People · Professional & Local Services
Venttup appoints ex-Tesla India head as advisor
By Startup Enthusiast ·
- Date
- Company
- Venttup
- What it does
- Deep-tech component development and localization
- Kind
- People
What they do
Venttup develops critical components for the deep-tech ecosystem
What happened
Prashanth R
Why it matters
Menon, former Tesla India director, joins as Strategic Advisor; menon will guide scale-up, global expansion, and profitability
The details
- Venttup has appointed Prashanth R. Menon as its Strategic Advisor.
- Menon will guide the company's scale-up strategy, global expansion, and long-term growth.
- He will also focus on profitability and operational scalability.
- Menon will work with the founders and leadership on growth roadmap and market penetration.
- He will assist with investor engagement and strategic partnerships.
- Sandeep Nair, Co-founder and CEO, welcomed Menon, citing his global experience.
- Bhaskar Majumdar, Managing Partner of early investor Unicorn India Ventures, also welcomed Menon.
The bigger picture
- Menon previously served as Director – India at Tesla, leading India entry strategy.
- He also served as Chairman of the Board for Tesla India.
- Earlier at Tesla US, he led global teams for revenue, productivity, and cost optimization.
- Before Tesla, he worked at EY, advising CXOs on corporate strategy and M&A.
- His appointment aligns with Venttup's focus on localization and the government's Make in India initiative.
About the business
- Venttup focuses on localization and rapid development of critical components.
- It serves the deep-tech ecosystem.
- The company aims to build a sustainable local supply chain for global needs.
- Its model aligns with the Government of India's 'Make in India' initiative.
Investors
- Unicorn India Ventures (existing) — Early investor in Venttup; Managing Partner Bhaskar Majumdar welcomed Menon.
Founders
- Sandeep Nair, Co-founder and CEO
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