Myles Automotive Technologies, India’s vehicle subscription and sharing platform, has announced the appointment of Amrish Bhargava as its new Chief Executive Officer (CEO).
As the CEO, he will be responsible for overseeing the partnerships, customer acquisitions, and product enhancements along with working with the founders on the overall business strategy.
The appointment is aligned with the company’s long-term growth, among other things.
Prior to his association with Myles, Bhargava was heading the auto division at Poonawalla Fincorp. Besides driving key business metrics like AUM growth and ROTA, his key responsibilities were charting out business strategy and aligning group goals. He brings in over two decades of experience in the auto finance and leasing industry, and also the claim of having managed portfolios worth over Rs 1,000 crore in the auto finance sector.
Sakshi Vij, Founder and MD, Mylescars, said, “I am a strong believer that any idea is as good as the team that executes it. As we embark on the next phase of growth at Myles, it is crucial that we are able to do so with a healthy mix of innovation, experience, and collaboration. We are thrilled to welcome Amrish onboard at this stage of our journey. His energy and experience will be integral to our growth moving forward.”
Bhargava added, “Myles has come a long way in their journey of transforming the automotive industry. Given the ambitious team, I am delighted to be a part of the trailblazing company as I strongly believe in its potential growth. I am bullish about the future of alternate ownership. Subscription is a logical way forward for the auto space. The customer needs flexibility, and subscription is the way to go. Therefore, I look forward to my role at Myles. I am excited to be a part of their journey.”