- Business
- RattanIndia Enterprises Limited is an Indian holding company focused on investing in technology-driven businesses across e-commerce, electric vehicles, fintech, drones, and retail; it operates primarily through subsidiaries and targets the Indian market with select international exposure. Founded in 2010 and headquartered in New Delhi, the company lists on the National Stock Exchange (NSE: RTNINDIA) and Bombay Stock Exchange (BSE); its core segments include Retail-E-commerce business via Cocoblu Retail Limited, which scales brands on platforms across apparel, shoes, wire accessories, office products, musical instruments, eyewear, handbags, and books with over 2 million SKUs and partnerships with more than 600 brands; EV (E-Motorcycles) through Revolt Motors, India's market leader in electric motorcycles offering affordable models supported by government subsidies like FAME-II and EMPS 2024; Neobrands Limited, a house of fashion brands in everyday fashion, denims, athleisure, and performance wear; NeoSky India Limited and Throttle Aerospace Systems (TAS), providing 360° Drone-as-a-Product, Drone-as-a-Service, enterprise drones, and hardware/software solutions; Wefin, a fintech platform delivering instant personal loans, two-wheeler loans, credit cards, and more via partnerships with over 45 banks and NBFCs integrated into the account aggregator framework; and strategic investments such as Matternet for urban drone logistics. Geographically, operations span India across 26 states and 19,000 pin codes, with ambitions to expand Revolt Motors' dealership network fivefold by March 2026; the company maintains a shareholding in the group's legacy thermal power business while emphasizing new-age growth sectors. Recent developments include the acquisition of Revolt Motors completed in January 2023; Cocoblu Retail achieving over Rs 55,000 million in revenue within two years, surpassing 1,100 active vendors, and forging partnerships like Amazon alongside private brand expansions; increased investment in Neorise Technologies to AED 5 million by converting loans into shares; launch of a direct-to-consumer apparel fashion brand business; robust revenue growth of 16% year-over-year to Rs 57,740 million in 9MFY25 driven by e-commerce and EVs; and proposals for fundraising via rights issue or other modes scheduled for consideration in July 2025 to fuel accelerated growth.