EV startup Statiq appoints ex-GE exec Aditya Mishra as first-ever CFO

Statiq, an electric vehicle charging solution provider, has appointed former General Electric executive Aditya Mishra as its first-ever Chief Financial Officer (CFO).

Mishra will lead Statiq’s corporate finance and business growth objectives and is expected to help the startup expand its portfolio and footprints across India and beyond.

Statiq had in June last year raised $25.7 million or Rs 200 crore in a series A funding round led by Shell Ventures; it has plans to set up 20,000 EV charging points by the end of 2023.

Prior to joining Statiq, Mishra was working as CFO at Fenice Energy, a solar energy company in Chennai, his LinkedIn profile shows. Previously, he has worked in organizations including GE, Genpact, and ITC, among others.

"We're very pleased to have Aditya join us at this very critical time of our company's journey. We've embarked on an ambitious expansion campaign in recent months. We see continuous growth in the EV segment in India and we intend to make sure that everyone with an EV should have access to a charging station within minutes. Here, Aditya can bring his wealth of experience and innovation to ensure we also achieve our financial objectives," Akshit Bansal, CEO, Statiq, said in a statement.

"I am very impressed with what Statiq has been able to achieve in a short time. It tells me that the company is very ambitious and is big on smashing its goals. I believe we can transform Statiq into an enviable entity from the financial point of view, by ensuring stability, significantly growing its worth and equity, and maintaining profitability," said the new CFO.

Statiq was launched in October 2019; the startup has raised a total of $27.5 million over two rounds.