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Venttup appoints ex-Tesla India head as advisor

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Date
Company
Venttup
What it does
Deep-tech component development and localization
Kind
People
Sector
Professional & Local Services

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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