EMotorad names ex-CARS24 India CEO Himanshu Ratnoo as cofounder to lead global push

Dhoni-backed e-bike maker EMotorad has elevated former CARS24 India CEO Himanshu Ratnoo to cofounder, tasking him with scaling its 800-dealer, 18-country footprint and opening new mobility categories. The $25 Mn-funded startup is chasing 5X Europe growth.

— Filed Wed, 27 May, 2026, 08:05 IST · Source Inc42 · Buzz · Updated

Dhoni-backed e-bike startup EMotorad has appointed former CARS24 India CEO Himanshu Ratnoo as cofounder to drive global expansion and new mobility categories. Startup operates 800+ dealerships across 18 countries and has raised $25 Mn.

Why this matters

EMotorad is shifting from India-led e-bike player to global mobility brand, using a senior auto-retail leader to scale dealer reach and category expansion as Europe becomes its growth focus.

Leadership signals steady at 100 in last 90 days, reflecting sustained C-suite churn across retail.

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