RattanIndia Enterprises' Revolt opens dealership in Jaipur, Rajasthan

Image
Capital Market
Last Updated : Oct 26 2021 | 12:04 PM IST

RattanIndia Enterprises backed company, Revolt, a electric motorcycle manufacturer has opened dealership in Jaipur (Rajasthan).

The dealership is company's eight experience centre in the country and will cater to customers for sales, services and spare in the region. Revolt has been witnessing a robust demand for its electric bikes in the festive season particularly with rising petrol prices. Revolt electric bikes provide great savings for its customers with running cost as low as Rs 9 per 100 km.

Revolts flagship model, the RV400 comes with a 3KW (Mid Drive) motor, powered by a 72V, 3.24KWh Lithium-lon battery that can churn out a top speed of 85km/h. The bike can be operated through the MyRevolt App, which offers connectivity features such as bike locator/ geo fencing, customised sounds that you can change with just a tap on the screen, complete bike diagnostics, battery status, historical data on your rides and kilometres done, along with the option of locating the nearest Revolt Switch Station to swap your Revolt's battery.

The bike features three riding modes - Eco, Normal and Sport - each suiting to the needs of the driver. RV400 also comes with Upside Down (USD) forks up-front and a fully-adjustable monoshock at the rear to give an unparalleled riding experience.

On a consolidated basis, RattanIndia Enterprises reported a net loss of Rs 0.83 crore in Q1 June 2021 as compared to a net profit of Rs 0.08 crore in Q1 June 2020. Net sales stood at Rs 1 crore in Q1 FY22.

Shares of RattanIndia Enterprises fell 2.14% to Rs 41.25 on BSE. RattanIndia Enterprises is the flagship company of Rattanindia Group for its new age growth businesses. The company has forayed into electric mobility space through Revolt Motors to democratize clean commute using next-gen mobility solutions. The company is completely focused on providing world class electric mobility products which are affordable and accessible to every Indian.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 26 2021 | 11:40 AM IST

Next Story