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DealShare CEO Kamaldeep Singh exits to lead Indofast Energy amid reported Truemeds acquisition talks

Inc42 reports Singh will lead a battery-swapping venture between Indian Oil Corporation and SUN Mobility.

1 Source, 20d ago, first seen 20d ago

TLDR

Inc42 reports Kamaldeep Singh, DealShare’s CEO since January 2024, is leaving to lead Indofast Energy, which aims to expand its battery-swapping network across India. DealShare is reportedly exploring a potential acquisition by Truemeds through a share-swap deal valuing it at just over $90 million, down nearly 95% from its $1.7 billion peak.

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1 Source, first seen 20d ago