Latest news with #EMotorad
Time of India
6 days ago
- Automotive
- Time of India
EMotorad launches Ranger moto-style electric cycle priced at ₹55,999
Pune-based electric mobility firm EMotorad has launched the Ranger, a moto-style electric cycle, priced at ₹55,999. The Ranger is now available for purchase via EMotorad's retail network and online platforms, including Flipkart and Amazon. Touted as a crossover between a cycle and a motorbike, the Ranger is designed to cater to the growing demand for affordable electric mobility. It comes with fat 20-inch tyres, a throttle-enabled motor, and a rugged double-crown suspension. 'Ranger looks like a motorbike, rides like an e-cycle, and lives up to our belief that the future of mobility should be accessible, exciting, and electric,' said Kunal Gupta, co-founder & CEO of EMotorad. Made in India, the Ranger comes with a 5-year frame warranty. EMotorad Ranger features The Ranger features a high-tensile steel frame with a distinctive motorcycle-style silhouette. It comes equipped with 7-speed Shimano gears for smooth urban or trail rides, 48V/12.75Ah removable battery offering up to 75 km range on pedal assist and 60 km on throttle, double crown suspension (120mm travel) for shock absorption on rough terrains, cluster C6+ display showing all essential ride metrics, and 110 kg rider capacity. Notably, the Ranger requires no license or registration, making it a compelling alternative to traditional two-wheelers.
India Today
6 days ago
- Automotive
- India Today
Not a cycle, not a bike, this Indian company has launched something unique
Electric cycle manufacturer EMotorad has launched a first-of-its-kind moto-style e-cycle that blurs the lines between a cycle and a bike. Priced at Rs 55,999, Ranger is now available across EMotorad's dealership network as well as on Amazon and like a motorbike but functioning as an e-cycle, Ranger promises the thrill of the open road without the burden of licenses, registration, or fuel costs. With a rugged high-tensile steel frame, fat 20-inch tyres, throttle-enabled performance, and double-crown suspension with 120mm travel, it's engineered to tackle both urban commutes and off-road Gupta, Co-founder and CEO of EMotorad, said, 'With Ranger, we're pushing the boundaries of what an e-cycle can be. "It's a product designed for those who don't want to compromise between fun and function. Ranger looks like a motorbike, rides like an e-cycle, and lives up to our belief that the future of mobility should be accessible, exciting, and electric." Ranger is powered by a 48V 12.75Ah removable battery that delivers up to 75km on pedal assist and 60km on throttle. It features a Cluster C6+ display for vital ride metrics, Shimano 7-speed gears for versatile shifting, and supports riders up to 110kg. The e-cycle is suitable for anyone 5.4 feet and above and comes with a 5-year warranty on the envisions it as a stylish, smart, and sustainable alternative to fuel-guzzling two-wheelers. With no license required, it's accessible to a wide range of riders looking for performance, practicality, and eco-conscious the fun of a motorcycle with the freedom of an e-cycle, EMotorad's Ranger has built something to Auto Today Magazine- Ends
Time of India
07-07-2025
- Automotive
- Time of India
At 44, birthday boy Dhoni's risk-taking continues beyond cricket — a sneak peak into his investments
Widely regarded as India's most successful cricket captain ever, birthday boy Mahendra Singh Dhoni's penchant for risk taking is replicated in his investment choices as well. A Tracxn data on Dhoni's portfolio shows his preference for emerging sectors like electric vehicles, fintech, drone tech and alternative proteins. Dhoni turns 44 today. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: New Container Houses (Prices May Surprise You) Container House | Search ads Search Now Dhoni has put his money in companies such as BluSmart, Khatabook, , Centricity, EMotorad, Shaka Harry, 7Ink Brews, Tagda Raho and Run Adam. The above themes remain a buzzword and in stock market parlance are referred to as new-age themes . None of the stocks are listed on Indian stock exchanges, so far. Here is a sneak peek into his investments: 1) BluSmart BluSmart provides an all-electric ride-hailing platform and is a Series A company (start-up). The company offers an EV-based cab service allowing users to book intracity rides via an app. The company has raised $167.6 million with a valuation of $336.7 million (Feb 2025). Notable investors include Survam Partners and Mayfield. Live Events 2) Khatabook Khatabook provides an app for kirana stores to manage payments, send reminders, and handle invoices. It has raised $186.6 million with a valuation of $600 million (Aug 2021). Key investors include Y Combinator and Surge. 3) Cars24 Cars24 helps users buy, sell, and finance used and new cars, offering vehicle valuation and related services. It has raised $1.08 billion with a valuation of Rs 3.23 billion (Feb 2022). Major investors include Exor and KCK Global. 4) Garuda Aerospace Garuda Aerospace builds drones for agriculture, surveillance, disaster management, and more. It has raised $49.3 million with a valuation of $259 million (Jun 2025). 5) Centricity Centricity offers a SaaS-based investment management suite for independent financial advisors. The company has raised $24 million with a valuation of $116 crore (Oct 2024). Investors include Burman Family Holdings and Paramark Ventures. 6) Rigi Rigi enables creators to launch and monetize online courses and groups, letting them earn from their social followings. It has raised $25 million with a valuation of $59 million (Sep 2024). Investors include Elevation Capital, Accel, Stellaris Venture Partners, and Titan Capital. 7) EMotorad EMotorad develops e-bikes with lithium-ion batteries and digital displays, targeting both urban commuters and recreational riders. It has raised$25.9 million, with a valuation of $51 million (Sep 2024). Investors include Green Frontier Capital and LetsVenture. 8) Shaka Harry Shaka Harry creates vegan meat substitutes like nuggets, kebabs, and stuffed parathas. The company has raised $2.6 million, with a valuation of Rs $12.4 million (Jun 2023). Backers include Better Bite and Blue Horizon. 9) 7Ink Brews 7Ink Brews offers craft beers and food products with a focus on premium culinary experiences. It has raised $7.4 million, with a valuation of Rs 38.5 million (Nov 2021). Key investors include BNP Paribas and Valam Industries. 10) Tagda Raho Tagda Raho offers patented, adjustable workout gear for home and travel-friendly fitness. It has raised $105,000, with a valuation of $4,99,922 (Dec 2023). 11) Run Adam Run Adam connects athletes, coaches, and fans, offering features like finding training sessions and booking sports events.
Mint
26-06-2025
- Automotive
- Mint
EV startup gets a celebrity boost: Suniel Shetty, KL Rahul, Ahan bet on Exelmoto's pedal-assist electric bikes
Mumbai: Bollywood actor Suniel Shetty, cricketer KL Rahul, and actor Ahan Shetty have come together to back a new electric mobility startup, Exelmoto, founded by automotive designer and entrepreneur Akshai Varde. The company is positioning itself as a category-creator in India's two-wheeler EV market, with a focus on pedal-assist electric bikes—styled like motorcycles but priced like premium bicycles. Pre-orders for Exelmoto's first two models—E1X Sky and E2R Rosso—will begin on 28 June, with a limited drop of 999 units available for a token booking fee of ₹ 499. The unisex bikes are priced under ₹ 42,000 and come with a removable lithium battery, 40-60 km range per charge, fat tyres, and no need for registration or a licence. 'This isn't just another EV launch,' said founder Akshai Varde. 'We've built something that feels aspirational, yet fits everyday Indian commutes. A ride that gives you the thrill of a bike, the fitness of a cycle, and the convenience of a mobile device.' Unlike e-scooters, which dominate India's EV landscape, Exelmoto is targeting a hybrid space: pedal-assist e-bikes that aim to blend design, sustainability, and affordability. Common across Europe but still nascent in India, the segment has been largely overlooked by large players. Brands such as Hero Lectro and EMotorad operate in this space but have found limited mainstream adoption. Exelmoto hopes to change that by infusing the segment with celebrity-backed trust, design-first thinking, and sharper storytelling. The company's launch campaign—'Ready before the world catches on'—positions the bikes as an aspirational shift in how India commutes, with a clear nudge to younger, urban and semi-urban consumers. 'This is a proud Indian product that's built for India and backed by people who care about its future,' said Suniel Shetty. 'We're not just investors—we're believers in the vision.' KL Rahul added, 'Exelmoto blends purpose with performance. It's the kind of product that speaks to India's new generation of riders—smart, clean, and reliable.' Ahan Shetty said the bikes are 'not just about mobility but identity—conscious, cool, and ahead of the curve.' What sets Exelmoto apart is its focus on building pedal-assist e-bikes that combine the rugged styling of motorcycles with the accessibility of cycles. The company is launching two unisex models—designed with patented, motorcycle-inspired frames—that are specifically built for Indian road conditions. Exelmoto is targeting a wide user base that includes students, gig economy workers, professionals, and families—riders looking for an affordable yet aspirational alternative to conventional fuel-powered scooters or entry-level electric vehicles. India's electric two-wheeler space is getting increasingly competitive. According to Vahan data, over 900,000 EV two-wheelers were sold in FY24, with Ola Electric, TVS, Bajaj, and Ather dominating volumes. But most of that demand is for e-scooters and low-speed mopeds, not pedal-assist e-bikes. Awareness remains a key challenge for the category. 'Most consumers don't yet understand what a pedal-assist e-bike is,' said a Mumbai-based EV analyst. 'You need to invest in demos, test rides, and content to educate the market.' There's also the issue of distribution and service, which has tripped up several EV startups in the past. Exelmoto plans to roll out a nationwide dealer and after-sales network following the pre-order phase, with a presence in cities like Delhi, Bengaluru, Lucknow, Kochi, and Indore. Its go-to-market plan includes digital campaigns, influencer engagement, and on-ground ride events. Then there's the matter of pricing. While ₹ 42,000 undercuts many entry-level e-scooters, pedal-assist bikes are often viewed more like premium cycles in India—still a niche space. 'If Exelmoto can make the product aspirational and useful, and back it with strong after-sales, they could carve out a new sub-segment,' the analyst added. While the celebrity endorsements have brought attention, Exelmoto's real challenge will lie in execution and scale. Distribution, product reliability, and consumer education will make or break the brand. Varde, who previously founded Vardenchi Motorcycles, is confident. 'We're not building a short-term D2C brand. We're building a full-stack EV company that combines design, manufacturing, and customer obsession,' he said. For now, the bet is that India's next generation of riders is ready to look beyond scooters, and see e-bikes not just as transport but as a statement.
