RattanIndia Enterprises (REL) has acquired 100% stake of Cocoblu Quick Commerce. Consequent to which, Cocoblu Quick Commerce has become a wholly owned subsidiary company of REL. Cocoblu Quick Commerce intends to start Quick commerce business through E-commerce platforms.
RattanIndia Enterprises focuses on innovative technologies that have the potential to transform the lives of over a billion Indians. Key businesses include electric mobility (Revolt Motors), e-commerce (Cocoblu Retail), fashion brands (Neobrands), fintech (WeFin), and drones (Neosky).
