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

Electric cycle maker EMotorad has elevated former Cars24 CEO Himanshu Ratnoo to co-founder, tasking him with global expansion and new product categories. The company runs 800+ dealerships across 18 countries and has raised $25M from Panthera, Alteria and Green Frontier.

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

What happened

Electric cycle startup EMotorad has inducted former Cars24 CEO Himanshu Ratnoo as co-founder to drive global expansion and new product categories. The company

Key facts

  • 800 dealerships
  • 18 countries
  • $25 million
  • 5X

Why this matters

EMotorad's leadership upgrade plus 800+ dealership footprint makes it a more credible partnership or acquisition target in the global micromobility consolidation.