RattanIndia Enterprises Ltd to acquire 100 pc shareholding in Revolt Motors

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RattanIndia Enterprises Ltd to acquire 100 pc shareholding in Revolt Motors
RattanIndia Enterprises Ltd to acquire 100 pc shareholding in Revolt Motors

Revolt Motors claims to be the highest selling electric motorcycles in the country and Revolters, as the proud owners of Revolt EV bikes love to call themselves, have clocked more than 100 million kms on Indian roads till date

RattanIndia Enterprises Limited is acquiring 100% shareholding in the electric motorcycles market leader Revolt Motors. The company had earlier acquired 33.84% shareholding in Revolt, with an option to further increase the shareholding.

Revolt Motors claims to be the highest selling electric motorcycles in the country and Revolters, as the proud owners of Revolt EV bikes love to call themselves, have clocked more than 100 million kms on Indian roads till date.

Revolt Motors currently has a manufacturing facility in the auto manufacturing hub of Manesar, Haryana. Over the last one year, it has expanded its pan-India footprint, with 29 dealership stores spread across India.

Rahul Sharma, MD of Revolt, said, “It is a proud moment for me as we pass on the baton for the next phase of Revolt’s growth trajectory. I am very proud of what we have created with Revolt. Revolters love their Revolts and there is a huge demand for our bikes. I am sure the Revolt revolution has just begun.”

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