsidiaries were previously engaged in the e-bike and e-cargo bike business across ...

TAFE and AGCO Reach Settlement on Brand Ownership, Shareholding, and Commercial Agreements

auther Sarthak Mahajan calendar01 Jul 2025

TAFE to acquire AGCO’s 20.7% stake for $260 million, gaining exclusive Massey Ferguson brand rights in India, Nepal, and...

Maruti Suzuki Sales Decline in June, Exports Hit Record High

auther Arunima Pal calendar01 Jul 2025

Combined, mini and compact car sales were 60,591 units, a significant drop from 73,444 units in June 2024.