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Rohit Pandit Assumes Role as CMD at Shuzlan Energy, Paving Way for Expansion in India’s EV Charging Infrastructure

Shuzlan Energy, India’s fastest-growing electric vehicle charging point operator, is delighted to reveal that Mr Rohit Pandit has taken over the post of Chairman and Managing Director after successfully acquiring a majority stake in the company, signifying a pivotal moment for the company as it enters a new phase of growth and development. Rohit Pandit’s takeover of the post of CMD underscores the company’s strategic vision to expand its footprint in the electric vehicle charging industry, particularly in providing charging hubs for bus and fleet operators all across India. His profound expertise in finance and strategic planning will play a pivotal role in steering the company towards sustained growth and expansion.

Rohit’s strategic direction for Shuzlan Energy entails allocating 80% of the company’s focus towards developing EV charging hubs for bus and fleet operators. These dedicated charging stations will play a pivotal role in supporting the transition to electric mobility in the commercial transportation sector, promoting sustainability, and reducing emissions. Under Rohit’s leadership, Shuzlan Energy plans to install a whopping 750 AC and DC charging points across India. Furthermore, Rohit plans to enter into the strategic partnerships with various fleet operating and management companies, which will enable Shuzlan Energy to create a robust business model for its charging points operation.

In line with his background, Rohit will be focusing on finance and strategy to drive Shuzlan Energy’s expansion in this critical sector.

Expressing his vision for the company, Rohit Pandit said, “Our focus on EV charging hubs for bus and fleet operators is vital to support the government’s clean energy initiatives. We don’t aim to be a company with the maximum number of chargers. Instead, we strive to be the company that ensures maximum utility per day per charger. This approach will not only benefit our clients but will also contribute significantly to a sustainable and cleaner future. I am dedicated to propelling Shuzlan Energy to new heights of success and contributing to the transformation of India’s mobility landscape.”

About Rohit Pandit

Rohit Pandit is a true trailblazer whose remarkable career has spanned diverse sectors and left a mark on the business landscape. With an unwavering commitment to excellence and a passion for making a meaningful impact, he has demonstrated exceptional financial acumen and strategic expertise throughout his journey. From representing his state in national cricket tournaments to pioneering sustainable housing initiatives in East Africa and driving transformative growth as the Managing Director of the People’s Group, Rohit’s leadership has been nothing short of extraordinary.

In a career spanning over 15 years, Rohit has demonstrated a remarkable blend of financial expertise and strategic acumen. With a degree in Chartered Financial Analyst and a Post-graduation in Management, he commenced his professional journey as an Equity Research Analyst in Mumbai. Inspired by his passion for making a meaningful impact, Rohit ventured into East Africa, where he led sustainable housing initiatives in collaboration with esteemed institutions and government bodies. Upon returning to India, he assumed a leadership role in the People’s Group, where he orchestrated a period of great growth and diversification across various sectors.

As the CMD of Shuzlan Energy, he will continue to shape India’s clean energy landscape, providing efficient and sustainable EV charging solutions. He remains dedicated to creating a greener future and addressing environmental challenges through clean energy and infrastructure projects. Beyond his professional endeavors, Rohit finds solace and enjoyment on the golf course

Shuzlan Energy believes that Rohit Pundit’s leadership will unlock new opportunities and synergies within the EV charging sector, allowing the company to better serve its customers and contribute to the advancement of sustainable transportation solutions in the country. The entire team is thrilled about this development and looks forward to achieving new milestones under his guidance.

EV
by Team SNFYI

Are you considering investing in an electric vehicle? If so, you have made the right decision. Electric cars are gaining popularity due to their numerous benefits. However, before you buy an electric car, you must consider the factors discussed in the following sections. They will help you make an informed decision. 6 Points You Must Consider While Buying Electric Cars  Let’s take a look at the important points you must consider before buying electric cars in India:  Ideally, an electric car has a driving range of over 100 km, which is sufficient for daily driving. However, high-end electric vehicles offer a driving range of over 400 km.   Considering the maximum distance the vehicle can travel on a single charge will help you determine whether the car meets your requirements. To make your purchase stress-free, research the prices of the cars and know your budget. Consider applying for an electric vehicle loan to help you fulfil your dream of owning a car without denting your savings. Use a car loan EMI calculator to calculate your monthly instalment and formulate a financial plan, considering other liabilities.  The formula for calculating electric car loan EMI is as follows: EMI = [P x R x (1+R)^N]/[(1+R)^N-1] Here,  P = Principal sum of the car loan  R = Rate of interest charged by the lender  N = Tenure of the loan in months  As you can see, the calculation procedure is time-consuming and prone to errors. So, you can use an online car loan EMI calculator to get accurate results quickly.  The battery is the most important component of an electric car, and it’s quite expensive. Therefore, it is essential to check the battery life before purchasing an electric vehicle. Find out details about the battery range and other specifications.  Moreover, check how long the battery can last and how much it will take to replace it.  Remember that you won’t find an electric vehicle charging station as easily as you find a fuel station. This is because the electric vehicle charging infrastructure has yet to establish a strong footing in India. Fast chargers are quite expensive to install in the car, and your city might have very few charging stations for them. On the other hand, standard and slow-charging systems are more reasonably priced. So, before buying an electric car, check which charging system suits your vehicle and meets your budget. Electric vehicles are equipped with software, which must be updated regularly. While some manufacturers provide the software for free, others may charge a fee for it. Moreover, remember to ensure that your electric vehicle has the latest software upgrades/updates.  You must maintain your electric vehicle regularly, just as you would a conventional car. Otherwise, its performance will be affected. Electric cars have few moving parts, requiring less maintenance effort. Also, buying spare parts for an electric car will be more expensive than for conventional cars. So, consider the maintenance costs of an electric vehicle before investing in one.  Additional Important Things to Keep …

by Team SNFYI

Bharatsure, one of India’s leading Insurtech companies offering Infrastructure as a Service (IaaS) solutions has raised INR 6 Crores from Inflection Point Ventures (IPV) and other investors including Capital A and Atrium Angels. Bharatsure is pioneering transformation in India’s insurtech landscape, unlocking vast market potential while advancing health security and insurance penetration. As an Infra-as-a-Service (IaaS) Insurtech, Bharatsure empowers ecosystem partners with seamless group and embedded insurance distribution solutions. Bharatsure has doubled its revenues in FY25 breaking even at CM3 and is gradually progressing toward EBITDA profitability by the end of this year. With a clear growth trajectory, Bharatsure has set ambitious revenue milestones, targeting INR 100 Cr by FY28 and INR 1000 Cr by FY34, reflecting its bold vision and long-term scalability in the market. Anuj Parekh and Sanil Basutkar are the co-founders of Bharatsure. Anuj, a CA and IIM-Bangalore alumnus, brings deep expertise in finance and scaling ventures, while Sanil, a CA and an ISB alumnus, employs his fintech background to drive product innovation and distribution. Coinciding with the fundraise, Bharatsure announced a new partnership with Battery Smart, India’s largest battery-swapping network for electric two- and three-wheelers, to launch natural calamity insurance exclusively for its station partners. The initiative offers protection against events such as fires, floods, earthquakes, and storms alongside personal accident coverages to safeguard individual livelihoods.  Mitesh Shah, Co-founder, IPV says, “As India moves towards a greener and sustainable future with the widespread adoption of EVs, and the infrastructure that supports it, it is time that we adapt our insurance frameworks to suit the changing needs. Bharatsure’s futuristic mindset and farsight offers financial protection and peace of mind in the face of unexpected events. In a world that doesn’t always go according to plan, insurance doesn’t just offer protection, it also carries the burden of social responsibility.” Anuj Parekh, Co-Founder & CEO of Bharatsure, added: “These station partners play a frontline role in advancing sustainable mobility, and we’re proud to design coverage that genuinely addresses their needs. The funding allows us to further develop our infrastructure too ”  With over 1,500 stations and 70,000+ drivers across 50+ cities, Battery Smart’s station partners form the backbone of India’s growing EV infrastructure. This insurance plan ensures partners are equipped with financial protection to overcome unforeseen disruptions while continuing to power the country’s EV transition.  “Our station partners are at the heart of our operations,” said Ms. Sumi Jain, AVP – Network Strategy and Operations, Battery Smart. “This insurance partnership is not just about protecting assets, it’s about empowering the individuals who are driving India’s EV revolution. Together with Bharatsure, we are fortifying the backbone of our network.”  As EV adoption picks up pace in India particularly across two- and three-wheelers, battery swapping stations are emerging as a critical part of the ecosystem. To strengthen safety for its partners, this insurance initiative complements Battery Smart’s existing safety framework, which includes a 24×7 support helpline, in-app issue reporting, mandatory onboarding training and ongoing awareness campaigns.   About Battery Smart:  Battery Smart …

EV
by Team SNFYI

Shanghai, June 2025 – In a move set to shake up the electric vehicle (EV) landscape, Tesla has officially introduced a 6-seater version of its popular Model Y SUV for the Chinese market. This marks the first time the automaker has offered this specific seating configuration in China, indicating a strong focus on capturing the growing demand for more family-friendly electric vehicles in the world’s largest EV market. The new Tesla Model Y 6 seater is expected to launch in Q3 2025 and will be manufactured at Tesla’s Gigafactory in Shanghai, which already produces Model 3 and Model Y units for the Asia-Pacific region. Family-Focused Configuration The Tesla Model Y 6 seater introduces a more versatile interior layout, offering two captain’s chairs in the second row instead of the traditional bench seat. This setup not only enhances passenger comfort but also provides easier access to the third row, making it ideal for families with children or those who frequently transport multiple passengers. Tesla’s design update is in line with customer feedback from China, where extended family travel is common, and functionality often outweighs minimalism in vehicle interiors. According to local sources, the 6-seater Model Y will also include upgraded air filtration systems and enhanced rear climate controls, catering to the preferences of premium Chinese buyers. Market Strategy in China China represents Tesla’s second-largest market after the United States, and this launch signals the company’s strategic intent to remain competitive against domestic giants like BYD and Li Auto, both of which offer flexible seating layouts in their best-selling SUVs. The addition of the Tesla Model Y 6 seater is expected to boost the brand’s presence among middle- to upper-income families who previously might have considered more spacious alternatives. Tesla is also planning a strong marketing push around the family-first messaging, emphasizing safety, comfort, and advanced self-driving features. Competitive Pricing and Delivery Timeline While official pricing has not been confirmed, early reports suggest the 6-seater Tesla Model Y will be priced slightly above the Long Range variant but remain competitive in its segment. Industry analysts expect the starting price to be around ¥350,000 (approx. $48,000), positioning it below traditional luxury competitors like Mercedes-Benz EQB or NIO ES6. Pre-orders for the Tesla Model Y 6 seater are expected to begin by late July, with deliveries starting as early as September 2025. What’s Under the Hood? Mechanically, the 6-seater Model Y will remain consistent with current dual-motor AWD versions. It is expected to feature a similar battery configuration with a range of up to 530 km (approx. 330 miles) per charge under CLTC testing standards. Tesla’s infotainment and software upgrades will also be included, featuring the latest Full Self-Driving (FSD) beta, real-time traffic visualization, and a theater mode for rear passengers—a feature well-suited to longer family drives. Final Thoughts With this latest addition, Tesla is not just responding to consumer demand—it’s setting the tone for how EVs can adapt to regional market needs. The Tesla Model Y 6 seater represents a smart blend of …