Magenta Mobility Appoints Ankur Bhandari as Head of Finance

Mumbai, 30 July 2025: Magenta Mobility, India’s leading electric mobility solutions provider, has announced the appointment of Mr. Ankur Bhandari as its new Head of Finance. With over 15 years of financial leadership experience across the chemicals, retail, consumer goods, and logistics sectors, Mr. Bhandari brings deep expertise and strategic insight to this critical role.

This appointment comes at a pivotal time as Magenta Mobility gears up for its next phase of growth and innovation. Mr. Bhandari’s proven track record in financial planning, business partnering, and margin optimisation will be key to strengthening the company’s financial performance and supporting its long-term strategy. At Magenta, he will focus on building a high-impact finance function that enables cost leadership, scalability, and operational excellence.

Before joining Magenta Mobility, he held leadership roles at DP World Group, Mahindra Logistics, VRS Foods Ltd., BASF Chemicals, and Texmo Pipes and Products Ltd., where he drove transformation initiatives across finance, supply chain, and operations.

Mr. Maxson Lewis, Managing Director and CEO, Magenta Mobility, said “We are excited to welcome Ankur to our leadership team. His strategic acumen, deep domain expertise, and hands-on approach to financial transformation will be invaluable as Magenta continues to scale in a dynamic and competitive market.”

Mr. Ankur Bhandari, Head of Finance, Magenta Mobility added, “I’m thrilled to join Magenta at such an exciting time in its journey. It’s a dynamic brand with bold plans to scale, and I look forward to working closely with the leadership team to build financial agility, support sustainable growth, and help shape the next chapter of Magenta’s success story.”

With this appointment, Magenta Mobility reinforces its commitment to building a robust, future-ready leadership team to power its mission of decarbonising logistics at scale.