| Retail - E-commerce business | Multi-brand online retail platform offering ~8 million unique items including home, apparel, musical instruments, stationery. | Advanced AI-powered supply chain, vast vendor network, strong fulfillment infrastructure, and multi-market presence. | B2C focus serving consumers across India and Middle East with growing global partnerships. | Private label brands and exclusive merchandise sales. | 6542 | 95 | Revenue from product sales through online marketplace platforms and vendor partnerships. | Product sales with competitive pricing, supported by vendor collaborations and fulfillment centers. | Rising internet penetration, digital payment adoption, and strategic partnerships with Amazon and Noon driving fast revenue growth. | Cocoblu Retail |
| EV (E-Motorcycles) | Design, manufacturing and sale of AI-enabled electric motorcycles with mobile connectivity features. | First-mover advantage in AI-enabled EVs, strong brand endorsement, wide dealer network, and FAME subsidy approvals. | B2C individual consumers seeking sustainable and tech-driven mobility solutions. | Premium electric motorcycle models with AI features. | 151 | 2 | Sale of electric motorcycles and aftermarket services including battery & app features. | Direct sales through proprietary dealer network and company-operated stores with government subsidies support. | Government EV subsidies, rising environmental awareness, expanded dealership count to 206, and deepening brand presence. | Revolt Motors RV series (RV400, RV BlazeX, RV400 BRZ) |
| Investment | Investment management and strategic equity holdings in subsidiaries and emerging businesses. | Access to diversified sunrise sector businesses providing growth opportunities. | Corporate investors and stakeholders in group ventures. | High yield returns from equity investments. | 164 | 2 | Returns on investments, dividends and capital gains. | Long-term equity holdings with diversified portfolio management. | Capital deployment in growth sectors and value unlocking from strategic subsidiaries. | |
| Others | Manpower/Human Resource supply, payroll management services, technology services and other related activities. | Diverse service offerings and integration with subsidiaries' technology platforms. | B2B clients across industries requiring staffing and technology solutions. | Payroll management and tech consulting services. | 30 | 1 | Service fees, consultancy charges, and technology platform revenues. | Service contracts and recurring fee structures. | Growing demand for HR outsourcing and digital workforce management solutions. | |
