EXEL moto, the electrifying electric mobility brand backed by celebrities, is thrilled to announce an exciting new chapter in its journey! They are launching a commercial expansion by unveiling our brand-new B2B division in collaboration with Delhivery India Limited, and introducing the game-changing ‘Scoot’—an electric cycle that effortlessly combines a scooter form factor with an intuitive pedal assist and a comfy bench seat!
Their ‘Scoot’ is all about empowerment! Designed with both women—be it in their professional lives or at home—and elderly riders in mind, it offers a fantastic mix of convenience, independence, and ease of use. As India embraces active lifestyles and prioritizes health, ‘Scoot’ is positioned as the most economical micro-mobility solution out there, requiring absolutely no license or registration!
After a successful campaign in June, they have seen an overwhelming response with pre-orders for our personal mobility bikes exceeding expectations! This is a major milestone, as these orders are specifically for personal micro-mobility bikes, separate from exciting commercial units.
What’s more? EXELmoto has meticulously crafted a bike specifically tailored for Delhivery’s unique technical and operational needs, solidifying our partnership as a strategic triumph! They are thrilled to announce that we’ve kicked off a phased delivery schedule, with the first batch of 200 logistics bikes currently on its way. This follows fantastic feedback from our pilot program, showcasing the robustness of EXELmoto’s design and engineering for commercial logistics.
“Delhivery validated what we built—reliability under real-world logistics conditions. We’re diving into the logistics and quick commerce segments, and this is a truly scalable business. As we ramp up volume, we’ll explore multiple commercial models. For our personal mobility segment, we’ve hit unit economics that deliver healthy gross margins starting from the very first month, laying a solid foundation for our growth,” said Akshai Varde, Founder & CEO of EXELmoto.
The ‘Scoot’ electric cycle makes micro-mobility a breeze with its intuitive pedal assist and cozy bench-style seating. Perfect for women and elderly riders looking for health, independence, and minimal running costs. Plus, the fact that this micro-mobility vehicle doesn’t require registration or a license makes it even more accessible and primed for mass adoption!
This launch also marks a special moment, as actor-entrepreneur Suniel Shetty, celebrated Indian cricketer KL Rahul, and Bollywood star Ahan Shetty have come together for the first time as co-investors in an electric mobility venture! Their involvement adds cross-generational credibility to EXELmoto, positioning us as India’s leading premium e-mobility brand. Their commitment embodies sustainable mobility as an exciting lifestyle evolution and a promising commercial opportunity. Let’s ride into the future together!
Suniel Shetty, Investor & Mentor, emphasized, “Clean mobility is for everyone seeking an active life. This scooter exemplifies design that respects riders of all ages—when my generation can confidently adopt electric mobility, the revolution is truly underway. EXELmoto is building trust and impact across demographics. We backed Akshai because he builds products that perform under pressure and understands manufacturing economics. The numbers underpin a real opportunity and we expect profitability within 12-18 months.”
KL Rahul, Cricketer & Co-Investor, shared, “Fundamentals will define market leaders. Our commercial pivot, validated by Delhivery, creates clear paths to profitability and makes infrastructure for last-mile commerce possible. This isn’t just about personal mobility anymore, it’s infrastructure for India’s last-mile commerce with clear paths to profitability.”
Ahan Shetty, Actor & Co-Investor, added, “My generation’s looking for brands that evolve and grow with us, not just talk to us. EXELmoto began with style, and now it’s about substance and infrastructure. Expanding with inclusive design and tech means sustainable impact for the future—and that’s why we’re fully invested, both financially and emotionally.”
Expansion Roadmap & Strategic Priorities
• 68 outlets with Channel Sales deliveries commencing in November 2025
• Amazon and Flipkart listings commence November 2025 for national reach
• Healthy gross margins achieved, with further improvements expected as manufacturing scales in-houseTwo 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 favor license-free micro-mobility
Commercial E-bike Delhivery Edition: High-capacity logistics model, pilot production Q4 2025
‘Scoot’ Electric Cycle: Accessible, bench-seat, pedal-assist design for women and elderly, Q1 2026 availability
