Micromax Co-Founder's EV Startup Revolt Intellicorp to Launch India's 1st AI-Enabled Bike in June

Micromax Co-Founders EV Startup Revolt Intellicorp to Launch Indias 1st AI-Enabled Bike in June

  • In a media statement, Rahul Sharma, founder, Revolt Intellicorp Pvt.
  • Last year in May, it was reported that the government is considering establishing of a venture capital (VC) fund of ₹500 crore in order to support startups related to electric vehicles (EV) in India.
  • In 2015, Indian government had started Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) scheme which provides incentives for purchasing electric vehicles.


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