Ulhas joined the Mahindra Group in 1992. He has worked since then as General Manager - Corporate Planning, General Manager - Product Planning, General Manager, Mahindra-Ford Project and Treasurer. He was appointed President, IT Sector in 1999.

The IT Sector includes Tech Mahindra (focused on the telecom vertical), Bristlecone (supply chain consulting), Mahindra Consulting (ERP), Mahindra Logisoft (dealership management systems). The Group started several new businesses during his tenure, including used vehicles, engineering services and Mahindra SIRF, the Corporate VC Fund.

Ulhas previously worked with GKN Automotive Inc., USA as Director of Finance and later with GKN Invel Transmissions Ltd., New Delhi as General Manager – Commercial. He was a key member of the team that set up this project in India and completed the company’s IPO. He also worked with The Standard Batteries Ltd., Mumbai as Vice President - Industrial.

Ulhas has a Bachelor of Technology degree in Mechanical Engineering from the Indian Institute of Technology, Madras and Master in Business Administration from the Harvard Business School.