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EMotorad successfully rolls out India’s first E-Cyclothon in Pune
Mumbai: EMotorad—the market leader in the electric cycle segment— successfully organised India’s first-ever E-cyclothon in Pune today. The event was held at Mayfield Ivy Garden, Baner, and commenced at 6:30 am, bringing together e-cycling enthusiasts to celebrate World Bicycle Day and World Environment Day with an eco-friendly twist. 200 plus cyclists participated in the event.
The event saw a remarkable turnout, with participants eagerly joining the 20-km ride starting from Baner, crossing the scenic routes of Pashan Hill, NDA, and Aundh, and returning to base. The event was guided by professionals, keeping safety and regulations at the forefront. We saw participants ranging in age from 9 to late 60s, all enthusiastically geared and prepped for the ride.
The day began with a lively Zumba warm-up session, energising the participants for the ride ahead. Post-ride, participants were treated to a hearty and healthy breakfast and eco-friendly goodie bags consisting of plants, whey protein, coffee hampers, stationary, and much more. There was a fun e-cycle stunt session conducted by @freestyler.shevi, aka Shivam Naruka from the EM team leaving the audience in awe. The event concluded with an award ceremony, where participants were honoured with medals, merchandise, and gifts, capturing memorable moments of this landmark event.
EMotorad’s CMO Aditya Oza, expressed delight at the event’s success, stating, “With EM offices in Bangalore, Spain, UAE, and Japan—Pune is and will always remain our backyard. Our first customer came from the city, and many of our team, including founders, were educated here, thus, India’s first e-cyclothon in Pune holds a special place for us. We really hope this inspired more people to adopt e-cycles. Maharashtra has been a leading state in all domains and now it’s time we lead the torch of sustainability! This ride for change is a shout-out from all Puneris and now it’s time to bring the change—now it’s time to e-cycle!”
Participants and spectators alike left with a sense of fulfillment, contributing to a greener planet while enjoying the vibrant atmosphere of the E-cyclothon. EMotorad’s initiative has set a new benchmark for sustainable events in India, inspiring many to adopt eco-friendly practices.
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Reliance Retail FY26 revenue rises 11.8 Per Cent to Rs 3.7 lakh crore
Q4 revenue up 11.1 Per Cent, hyperlocal orders surge 4x, PAT steady
MUMBAI: Reliance Retail isn’t just ringing up sales, it’s ringing doorbells faster than ever. Reliance Retail Ventures Limited (RRVL) reported a steady FY26 performance, with growth powered by store expansion, a sharp surge in hyperlocal commerce, and consistent traction across grocery, fashion and jewellery. For the full year, revenue rose 11.8 per cent year-on-year to Rs 3,70,026 crore. In the January–March quarter, revenue from operations climbed 11.1 per cent to Rs 87,344 crore, up from Rs 78,622 crore a year earlier.
Operating performance remained stable, with Q4 EBITDA inching up 3.1 per cent YoY to Rs 6,921 crore from Rs 6,711 crore. However, quarterly profit after tax held steady at Rs 3,563 crore. For the full fiscal, PAT grew 11.7 per cent to Rs 13,842 crore.
Expansion remained a key lever. RRVL added 1,564 new stores during FY26, while simultaneously scaling its digital and hyperlocal commerce play. The latter emerged as a standout, with daily orders surging more than fourfold year-on-year in Q4, underlining a clear shift towards faster, localised fulfilment.
In grocery, large-format stores maintained momentum, aided by festive demand and the expansion of Smart Bazaar, which crossed 1,000 stores. Promotional campaigns such as ‘Full Paisa Vasool’ delivered record results, with sales rising 26 per cent YoY.
Digital commerce also picked up pace. JioMart added 5.8 million new users in Q4, nearly doubling its registered base year-on-year. Hyperlocal orders grew 29 per cent sequentially and over 300 per cent annually during the quarter.
Fashion and lifestyle saw steady traction. Ajio recorded a 23 per cent YoY rise in average bill value, while fast-fashion platform Shein crossed 11 million app installs, scaling rapidly with expanding product lines.
The jewellery business added further shine, with average bill value jumping 53 per cent YoY, largely driven by rising gold prices and sustained consumer demand.
Commenting on the shift, RRVL executive director Isha Ambani said hyperlocal commerce has become a structural growth driver, with orders rising more than fourfold over the year.
Looking ahead to FY27, the company is betting on technology to deepen engagement. The focus, Ambani noted, will be on AI-led merchandising, sharper pricing strategies and disciplined execution turning scale into sustained customer value.
In short, the carts are fuller, the clicks are quicker, and the next phase looks less about reach and more about precision.
