Revamp Moto raises INR 1 Cr at Shark Tank India

Nashik based Revamp Moto presented its Modular Utility Electric Vehicles the Revamp Mitra and the RM25 on Shark Tank India and managed to raise INR 1 Cr on the show. Revamp Moto is an EV startup founded by Jayesh Sahebrao Tope, Pritesh Prakash Mahajan and Pushkaraj Narendra Salunke.

The investment was raised from Aman Gupta, Co-Founder, boAt and Anupam Mittal, Founder & CEO of People Group. Anupam is also an investor in bike taxi service company, Rapido.

These electric bikes allow small-time vendors as well as e-commerce giants to deliver and sell their products within an affordable budget.

About the e-bikes

Features

  • Range
  • Load Capacity
  • Top Speed
  • Battery
  • Customisation

Revamp Mitra

  • 140 kms
  • 200 kgs
  • 65 kmph
  • Swappable
  • Customisable with panniers, siderack, backseat, delivery basket, food box, modular shop, folding table to display products like farm produce, consumables, mobile fridge for milk or vaccine delivery and front rack for baggage handling.

RM25

  • 70 kms
  • 120 kgs
  • 25 kmph
  • Swappable
  • Customizable with a back rack, base plate, food box, panniers, delivery cage

The price range of the e-bikes is yet to be announced. A company statement said Revamp Moto will be eligible for FAME subsidies and can pass on the cost benefit to its customers. The start-up said it has already received orders from multiple brands in India and is targeting manufacturing 10,000 units this year.

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13 thoughts on “Revamp Moto raises INR 1 Cr at Shark Tank India

  • Great to see the development in the ev sector

    Reply
    • Islampur dist uttar Dinajpur pin no 733202 west Bengal Mujhe showroom kholna hai my contacts no 8016506796

      Reply
  • please provide a detail about a distributorship for my city . My contact number 9407074514

    Reply
    • Surat City showroom

      Reply
  • Can i get electric scooter in Mumbai

    Reply
  • Can i get electric scooter in Mumbai

    Reply
  • Sir I want this one but how

    Reply
  • Can we get a distributership for Mumbai

    Reply
  • Islampur dist uttar Dinajpur pin no 733202 west Bengal Mujhe showroom kholna hai my contacts no 8016506796

    Reply
  • I want to purchase your product , kindly provide me your contact number.

    Reply
    • My contact number is 7870489999

      Reply

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