EMotorad names ex-Cars24 CEO Himanshu Ratnoo as co-founder to drive global push

Electric cycle maker EMotorad has elevated former Cars24 CEO Himanshu Ratnoo to co-founder, bolstering its C-suite as it scales across 18 countries and 800+ dealerships. The $25M-funded startup is leaning on Ratnoo's operator pedigree to accelerate a 5X Europe ramp.

— Source publishedWed, 27 May, 2026, 11:36 IST·First seen Wed, 27 May, 2026, 11:40 IST·Source YourStory · Capital

What happened

Electric cycle startup EMotorad has inducted former Cars24 CEO Himanshu Ratnoo as co-founder to strengthen leadership as it expands globally. The company has

Key facts

  • 800 dealerships
  • 18 countries
  • $25 million funding
  • 5X Europe growth

Why this matters

EMotorad's leadership expansion and Europe push position it as a consolidation candidate or strategic partner for OEMs and mobility platforms eyeing the global e-cycle category.