RattanIndia Enterprises to acquire Revolt Motors.

RattanIndia Enterprises, an India-based company, which operates in electric mobility sector, agreed to acquire Revolt Motors, an automotive company. Financial terms were not disclosed. “Revolt is currently by far the best EV bike in the world. It is truly world class in all aspects – its technology, cost, build quality and performance. With this acquisition of 100% shareholding in Revolt Motors we are doubling down on our belief that EV revolution in the country is coming in faster than we anticipate. I do not have any doubt that what is good for environment and the country makes for a great business. Indian’s are very keen customers when they see value. We are ready for next growth phase for Revolt Motors," Anjali Rattan, RattanIndia Enterprises Chairman.