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Ankit Mehta

Vice President, IndusInd Bank
Mumbai, Maharashtra,India
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Ankit Mehta's Overview

Total Experience15 years
CompanyIndusInd Bank
CountryIndia

Ankit Mehta is an Indian entrepreneur best known as the co-founder and Chief Executive Officer (CEO) of ideaForge Technology, a pioneering Indian company specializing in Unmanned Aerial Vehicle (UAV) or drone technology. An alumnus of the Indian Institute of Technology, Bombay (IIT Bombay) with a degree in Mechanical Engineering, Mehta, along with his co-founders, established ideaForge in 2007. He has been instrumental in driving the company's vision to design, develop, and manufacture indigenous, cutting-edge UAV solutions for surveillance, mapping, and security applications. Under his leadership, ideaForge has become a market leader in India, serving critical sectors such as defense, homeland security, and various industrial enterprises. Ankit is recognized for his contributions to building India's drone ecosystem and promoting 'Make in India' in high-technology manufacturing.

Professional Summary

Ankit Mehta's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

IndusInd Bank - Vice President (2022 to Present)
Yes Bank - Senior Manager (2013 to 2015)
Tata Consultancy Services - Summer Intern (2011 to 2011)
Accenture - Software Engineer (2008 to 2010)

Notable Achievements

Co-founder & CEO of ideaForge

Co-founded ideaForge in 2007 and led it to become India's largest drone manufacturer, known for its advanced UAVs used by Indian armed forces, police, and various industries.

Pioneering Indigenous Drone Technology in India

Played a key role in developing and manufacturing world-class, indigenous drones, significantly contributing to India's self-reliance in UAV technology.

MIT Technology Review 'Innovators Under 35'

Recognized by MIT Technology Review as one of the top young innovators (typically awarded to the co-founding team or for the core innovation of the company they represent) for his work in drone technology.

Successful IPO of ideaForge

Spearheaded ideaForge through a highly successful Initial Public Offering (IPO) in 2023, which was significantly oversubscribed, marking a milestone for Indian deep-tech companies.

Multiple Awards for ideaForge

Under his leadership, ideaForge has received numerous accolades, including the Marico Innovation Foundation Award and recognition from the Department of Industrial Policy & Promotion (DIPP).

Educational Background

Masters of Management Studies, Finance, General

Jamnalal Bajaj Institute of Management Studies - Year 2010

Bachelor of Engineering - BE, Electronics and telecommunications

Dwarkadas J. Sanghvi College of Engineering - Year 2004

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

IndusInd Bank
Total employees38992
HeadquartersMumbai
Founded1994

IndusInd Bank Limited is an Indian financial services company headquartered in Mumbai. It offers a wide range of banking products and services for individuals and corporates, including savings and current accounts, loans (personal, home, vehicle), credit cards, deposits, forex services, wealth management, and NRI banking. The bank focuses on leveraging technology to provide convenient and customer-centric financial solutions across its extensive network of branches and ATMs in India.

IndusInd Bank Stock Information
IndusInd Bank, Inc. is listed on the National Stock Exchange of India under the ticker symbol INDUSINDBK. The company went public on October 17, 1994

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