Private Equity Angel Investments
E-bike maker Excelmoto raises funding from Suniel Shetty, others
Source PTI (opens in a new tab)
Mumbai-based electric mobility player Exelmoto has received investments from actor Suniel Shetty, cricketer s KL Rahul, and Ahan Shetty.Founded by automotive entrepreneur Akshai Varde, Exelmoto makes electric bikes, categorised as electric cycles equipped with pedal assist systems that allow riders to stay active while reducing their carbon footprint.