Meet Amitabh Saran, ex-NASA employee, CEO of Mukesh Ambani-backed company seeking Rs 2,800 crore valuation | Photo: LinkedIn/ Amitabh SaranFormer NASA employee Amitabh Saran founded Altigreen Propulsion Labs with a vision to be a stakeholder in India’s journey to become an EV superpower. The Bengaluru-based company which makes electric mobility solutions for last mile connectivity bagged Rs 300 crore Series A funding in 2022. The Ambani-backed EV maker is looking to achieve a valuation of around $350 million (around Rs 2,891 crore), the report added. Saran founded Altigreen Propulsion Labs in 2013 as an electric vehicle company. Hailing from Uttar Pradesh capital Lucknow, Dr Amitabh Saran did his schooling from his hometown and Dehradun before going on to study computer science engineering at Motilal Nehru National Institute of Technology in Prayagraj.

Source: dna May 29, 2023 17:47 UTC