Electric vehicle manufacturer Zelio E-Mobility has announced the appointment of Divyanshu Agarwal as its Chief Executive Officer, effective 15 April, 2026.
The 26-year-old chartered accountant takes on the role pursuant to a resolution by circulation passed by the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee.
Agarwal joins Zelio after stepping down from Navi Limited earlier this month—a company he was associated with since November 2021. Over this period, he progressed from a finance associate to Head of UPI Business and Growth in July 2025. In this role, he led the UPI business and played a role in key company initiatives including the DRHP process, private equity fundraising and other cross-functional projects.
His professional training began at Price Waterhouse Chartered Accountants, Kolkata, where he handled statutory audits of large listed companies.
At Zelio E-Mobility, Agarwal’s role will focus on strengthening operational execution, overseeing the development and scaling of new manufacturing plants, including the Odisha and Coimbatore facilities, expanding the company’s market presence, and aligning growth with long-term business fundamentals.
On his appointment, Agarwal said, "Zelio is at a stage where growth needs to be backed by consistent execution and clarity in direction. The focus will be on strengthening the core, expanding reach in a measured way and building products that customers can rely on every day. The opportunity is significant, and the effort will be to build it with discipline."
Kunal Arya, Managing Director, Zelio E-Mobility commented, “Divyanshu brings a strong understanding of both finance and business operations. He has seen how to build and scale in fast-moving environments. As we expand, the need is for sharper execution and long-term thinking, and he is well equipped to take that forward."
