Diversified firm RattanIndia Enterprises Limited announced that Vinu Balwant Saini has resigned from the role of Chief Financial Officer of the company, with effect from August 23, 2023. Ashok Kumar Sharma has been named new Chief Financial Officer of the company, with effect from August 24, 2023. According to the company’s exchange filing, “we would…
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 the appointment of Pritika Poonia as Additional Director and Independent Woman Director on the company’s Board, with effect from November 10, 2022. According to the company’s exchange filing, “we wish to inform you that Board of Directors in their Meeting held today, i.e November 10, 2022, based on the recommendation of…
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 (REL) announced the appointment of industry veteran Amit Jain as Chief Financial Officer, Rattan India Enterprises, effective April 2 nd, 2022. Amit comes with nearly 2 decades of rich industry experience in Finance and Operations at marquee institutions such as Global Infrastructure Partners, IDFC, EY, Shapoorji Pallonji, Macquarie Bank, Discovery Channel and Red…
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 (REL), a company that is building businesses in new-age sectors including electric motorcycles, drone solutions and fintech announced that it has operationalized its e-commerce foray by approving an investment of Rs. 350 crore in its wholly owned subsidiary Cocoblu Retail Limited (Cocoblu). Cocoblu will be partnering with several big and small brands in…
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 Limited announced the appointment of Anjali Rattan Nashier as an additional director on the Board of the Company, effective December 23, 2021. According to the company’s exchange filing, “we wish to inform that Mrs. Anjali Rattan Nashier (DIN: 01942221) has been appointed as an additional director on the Board of the Company with…
RattanIndia Enterprises Ltd. announced the appointment of Rajesh Arora, as Company Secretary, Compliance Officer and Legal Head of the company. Rajesh Arora was previously associated with Mahindra & Mahindra Limited as Sr. General Manager, Group Secretarial. He is a qualified Company Secretary as well as Law Graduate from University of Delhi. Rajesh Arora brings with…
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 Limited announced that Revolt Motors has appointed Jenender Anand, a veteran executive with multi-dimensional leadership experience as Chief Executive Officer, effective September 01, 2021. His appointment would further strengthen the leadership team at Revolt. He would contribute to company’s ambition of becoming the No.1 electric vehicle company of India, the company said in…
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…