GreenCell Mobility appoints Devndra Chawla as CEO

Devndra Chawla has held leadership positions with Spencer’s Retail, Walmart India, Future Group, Coca Cola and Asian Paints
Has over 26 years of experience and is a gold medalist engineer, University rank holder, holds an MBA and alumnus of Harvard Business School AMP program

Mumbai: January 20, 2023: GreenCell Mobility (GreenCell), a leading pan-India shared electric mobility player, has announced that Devndra Chawla has been appointed as the new CEO of the company. Mr. Chawla will lead the company’s objective of being the prime mover in building a sustainable growth momentum in the shared e-mobility space. He will report to the board of GreenCell.

Devndra Chawla, who has a rich and varied experience of 26+ years, was until recently the MD & CEO of Spencer’s Retail and Nature’s Basket. Prior to that, he was associated with Walmart India as EVP & COO and was CEO of the Future Consumer Limited (FCL) and Group President – Food, FMCG, Brands Future Group. He also served as the CEO – Food and Business Head for private brands (Future Group). Previously with Coca Cola, he led various roles including Area Operations Director, Director – Customer Service / Route to Market. He has also had a stint at Asian Paints as Regional – Branch Manager.

Commenting on the appointment, Mr Dhanpal Jhaveri, Vice Chairman – Everstone Group and CEO – Eversource Capital said, “We are excited to welcome Devndra to the GreenCell team, having successfully led many customer centric businesses to grow GreenCell into India’s leading green surface transport company.”

Mr Devndra Chawla, CEO, GreenCell Mobility said, “I am extremely thrilled with the opportunity to lead GreenCell that is revolutionizing the future of e-mobility in India. I feel privileged to scale the company’s growth to next phase which has established its base in business and is now ready to accelerate its businesses in green surface transport.”

Devndra Chawla did his Bachelor of Engineering in Production from Pune University. He holds an MBA degree from Symbiosis Institute of Business Management, Pune, and is an alumnus of the Harvard Business School via its Advance Management Program. He has been a mentor to many start-ups and a keen observer of consumer behavior. He has been a part of different committees of CII & FICCI for many years. He takes keen interest in the development of start-up ecosystem and in his spare time also teaches at Management Institutes.

GreenCell Mobility is India’s leading e-Mobility company backed by Eversource, the investment manager to India’s largest climate fund Green Growth Equity Fund (GGEF). GreenCell is implementing ~1,500 e-buses in the states of Maharashtra, Gujarat, Uttar Pradesh, Karnataka, Rajasthan, Uttarakhand, New Delhi, and Madhya Pradesh of which more than 700 E-buses are operational across 23 cities.

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