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AION-Tech names Biju Mathews as president and ceo

Veteran tech executive takes charge as firm pivots to platform-led, analytics-driven scale

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Hyderabad: AION-Tech Solutions has turned to a seasoned operator to script its next chapter. The listed business intelligence and IT services firm has appointed Biju Mathews as president and chief executive officer, signalling a sharper push towards platform-led growth and long-term value creation.

AION-Tech Solutions Ltd., formerly Goldstone Technologies, framed the move as a strategic reset aimed at accelerating organisational growth and strengthening value creation in a market that rewards scale, predictability and capital discipline.

Mathews arrives with more than 32 years of experience spanning enterprise technology, analytics platforms, digital commerce, media and EV mobility. His career has been built around steering companies through inflection points, strategic resets and business-model transitions, often in high-pressure, margin-sensitive environments. His toolkit includes enterprise strategy, fundraising, partnerships and operational transformation, with a tilt towards shifting firms from services-heavy models to platform, SaaS and analytics-led revenues.

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“AION-Tech is entering a pivotal phase of evolution as we sharpen our focus on platform-led growth and long-term value creation. Biju brings clarity of vision, operational maturity, and the leadership depth required to steer the organization through this next chapter. The Board looks forward to working closely with him as we continue to strengthen our strategic positioning and execution focus,” said Chanakya Bellam, director, AION-Tech Solutions.

Mathews most recently served as chief executive officer of ETO Motors, where he helped position the firm in clean mobility. His stint focused on expanding EV fleets, strengthening deployment capabilities and forging partnerships to improve operating efficiency in a capital-intensive sector.

“Technology and data are increasingly central to how enterprises make decisions, drive resilience, and create measurable impact. AION-Tech has a strong foundation and significant opportunity to scale its analytics and platform-led capabilities. I look forward to working closely with our teams and stakeholders to strengthen execution discipline, enhance delivery predictability, deepen client relationships, and build sustainable long-term value,” said Mathews.

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Before ETO, Mathews spent over eight years at Abhibus in the online commerce space, serving as chief operating officer and chief strategy officer. There he led business development, sales, marketing and operations, working with the board to scale the platform, widen services and institutionalise performance frameworks in a competitive digital market.

Earlier, he logged nearly two decades at the Indian Express Mumbai Group as vice president, handling business and financial management, restructuring, revenue strategy and operating-model shifts. The mix of digital and infrastructure-linked businesses, the company says, gives him a dual lens on innovation and operational risk.

Known for a hands-on management style and a strong boardroom presence, Mathews has often been tasked with moving firms from founder-led setups to process-driven, institutionally run enterprises. His appointment, AION-Tech argues, underlines a push towards tighter governance, clearer execution and scalable growth.

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Founded in 1994, AION-Tech positions itself as a full-stack data analytics and sustainable solutions player, offering services in data planning, sustainability and zero-emission platform development. The pitch is speed and impact—cutting time-to-value so clients can turn data into business outcomes faster.

For AION-Tech, the bet is that disciplined leadership can unlock the next curve of growth. For Mathews, the mandate is blunt: scale up, tighten execution and make the numbers talk. In a market that has little patience for drift, the clock is already ticking.

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Ola Electric announces Champion Mahotsav with Rs 10,000 benefits

Three-day offer across scooters and motorcycles celebrates India’s T20 World Cup win

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BENGALURU: Ola Electric has announced #ChampionMahotsav, a three-day nationwide celebration offering benefits worth Rs 10,000 across its vehicle portfolio, following India’s historic third ICC Men’s T20 World Cup victory.

During the limited-period celebration, customers can avail benefits worth Rs 10,000 on any Ola scooter or Roadster motorcycle, extending the festive mood among fans after the national triumph.

An Ola Electric spokesperson said the initiative builds on the strong response received during the company’s earlier Match Mahotsav campaign held during the tournament final.

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“Our Match Mahotsav during the T20 World Cup Final received an incredible response from fans across the country. To celebrate India’s historic third T20 World Cup victory, we are extending the celebrations for three more days with #ChampionMahotsav, offering benefits worth Rs 10,000 on any Ola vehicle,” the spokesperson said.

Ola Electric currently offers a broad portfolio of Gen 3 S1 scooters and Roadster X motorcycles.

The premium Gen 3 S1 range includes the Ola S1 Pro+ in 5.2kWh and 4kWh configurations, and the Ola S1 Pro in 4kWh and 3kWh options, priced at Rs 1,85,338, Rs 1,65,338, Rs 1,39,999 and Rs 1,19,999 respectively.

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In the mass segment, the company offers the Ola S1 X+ with a 4kWh battery, along with the Ola S1 X in 2kWh, 3kWh and 4kWh configurations, priced at Rs 1,14,999, Rs 77,999, Rs 93,999 and Rs 1,09,999 respectively.

Ola’s motorcycle line-up includes the Ola Roadster X+ in 4.5kWh and 9.1kWh configurations priced at Rs 1,04,999 and Rs 1,84,999. The Ola Roadster X is available in 2.5kWh, 3.5kWh and 4.5kWh options, priced at Rs 74,999, Rs 87,999 and Rs 94,999 respectively.

With #ChampionMahotsav, the company aims to ride the celebratory wave across the country while encouraging more consumers to switch to electric mobility.

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