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Revolt Motors, the highest selling electric motorcycle company in India, has launched a low-cost financing scheme to make it easier for customers to purchase their electric motorcycles.
The financing scheme allows customers to purchase its motorcycles with a low-interest rate of 5.99% per annum through the Revolt website or authorized dealerships.
The company believes that electric motorcycles are the future of transportation, and this financing scheme is aimed at encouraging more customers to switch to electric motorcycles and contribute to a cleaner and greener environment.
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 2.19% to Rs 38.47 on Thursday, 13 April 2023.
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