Fintech Giant RattanIndia Enterprises Buys Revolt RV400 Maker

After acquiring 43 percent stake in Revolt Motors in 2021, fintech giant RattanIndia Enterprises has now fully acquired the EV maker.  The company is now a 100 percent subsidiary of RattanIndia Enterprises, a listed company at the National and Bombay Stock Exchange.

Revolt was founded by Micromax co-founder Rahul Sharma, and the Revolt RV400 was the first electric motorcycle to launch in India in a time where most EV two-wheeler makers were focusing on churning out e-scooters. It was also India’s first modern electric bike with removable battery packs. With a kerb weight of 108kg and sleek dimensions, the RV400 feels similar to a sporty 125cc motorcycle. Powered by a 3kW hub motor and 3.24kWh battery pack, the RV400 has a top speed of 85kmph and an ARAI-certified range of 154km. We’ve ridden the electric bike, and here are our thoughts.

Since 2019, the number of players in the electric two-wheeler space has gone up, leaving the Revolt RV400 feeling a bit outdated in terms of performance, features and design. That said, with a listed firm like RattanIndia Enterprises backing the brand, we could hope to see more from it in the years to come. Not to mention, the brand could possibility of expand its reach across the country.