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RattanIndia Enterprises’ arm acquires 100% stake in Neoseller

April 28, 2024 11:47 AM RattanIndia Ent

Overview

‘Neoseller’ intends to start its dealerships which shall directly sell the products of Revolt and also provide after sale services to the customers

Detail

Revolt Intellicorp, a wholly owned subsidiary of RattanIndia Enterprises, has acquired 100% stake of ‘Neoseller’ consequent to which, it has become a wholly owned subsidiary company of Revolt and a step down wholly owned subsidiary of the company.

‘Neoseller’ intends to start its dealerships which shall directly sell the products of Revolt and also provide after sale services to the customers. Further, an application for change of name of Neoseller to ‘Revolt Coco’ has been made and the same is pending for approval from the MCA.

RattanIndia Enterprises focuses on innovative technologies that have the potential to transform the lives of over a billion Indians. Key businesses include electric mobility (Revolt Motors), e-commerce (Cocoblu Retail), fashion brands (Neobrands), fintech (WeFin), and drones (Neosky).