Amit Anchal

Board Member, Ola Electric
Amit Anchal

Amit Anchal

Board Member, Ola Electric

Biography

Amit is a Board member of Ola Electric and has led Strategy, Corporate Finance and Corporate Development for Ola & Ola Electric for the last couple of years.

He partners with the Founder (Bhavish Aggarwal) in bringing strategic direction to the businesses as well as leads the corporate finance for the group including Equity, Debt fundraising, Capital Market (IPO), Corporate structuring, M&A etc.

Prior to his current role, Amit led similar role for Airtel and Bharti Group Companies.

Amit has always worked with first generation enterprises. Before his current role with Bhavish, he was with Airtel working directly with Sunil Mittal in various roles for 18 years.

Amit has worked with first generation entrepreneurs in building strategy and executing fast growth. In the last 24 months he has worked closely with Bhavish as Ola electric scaled up to be the iconic EV play in India.

Similarly, he has been part of Bharti and Airtel’s phenomenal growth and expansion for close to 18 years.

He has also been a part of several strategic and growth initiatives such as Indus and Infratel Towerco creation, Africa passive infra sale and lease back, IT & Network outsourcing (all Harvard Case studies now).

Amit has been a foremost deal-maker and fund raiser (Private and Capital markets) throughout his career. In Airtel itself he has successfully executed over 70 large transactions of M&A, Fundraising, JV etc. Many of these deals are multi-billion dollar ones.

Amit enjoys very strong relationships with funds across VC, PE and Capital market spectrum and has led fundraising that are largest in the PE space in India.

He has worked on businesses across sectors including Consumer Internet, EV, Fintech, Telecom, Towers, Renewable energy etc.