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Zelio’s Quiet Rise: How This Listed EV Player Went To Profitability Before Ola Electric, Ather

Summary by Inc42 Media
Kunal Arya’s electric scooter stuttered when he first tried to zip down the Hisar roads in 2019. India was yet to pave the way for a smooth ride for green mobility. Policy announcements spoke of the future, startups pitched grand visions, and global investors were beginning to zero in on the sector. But on the ground, the experience seemed messy. Batteries were not new to Arya, thanks to his family’s inverter battery business, which was deeply e…
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Inc42 Media broke the news in on Friday, February 6, 2026.
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