A unique partnership between founders and investors combines stellar influence with innovative startup strategies to promote electric commuting throughout India’s urban and semi-urban regions.
Mumbai : The electric mobility revolution in India has taken on an aspirational tone—becoming significantly faster, cleaner, and more stylish. Founded by designer and automotive entrepreneur Akshai Varde, Exelmoto boasts a stellar founding team that includes actor-entrepreneur-mentor Suniel Shetty, cricket superstar KL Rahul, and youth icon Ahan Shetty. This collaboration blends a unique combination of credibility, trendiness, and cross-generational appeal.
Exelmoto today announced the start of its pre-order window from June 28 for a limited batch of 999 Ebikes, each available for booking at a token amount of Rs 499.
These are not traditional electric scooters—they are Ebikes, categorised as electric cycles equipped with pedal assist systems that allow riders to stay active while significantly reducing their carbon footprint, delivering one of the lowest costs per kilometre in the electric mobility segment.
What sets them apart is their patented design—a unique blend of motorcycle-inspired styling with the agility and convenience of a cycle. Built using premium components and offering unmatched fit-and-finish, Exelmoto’s Ebikes are proudly manufactured in India and are not just high on functionality—they’re certified head-turners built for riders who want performance, style, and sustainability in one powerful ride.
CELEBRITY-LED TRUST & COOL FACTOR: “Ride the Future” is not just a statement, it’s Exelmoto’s tagline—capturing the brand’s vision to redefine how India rides.
Suniel Shetty’s association with Akshai goes back to when Akshai first designed a custom bike for Ahan’s debut film Tadap and later redesigned some of Suniel’s personal motorcycles that he still drives today. Over the years, Suniel witnessed firsthand Akshai’s meticulous craftsmanship, innovative design philosophy, and unwavering commitment to excellence. This deep personal trust and understanding of Akshai’s exceptional capabilities, combined with his two decades of industry experience and clear vision for sustainable mobility, led Suniel and his family to invest in Exelmoto.
Speaking about Exelmoto, Suniel Shetty, entrepreneur and mentor, said, “I’ve watched Akshai create magic with metal and design over the years. When he shared his dream of clean, stylish mobility for India, I knew we had to be part of it. For the first time, I’m working with my sons, Ahan and KL Rahul, on a project, and it feels right that it’s something focused on a cleaner future. Exelmoto represents more than just transportation; it’s about reshaping how India moves forward. We believe caring for our environment should be effortless, stylish, and genuinely accessible to everyone. This is proudly made in India, designed for India, and it’s something we’re genuinely proud to be part of.”
KL Rahul, known for his focus on performance and discipline, added, “I believe in performance—on the field and on the road. And, I believe in products that blend purpose with performance. Exelmoto ticks all the boxes.With Exelmoto, we’re giving India a reliable, stylish, and affordable ride built for our kind of hustle. This initiative aligns with what many Indians are looking for—smart, clean, and future-ready ways to move.”
Ahan Shetty, addressing younger consumers, said, “This is for my generation—bold, smart, and conscious of the planet. We’re proud to be part of a brand that doesn’t just follow trends but sets them—both in how it looks and what it stands for. I ride Exelmoto because it reflects who we are—innovative, fearless, and future-focused.”
Speaking about the company’s vision, Akshai Varde, Founder and CEO of Exelmoto, said, “We designed Exelmoto to be a bridge between aspiration and accessibility. This isn’t just an EV. It’s a movement. Our goal is to make green commuting aspirational, affordable, and proudly Indian. With over two decades of experience in premium motorcycle design and manufacturing, I wanted to create an Ebike that delivers the thrill of a motorcycle, the freedom of a cycle, and the convenience of a mobile device. The result is a patented, precision-built product that’s as beautiful to look at as it is powerful to ride. Engineered for India, backed by Indian icons, Suniel, KL Rahul & Ahan, and built to serve both cities and small towns—Exelmoto is how the future moves.”
