ARAPL onboards auto-tech sector veteran Neeraj Gupta, as Strategy & Growth Advisory Director

Affordable Robotic and Automation Limited (ARAPL) (BSE: 541402 | NSE: AFFORDABLE), a pioneer in industrial automation and smart robotic solutions, today announced the appointment of Mr. Neeraj Gupta, Founder of Meru Cabs, as its Strategy and Growth Advisory Director.

Neeraj is a pioneer in radio cabs in India and brings with him over two decades of entrepreneurial and leadership experience, having built Meru Cabs into one of India's most trusted mobility brands in the world. A highly motivated and optimistic serial entrepreneur, Neeraj is widely recognised for his expertise in start-ups and scaling businesses quickly. Under his leadership, Meru became a household name with a customer base of over 15 million users and a fleet strength of 20,000+ vehicles, operating across all major airports and offering both inter- and intra-city app-based services. Having raised growth capital through True North Private Equity Fund, Neeraj successfully exited Meru in June 2021, selling his stake to the Mahindra Group. Prior to Meru, in 2000, he founded V-Link Tours & Travels Pvt. Ltd., which grew into one of the country's largest enterprise mobility companies, servicing BPOs, IT firms, and media houses across nine cities in India. With a fleet of more than 2,000 vehicles, V-Link continues to serve some of India's top blue-chip companies.

Speaking on the appointment, Mr. Milind Padole, Managing Director, ARAPL, said: "We are delighted to welcome Neeraj on board. I found in Neeraj the same madness and passion to build a robotic company as mine-one that can be scaled on the world map. His proven expertise in building scalable business models and navigating disruptive industries will strengthen our strategic vision. We are undergoing a transformative stage that requires the right partners to take the ARAPL journey to the next level. Having an advisor with such rich experience as Neeraj will further enrich the company's growth plans ahead."

Neeraj's deep understanding of scaling businesses, customer-centric innovation, and forging strategic partnerships will provide invaluable direction as ARAPL accelerates its next phase of growth.

Commenting on his new role, Mr. Neeraj Gupta, said: "I am excited to join ARAPL at this crucial juncture in its growth journey. With its strong foundation in robotics, proprietary technologies, and international presence, Led by Milind and team's vision, ARAPL is well-positioned to capture emerging opportunities in automation across industries. I look forward to working with the leadership team to unlock new growth avenues and create long-term value."

ARAPL has consistently demonstrated innovation leadership in robotic welding automation, multi-level car parking automation, warehouse automation, and AI-based robots. With Mr. Gupta's strategic insights, the company aims to scale its footprint across Europe, the Middle East, and the US, while deepening its presence in high-growth sectors like autonomous logistics and port automation.

Shares of Affordable Robotic & Automation Ltd was last trading in BSE at Rs. 270.60 as compared to the previous close of Rs. 281.00. The total number of shares traded during the day was 6878 in over 424 trades.

The stock hit an intraday high of Rs. 286.15 and intraday low of 268.25. The net turnover during the day was Rs. 1910238.00.

Source : Equity Bulls

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