EXELmoto Commercial Division Opens Doors To B2B Logistics

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Suniel Shetty, KL Rahul, Ahan Shetty and Akshai Varde Showcase Phase 2 Expansion with B2B Logistics Entry and Universal ‘Scoot’ Launch EXELmoto, the celebrity-backed electric mobility brand, enters a new chapter with a commercial expansion, unveiling its B2B division with Delhivery India Limited and launching a universally accessible ‘Scoot, an electric cycle with a scooter form factor, designed for intuitive pedal assist and a comfortable bench seat.

EXELmoto’s website notes its e-cycles offer ranges up to 60 km per charge, no licence or registration needed for many of its models, and the cost of a ride is claimed as low as ₹0.07 per km. The product is focused on empowering women—whether in the workforce or at home, as well as elderly riders, offering convenience, independence, and ease of use. Addressing India’s growing focus on active lifestyles and health, ‘Scoot’ positions itself as the most economical micro-mobility solution available, requiring no license or registration.

 The shift to micro-mobility and pedal-assist e-cycles is part of a broader global push: the International Finance Corporation says last-mile electric mobility is among the fastest ways to reduce emissions and boost sustainable transport in emerging markets.

Milestone Preorders & New Personal Mobility Launch: Following the June campaign, EXELmoto completed a successful round of pre-orders for its personal mobility bikes, meeting strong consumer demand and celebrating a major milestone for the brand. These preorders pertain strictly to the personal micro-mobility segment and do not include commercial units.  Earlier in June, EXELmoto opened bookings for two bikes—the E1X Sky and E2R Rosso—which are electric cycles with pedal assist, 40-60 km range, and priced under ₹42,000 in the introductory phase.

Delhivery Collaboration: A Strategic Association: EXELmoto has exclusively designed a bike tailored to Delhivery’s technical and operational requirements, cementing this association as a strategic relationship. The arrangement has entered a phase-wise delivery schedule, with the first batch of 200 logistics bikes currently in the process of delivery. This next step follows positive pilot feedback and demonstrates the robustness of EXELmoto’s product design and engineering for commercial logistics use.

Delhivery describes itself as a full-service logistics provider in India, offering express parcel, freight, warehousing and supply-chain services across 2200+ cities. Industry context—switching to electric vehicles for last-mile delivery can cut carbon emissions by about 90% and reduce delivery costs by over 20%.  A recent news item said Delhivery is scaling its operations after acquiring another logistics firm, showing strong logistics demand and consolidation in India.

“In putting this together, we target the logistics and quick commerce segments… we’ve achieved unit economics that deliver healthy gross margins…” said Akshai Varde, Founder & CEO, EXELmoto.  Many logistics players globally are turning to EV fleets because lower operating costs plus favourable subsidies make them more viable now.

Inclusive Micro Mobility: The ‘Scoot’ electric cycle offers intuitive pedal assist and a comfortable, bench-style seat. Designed for micro-mobility, it suits women and elderly riders seeking health, independence, and low running costs. The unregistered, license-free aspect of this micro-mobility vehicle further enhances accessibility and mass adoption. EXELmoto emphasises its “Made in India” manufacturing with local frames built for Indian roads, claiming handling of bumps and rough surfaces.

This marks the first time the trio—actor-entrepreneur Suniel Shetty, celebrated Indian cricketer KL Rahul, and Bollywood actor Ahan Shetty—have united as co-investors in an electric mobility venture, bringing cross-generational credibility to EXELmoto’s positioning as India’s most accessible premium e-mobility brand. Their commitment signifies sustainable mobility as both a lifestyle evolution and a tangible commercial opportunity.

Media reports say EXELmoto is shifting from purely aspirational lifestyle bikes to utility and commercial mobility—a move to “shift gears from vanity to utility”. Suniel Shetty emphasised, “Clean mobility is for everyone seeking an active life…” Accessories and design aimed at older riders, and leaning into health/active-lifestyle trends, align with growing urban consumer demand in India.

Investment Perspective: Building beyond Hype: KL Rahul shared, “Fundamentals will define market leaders. Our commercial pivot, validated by Delhivery, creates clear paths to profitability…” The logistics segment in India is expanding rapidly, thanks to e-commerce growth, making B2B electric fleet solutions more attractive.

Youth Market Evolution: Ahan Shetty added, “My generation’s looking for brands that evolve and grow with us, not just talk to us…”The youth segment in India is increasingly responsive to mobility that blends style, tech, sustainability and utility—giving brands like EXELmoto a chance to capture growth early.

Expansion Roadmap & Strategic Priorities
· 68 outlets with Channel Sales deliveries commencing in November 2025
· Amazon and Flipkart listings commence in November 2025 for national reach
· Healthy gross margins achieved, with further improvements expected as manufacturing scales in-house
· Two patents granted, four pending across vehicle architecture, frame, and component packaging
· Modular design and manufacturing partnerships scale annual capacity to 50,000 bikes by Q3 2026
· Major manufacturing processes will shift in-house post next investment round, improving margins and control
· Exports and profitability projected within 12 months of the next funding cycle
· Proprietary tech development in drivetrain and software will enhance user safety, security, and connectivity
· Planned expansion into Southeast Asian and Middle Eastern markets where regulatory frameworks favour license-free micro-mobility

 Earlier reports on the Indian EV cycle/e-bike segment emphasise strong policy support and subsidies under schemes such as FAME that lower costs and spur adoption.

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