IndoFast Energy
Tejus Singh is an experienced finance professional currently serving as the Head of Corporate Finance for Debt & Investor Relations at IndoFast Energy since September 2024. Previously, Tejus held the same title at SUN Mobility from May 2022 to September 2024, where responsibilities included leading debt fundraising initiatives and developing a robust debt pipeline. Tejus has a significant background in finance, having worked as the Deputy General Manager of Finance at Sobha Ltd. from May 2011 to May 2022, overseeing fundraising efforts and building strong relationships with financial institutions. Earlier in the career, Tejus was a Software Engineer at Birlasoft, focusing on project requirements and testing processes. Tejus holds an MBA in Finance and Operations from Alliance University and a Bachelor's degree in Electrical, Electronics, and Communications Engineering from Uttar Pradesh Technical University.
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IndoFast Energy
IndoFast Energy is a newly formed 50:50 joint venture between India’s largest energy retailer, IndianOil, and the nation’s leader in Battery Swapping for electric vehicles, SUN Mobility. Headquartered in Bangalore, IndoFast Energy is a significant step towards making electric vehicle adoption more mainstream and convenient for millions. With a vision to serve over a million customers, the joint venture expects to invest over a billion dollars over 3 years and scale up to over 10,000 battery swapping stations across 50+ cities. The joint venture will enable seamless adoption of electric mobility across 2W, 3W and small 4W vehicles, by providing a convenient ‘Battery as a Service’ (BaaS) mobility solution. Leveraging IOCL’s extensive network of 37,000 fuel stations, the battery swapping solutions will become even more accessible, affordable and practical for users across the country.