Hot Pursuit     27-Mar-23
RattanIndia's Revolt Motors opens 15 new dealerships across India
The 15 new dealerships are spread across Raipur, Vapi, Bahadurgarh, Mumbai, Aurangabad, Bhubaneswar, Kota, Agra, Jhansi, Meerut, Surat, Dehradun, Ghaziabad and Faridabad.
Revolt Motors, the largest selling electric motorcycle company in the country, announced opening of 15 new dealerships across the country for its AI enabled electric motorcycle RV400. The company has also started taking booking for these 15 new dealerships.

Anjali Rattan Nashier, business chairman, RattanIndia Enterprises said: "We are multiplying the pan India dealership network at a very fast pace. We will be opening over 150 dealerships pan India in the next 3 months. Apart from sales it will also give a boost to our post sales experience, with well establishing service centers in these locations. We have significantly ramped up the production at our plants and customers can now get immediate deliveries of their Revolt motorcycles. I can easily say that AI based RV 400 is by far the most advanced bike in India. It comes fully loaded with cutting edge features including mobile touch based bike controls and voice based bike controls to start, stop, lock, unlock and geofencing features. With a pan India sales footprint, it is critical that we make Revolt accessible to every Indian."

Founded in 2017, Revolt Intellicorp offers electric motorcycles in India, in addition to a full range of genuine parts and accessories available through its authorized dealerships.

RattanIndia Enterprises is the growth platform of RattanIndia Group for its new-age growth businesses. The key businesses are electric mobility (Revolt Motors), e-commerce (Cocoblu Retail), fintech (Wefin) and drones (Neosky).

On a consolidated basis, RattanIndia Enterprises reported net loss of Rs 34.23 crore in Q3 December 2022 as against net loss of Rs 5.52 crore in Q3 December 2021. Net sales surged to Rs 1152.80 crore in Q3 December 2022 as against Rs 0.67 crore in Q3 December 2021.

Shares of RattanIndia Enterprises fell 0.72% to Rs 35.78 on Friday, 24 March 2023.

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