Booz is an app-based electric scooter that was added in Shark Tank India Season 1 Episode 1 which is the first such scooter in South Asia. If its demand for the Asian market is going to increase a lot, then it can become a revolutionary startup feature.
After joining Booz Shark Tank India, he has got a lot of right funding, so in this post, we will know.
What Is Booz?
According to the founder, Booz is South Asia’s first app-based electric scooter that provides the user with a great travel experience at a sustainable price. Booz is one such unique startup that offers electric scooter rentals at all places like business parks, Commercial parks, Residential areas, Industry Areas, Education campuses, Tourist spots, Public spots, hotels, clubs, and Resorts everywhere.
Booze works based on monthly subscriptions, everything from the charger to the plug is available in it. Provides rides in Booze Pay Per Way at Public Places.
| Company Name | Booz |
| Founder | Rutvij Dasadia |
| Product | Scooter |
| Asked For | ₹40 Lakhs for 15% |
| Final Deal | ₹40 Lakhs for 50% |
| Shark | Vineeta Singh & Ashneer Grover |
| Episode (Shark Tank India) | S1 E1 |
| Business Status | In Business |
| Net Worth | ₹2.6 Crores |
Who Is The Founder Of Booz?
The name of the founder of Booz is Rutvij Dasadia, it is an engineer. He earned his bachelor’s degree in 2015 from Gujarat Technological University. He has been a member of SAEINDIA. He has also received the Top 500 CEOs Awards. In 2020, he designed Agile Meats from the University of Virginia Darden School of Business.
He has learned Machine Learning – Fundamentals from the University of London. He has worked in many moto companies like “Menza Motors Pvt. Ltd.”, Volvo Cars, and Next Feature Transportation. He started Booze Scooters in 2017 from Ahmedabad.
After Booz’s founder was featured in Season 1 Episode 1 of Shark Tank, he offered ₹40 Lakhs for 15% of the company’s shares. If Indian Shark did not show much interest in this startup, then in this startup, Vineeta Singh & Ashneer Grover invested ₹40 lakhs in 50% shares.
Booz Shark Tank is a startup participating in India with a net worth of ₹2.6 crores per year. The growth of this startup in features is going to be quite booming which is currently not its potential growth.
