RattanIndia Enterprises Limited has completed acquisition of 100% shareholding in the electric motorcycles market leader Revolt Motors. Henceforth, Revolt Motors will be 100% wholly owned subsidiary of RattanIndia Enterprises Ltd. Revolt Motors is the highest selling electric bike in the country with its manufacturing facility in Manesar, Haryana. Revolt Motors has expanded its footprint pan-India…
RattanIndia Enterprises Limited announced that it 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 currently has manufacturing facility in the auto manufacturing hub of Manesar, Haryana. Over the last one year, Revolt…
Rattanindia Enterprises Ltd. announced the appointment of Sarath Chandra Gudlavalleti as Chief Executive Officer for its drone business in NeoSky India Ltd (a wholly- owned subsidiary of RattanIndia Enterprises Ltd). Sarath Chandra Gudlavalleti, an alumnus of XLRI, Jamshedpur has over 20 years of experience in technology & retail sector with expertise in setting and scaling…
RattanIndia Enterprises Ltd. announced the appointment of Chandramouli Venkataraman as Chief Executive Officer of Cocoblu Retail Ltd. Cocoblu is 100% wholly owned subsidiary of RattanIndia Enterprises Ltd. and engaged in business of online retail on E-commerce platforms in India. Prior to joining Cocoblu Retail, Venkataraman helmed the position of Category Leader, Cloudtail India. An alumnus…
Rattanindia Enterprises Ltd. announced the appointment of Amitav Panigrahi as Chief Executive Officer of its fintech business in Neotec Enterprises Ltd (a wholly- owned subsidiary of RattanIndia Enterprises Ltd). Panigraphi is a veteran Banker and was previously working as President — Digital Transformation, Strategic Alliances & Fintech Partnerships in his last stint at Yes Bank.…
Rattanindia Enterprises Ltd. announced the appointment of Peeyush Kumar as Head of Drone business. Peeyush Kumar was previously working as CEO of Pixella, a drones company in India. He brings in deep experience in drones, robotics, artificial intelligence and electronics. Peeyush Kumar has deep global experience in hi-tech sector having working with multinational companies like…
RattanIndia Enterprises Ltd. has formed an Advisory Board with a mix of distinguished industry experts and new age entrepreneurs. Advisory board will advise the management on i) Investment Strategy ii) Review of Investment Proposals iii) Monitoring performance of Investee companies and subsidiaries and iv) assist management with external relationships and any other specific tasks. Initial…
RattanIndia Enterprises Ltd. (REL) has decided to make a strategic investment in Matternet, the US-based urban drone logistics platform. With this investment, REL has forayed into the deep-tech Unmanned Aerial Vehicle (UAV) industry, which is set to transform logistics ecosystems worldwide, the statement said. Matternet was founded in 2011 by Andreas Raptopoulos, a global thought…
Rattanindia announced it will explore strategic partnerships with companies having cutting-edge technologies which could be brought to India’s vast market or could leverage India’s cost advantage in manufacturing or outsourcing. Rattanindia will also look at investing in technology companies having potential of high growth. By doing this, Rattanindia has expanded its canvas to intemational markets…