M&A M&A
Bikewo to acquire majority stake in Enlite EV Care
Source Economic Times (opens in a new tab)NSE Announcement (opens in a new tab)
BikeWo Green Tech is to acquire a majority stake in the Hyderabad-based Enlite EV Care.Founded in 2025, ENlite EV Care focuses primarily on creating an organized after-sales support and lifecycle management ecosystem for B2B clients and commercial EV fleets across the last-mile delivery and logistics sectors.BikeWo plans to utilize the acquisition to incorporate organized vehicle servicing, maintenance, and lifecycle management capabilities into its integrated electric mobility ecosystem.