Greaves Finance Appoints Mukul Kanchan as ED & CEO

Greaves Finance Limited (GFL), a wholly-owned subsidiary of Greaves Cotton Limited, has appointed Mukul Kanchan as its Executive Director & Chief Executive Officer, effective October 1, 2026. Kanchan brings nearly two decades of experience in lending, corporate finance, private equity, and M&A. He will lead GFL's growth phase, focusing on scaling its electric vehicle (EV) financing platform, ev.fin. This platform, launched in 2023, aims to provide tailored financing solutions for electric two-wheeler buyers and works with EV manufacturers and dealers across 86 cities. Kanchan's focus will be on deepening partnerships with EV OEMs, broadening the funding base, and building a scalable lending franchise with strong credit discipline.