Exelmoto, the electric mobility brand has unveiled its B2B division with Delhivery India and launching a universally accessible Scoot—an electric cycle with a scooter form factor, designed for intuitive pedal assist and a comfortable bench seat.
The product aims to empower 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, the scooter positions itself as the most economical micro-mobility solution available, requiring no license or registration.
Following its June campaign, the company completed a 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.
The company has exclusively designed a bike tailored to Delhivery’s technical and operational requirements. The arrangement has entered a phase-wise delivery schedule with the first batch of 200 logistics bikes currently in process of delivery. This next step follows positive pilot feedback.
“Delhivery validated what we built—reliability under real-world logistics conditions. We’re targeting the logistics and quick commerce segments, and this is truly scalable business. Multiple commercial models will be explored as volume grows. For our personal mobility segment, we’ve achieved unit economics that deliver healthy gross margins from the very first month, setting a strong foundation as we scale,” commented Exelmoto founder & CEO Akshai Varde.
The trio—actor-entrepreneur Suniel Shetty, Indian cricketer KL Rahul, and India actor Ahan Shetty—have united as co-investors in this venture.
Suniel Shetty emphasised, “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. The numbers underpin a real opportunity and we expect profitability within 12-18 months.”
Rahul 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 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.”
- The company’s expansion roadmap and strategic priorities include:
- 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
