MoneyWorks4Me

RattanIndia Enterprises venturing into Electric vehicle space

29 Apr 2021 Evaluate

RattanIndia Enterprises is venturing into Electric vehicle space by acquiring substantial strategic stake in Revolt Intellicorp. Revolt Intellicorp is a next-gen mobility company, created for the smart world. Revolt is working with a vision of democratising clean commutes using next-gen mobility solutions and a mission to create a future of next-gen mobility with 100% accessibility and 0% fuel residue.

With technology at its roots and class-apart products, Revolt has introduced India's first Al-enabled motorcycle without compromising on the performance or aesthetics of a regular ride. As part of the deal, the company will have 50% board presence in Revolt Intellicorp.

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory. 

Peers
Company Name CMP
Bajaj Finserv 1846.00
TVS Holdings 12558.90
Cholamandalam Fin. 1473.15
Altius Telecom Infra 175.00
Kama Holdings 2234.30
View more..