About Us

About Us

Driving India’s EV Revolution,

Driving India’s EV Revolution,

One Swap at a Time.

One Swap at a Time.

Future-Ready
Future-Ready
Future-Ready
Sustainable Growth
Sustainable Growth
Sustainable Growth
Trusted Network
Trusted Network
Trusted Network
Powered by Purpose
Powered by Purpose
Powered by Purpose
At Indofast Energy, we’re on a mission to make electric mobility effortless, affordable, and accessible for every Indian.

With our fast and reliable battery swapping network, we’re helping drivers, businesses, and cities make the clean shift, without compromising on time, cost, or convenience.

Our Story

Indofast Energy is a joint venture between IndianOil Corporation Limited (IOCL), one of the largest energy companies in the world, and SUN Mobility, a pioneer in battery-swapping technology.

Together, we bring unmatched scale, infrastructure, and innovation to the EV ecosystem, with the trust of IndianOil and the tech of SUN Mobility.
2020
Strategic Alliance Begins

IndianOil and SUN Mobility signed an MoU, laying the foundation for a future-ready electric mobility partnership.

2020
Strategic Alliance Begins

IndianOil and SUN Mobility signed an MoU, laying the foundation for a future-ready electric mobility partnership.

2020
Strategic Alliance Begins

IndianOil and SUN Mobility signed an MoU, laying the foundation for a future-ready electric mobility partnership.

2024
Indofast Energy is Born

Indofast Energy was officially launched, setting out to revolutionize urban transport with battery swapping at its core.

2024
Indofast Energy is Born

Indofast Energy was officially launched, setting out to revolutionize urban transport with battery swapping at its core.

2024
Indofast Energy is Born

Indofast Energy was officially launched, setting out to revolutionize urban transport with battery swapping at its core.

2025
Targeting 100K+ Vehicles

Aiming to onboard over 100,000 vehicles onto the platform. Focused on expanding into Tier-2 and Tier-3 cities, scaling retrofit programs, and deepening ecosystem partnerships.

2025
Targeting 100K+ Vehicles

Aiming to onboard over 100,000 vehicles onto the platform. Focused on expanding into Tier-2 and Tier-3 cities, scaling retrofit programs, and deepening ecosystem partnerships.

2025
Targeting 100K+ Vehicles

Aiming to onboard over 100,000 vehicles onto the platform. Focused on expanding into Tier-2 and Tier-3 cities, scaling retrofit programs, and deepening ecosystem partnerships.

Our
Vision

To enable green mobility for all by creating an inclusive and sustainable ecosystem powered by battery swapping.

Our
Mission

To make battery swapping the first choice for mobility by delivering solutions that are affordable, accessible, and reliable for every Indian.

Our Values

Our Values

Our Values

Fueled by Purpose,

Driven by Values

Fueled by Purpose,

Driven by Values

Fueled by Purpose,

Driven by Values

Ownership in Action

We believe in accountability, agility, and initiative. Our teams move fast, take ownership of outcomes, admit mistakes, and make decisions that drive progress together, as one IndoFast.

Ownership in Action

We believe in accountability, agility, and initiative. Our teams move fast, take ownership of outcomes, admit mistakes, and make decisions that drive progress together, as one IndoFast.

Ownership in Action

We believe in accountability, agility, and initiative. Our teams move fast, take ownership of outcomes, admit mistakes, and make decisions that drive progress together, as one IndoFast.

Respect at the Core

We communicate with empathy and openness. We value diverse perspectives, encourage healthy debate, and celebrate every contribution building a culture of mutual respect.

Respect at the Core

We communicate with empathy and openness. We value diverse perspectives, encourage healthy debate, and celebrate every contribution building a culture of mutual respect.

Respect at the Core

We communicate with empathy and openness. We value diverse perspectives, encourage healthy debate, and celebrate every contribution building a culture of mutual respect.

Customer-Centric by Design

Every experience we create is focused on delight. We listen, adapt, and aim for excellence whether it’s for a customer, partner, or colleague.

Customer-Centric by Design

Every experience we create is focused on delight. We listen, adapt, and aim for excellence whether it’s for a customer, partner, or colleague.

Customer-Centric by Design

Every experience we create is focused on delight. We listen, adapt, and aim for excellence whether it’s for a customer, partner, or colleague.

Sustainable in Every Step

We prioritize long-term impact through innovation and efficiency. By embracing green practices, we’re driving not just growth, but a cleaner, better future for all.

Sustainable in Every Step

We prioritize long-term impact through innovation and efficiency. By embracing green practices, we’re driving not just growth, but a cleaner, better future for all.

Sustainable in Every Step

We prioritize long-term impact through innovation and efficiency. By embracing green practices, we’re driving not just growth, but a cleaner, better future for all.

Our Team

Our Team

Our Team

Meet the Leaders

Meet the Leaders

Meet the Leaders

Board of Directors

V. Satish Kumar

Chairman

V. Satish Kumar

Chairman

V. Satish Kumar

Chairman

Chetan Maini

Board of Director

Chetan Maini

Board of Director

Chetan Maini

Board of Director

Gur Prasad

Board of Director

Gur Prasad

Board of Director

Gur Prasad

Board of Director

Mr.Mike Nakrani

Board of Director

Mr.Mike Nakrani

Board of Director

Mr.Mike Nakrani

Board of Director

Key Portfolios

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Anant Badjatya

CEO, Indofast Energy

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Anant Badjatya

CEO, Indofast Energy

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Anant Badjatya

CEO, Indofast Energy

Prem Tarun Karnati

CFO, Indofast Energy

Prem Tarun Karnati

CFO, Indofast Energy

Prem Tarun Karnati

CFO, Indofast Energy

Rajat Mahan

Senior Vice President - Sales & Marketing

Rajat Mahan

Senior Vice President - Sales & Marketing

Rajat Mahan

Senior Vice President - Sales & Marketing

Ram Prasad Mamidi

Vice President - Technology Services & Delivery

Ram Prasad Mamidi

Vice President - Technology Services & Delivery

Ram Prasad Mamidi

Vice President - Technology Services & Delivery

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Amit Rao

Vice President - Business Strategy & Operations

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Amit Rao

Vice President - Business Strategy & Operations

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Amit Rao

Vice President - Business Strategy & Operations