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EV91 revs up Delhi streets with electric fleet and gender-first last-mile delivery push
MUMBAI: Delhi just got a jolt of clean energy, with wheels that mean business. Ev91technologies, one of India’s fastest-scaling electric mobility startups, officially rolled out its flagship electric two-wheeler operations fleet in the capital on 23 June 2025, setting its sights on both sustainable transport and urban employment equity.
The new centre in Delhi-NCR comes equipped with tools for real-time diagnostics, battery testing, servicing, and spare part replacements. The facility aims to offer dependable post-sales support for the startup’s growing fleet of electric vehicles and their delivery partners.
“Delhi is a crucial market for the EV transition, and this new centre is designed to support our customers with fast, reliable, and professional service. Our aim is to not only provide exceptional vehicles but also ensure an effortless post-sales experience that builds long-term trust”, said Ev91technologies founder & CEO Arun Kumar.
The leadership team—including Manoj Kumar (COO), Lalith Kumar (CBO), and Umesh S K (CFO)—brings a unified vision of cleaner roads and wider access to electric mobility across India. Their strategy includes not just asset deployment but creating livelihoods powered by green tech.
Industry partners present at the launch included Vaibhav Sarda from Stride, Rishabh Deo from Gogoro, Jyotir Jain from BizDateUp, and Partha Pratim from MotoVolt—signalling strong cross-sector alignment in finance, mobility, and startup innovation.
In a bold social impact move, EV91 is partnering with Zepto, Big Basket, Flipkart Minutes, and Apollo to provide two-wheelers on a rental model to gig workers unable to afford their own vehicles. The result? A scalable solution that helps riders earn while pushing India’s EV transition forward.
Women riders are firmly in focus too. EV91 is already collaborating with Rapido Pink to promote women-led fleet operations. The company plans to scale up to over 5,000 vehicles in the coming months, with 1,000 earmarked for female riders.
“Our commitment remains clear — to create dignified, green, and scalable employment for underserved women across urban India”, said Kumar.
From buzz to business, EV91Technologies appears to be wiring its growth model not just with batteries and bytes, but with purpose. Delhi, clearly, is only the first stop.
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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.
