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Entrepreneur India EV 2025 – Day 2: Funding, Innovation, and Strategic Alliances Propel India’s Electric Vehicle Mission

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The second day of the Entrepreneur India EV 2025 summit witnessed a dynamic blend of strategic dialogues, visionary insights, and impactful discussions—cementing India’s electric mobility movement as a national priority. The day revolved around critical themes such as financing models, battery advancements, and policy-driven momentum, all pointing to one clear direction: India’s EV trajectory is accelerating with purpose.

The day kicked off with a compelling keynote titled “From 2 to 20 Million: India’s Bold EV Leap” by Mr. Mahesh Babu, Global CEO of Switch Mobility. Emphasizing India’s proactive approach, he remarked, “India isn’t merely responding to change—we are at the helm of driving it. The convergence of progressive policies and bottom-up innovation is pushing boundaries. But achieving our next major goal demands more than capital—it requires unified effort, strategic intent, and fearless execution.”

Ms. Ashita Marya, CEO of Franchise India, echoed this sentiment during her address, stating, “India’s electric mobility push is no longer about catching up; it’s about leading responsibly. The conversations we had today exemplify how finance, innovation, and entrepreneurship are aligning to shape a sustainable and scalable EV ecosystem. That’s the vision we’re proud to support at Franchise India.”

A high-powered panel followed the keynote, titled “Unlocking the Future of EV Funding: Partnerships, Technology, and Economic Value”. The session was moderated by Ms. Vasudha Madhavan, Founder & CEO of Ostara Advisors, and featured key players from the EV finance landscape:

  • Mr. Kunal Mundra, CEO & Founder, Astranova Mobility
  • Mr. Nandagopal R, President & National Business Head – Green Finance, Shriram Finance
  • Ms. Akanksha Sharma, AVP, Green Finance, Namdev Finvest
  • Ms. Nehal Gupta, Founder & MD, AMU Leasing Pvt. Ltd
  • Mr. Dev Arora, Founder & CEO, Alt Mobility

During the session, Ms. Madhavan highlighted, “In the past ten years, India’s EV industry has grown from a concept to a commercially viable sector. However, access to capital continues to be the make-or-break factor for innovation.”

Ms. Akanksha Sharma emphasized a shift in funding paradigms, noting, “Financial inclusion must go beyond credit scores and paperwork. We should be evaluating intent and impact—that’s how we finance genuine transformation.”

Ms. Nehal Gupta added, “While infrastructure can be built, trust needs to be nurtured. For EV ventures, belief in the vision is just as important as the physical assets.”

The discussions then shifted to technological innovation, specifically battery advancements, in a session titled “Revolutionizing Battery Manufacturing: Chemistry, AI, and Compliance”. This panel was moderated by Professor Amartya Mukhopadhyay from IIT Bombay, and featured:

  • Ms. Kavita Verma, CEO, Maxwell Energy Systems
  • Mr. Pramod Nanjundaswamy, VP & Global Delivery Head – Automotive & Mobility, Cyient
  • Mr. Guru Punghavan, CEO, Boson Cell

Mr. Punghavan shared a striking evolution of his company’s mission, stating, “What began as a battery recycling venture has now matured into vertically integrated cell manufacturing. Our lithium-ion cells are on track to undercut even the most competitive Chinese alternatives—making local production not just sustainable but economically superior.”

As Day 2 came to a close, the Entrepreneur India EV 2025 event stood as a testament to the nation’s unwavering commitment to clean and future-ready mobility. With a wide array of stakeholders—ranging from industry veterans to emerging innovators—contributing to meaningful discussions, the day reinforced the momentum building around electric vehicles in India.

With vibrant participation and clear strategic direction, the second day of the expo not only informed but also inspired, reaffirming the EV 2025 platform’s pivotal role in steering India’s electric transformation.

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