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flag EXELmoto launches electric delivery bikes with Delhivery and introduces a new e-cycle for women and seniors.

flag EXELmoto has launched its commercial e-bike fleet in partnership with Delhivery, entering the B2B logistics sector with a customized e-bike designed for last-mile delivery. flag The first 200 bikes are being delivered following a successful pilot, with plans to scale to 50,000 units annually by late 2026. flag The company also introduced the 'Scoot,' a license-free electric cycle with pedal assist and a bench seat, targeting women and elderly users, set for release in Q1 2026. flag Sales will begin through 68 outlets and major e-commerce platforms. flag Backed by investors including Suniel Shetty and KL Rahul, EXELmoto aims for profitability within 12–18 months and expansion into Southeast Asia and the Middle East.

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