SHASHANK JAIN
Gurgaon
Summary
Strategic advisor specializing in new-age automotive tech, EV ecosystems, and smart mobility. Proven track record guiding C-suite & PE clients through commercial and technical due diligence , market entry, and product-tech roadmaps to unlock growth
Overview
13
13
years of professional experience
Work History
AVP, Automotive & Industrials
EY Parthenon
Gurgaon
10.2024 - Current
- Facilitated ~$500 million deal for large Indian conglomerate entering E-PV (cars) market through strategic investment in leading OEM by conducting technical & commercial DD.
- Secured ~$70 million investment for global PE firm in EV arm of an Indian conglomerate having E- 3W, MHCV, tractor, and LCVs through commercial DD.
- Conducted Sell side DD for an automotive electronics supplier for fundraising
- Executed diversification strategy for an auto Tier-I supplier to identify EV component opportunities driven by powertrain changes and technological disruptions.
Senior Associate, Automotive & Industrials
EY Parthenon
Gurgaon
06.2022 - 09.2024
- Formulated product, distribution, and new business model strategies for a leading Indian electric 2W/3W OEM to drive market share growth over the next 5 years.
- Conducted bottoms-up cost analysis of heavy-duty electric trucks in India for a US-based non-profit research organization
Senior Associate (Management Consulting, Automotive)
Price Waterhouse Coopers (PwC)
Gurgaon
01.2022 - 06.2022
- Executed & formalized the PMO for localization and cost reduction activities for India's largest electric-2W OEM.
Consultant
Ricardo Strategic Consulting (RSC)
New Delhi
01.2016 - 10.2020
- Pioneered the TCO Analysis for 2 / 3W for electric vs. conventional powertrain for a Global 2W OEM & finalized 5-year electrification strategy
- Devised a localization strategy for a global E-2W OEM to manufacture high speed E-scooters in India
- Developed market entry strategy for Western CV OEM to penetrate Indian market with medium & heavy duty trucks.
Project Engineer
Ricardo PLC
New Delhi
02.2014 - 12.2015
- Facilitated techno-commercial discussions on a project basis between Ricardo-UK and automotive clients in India
- Liasoned with Ricardo technical team for transmission testing at R&D center of India's leading PV OEMs
Education
International MBA - Strategy
IE BUSINESS SCHOOL
MADRID, SPAIN12-2021
Bachelor of Engineering - Mechanical Engineering
SIR PADAMPAT SINGHANIA UNIVERSITY
UDAIPUR, INDIA04-2013
Skills
- Commercial & technical due diligence
- Market entry strategy
- Product & technology strategy
- Strategic planning
Other Achievements
- Co-authored the article 'Hydrogen ICE: a green engine to drive into the future' published in Financial Express., https://www.financialexpress.com/business/express-mobility-hydrogen-icea-green-engine-to-drive-into-the-future-2974218/
- Co-authored the article 'How software-driven revolution will redefine the automotive industry' published on EY.com., https://www.ey.com/en_in/insights/automotive/how-software-driven-revolution-will-redefine-the-automotive-industry
Timeline
AVP, Automotive & Industrials
EY Parthenon
10.2024 - Current
Senior Associate, Automotive & Industrials
EY Parthenon
06.2022 - 09.2024
Senior Associate (Management Consulting, Automotive)
Price Waterhouse Coopers (PwC)
01.2022 - 06.2022
Consultant
Ricardo Strategic Consulting (RSC)
01.2016 - 10.2020
Project Engineer
Ricardo PLC
02.2014 - 12.2015
International MBA - Strategy
IE BUSINESS SCHOOL
Bachelor of Engineering - Mechanical Engineering
SIR PADAMPAT SINGHANIA UNIVERSITY