Revamp Moto Mitra appeared on Shark Tank India Season 1, Episode 5. We will soon find out whether they secured ₹1 Crore in funding from the Sharks.
Revamp Moto is an Indian electric scooter manufacturer that produces reliable and modular scooters. With the increasing global demand for electric vehicles, more people are opting for electric options over petrol and diesel cars and bikes. The number of electric vehicles in India is expected to rise significantly in the coming years.
Founded in 2020 and based in Nashik, Maharashtra, Revamp Moto is a startup focused on developing highly reliable, modular, and connected electric vehicles using innovative utility platforms.
Image Credit: revampmoto.in
| Range | 65 km |
| Load Capacity | 200 kgs |
| Top Speed | 65 kmph |
| Battery | Swappable |
| Price | ₹1.6 Lakhs *Expect |
Image Credit: revampmoto.in
| Range | 70 kms |
| Load Capacity | 120 kgs |
| Top Speed | 25 kmph |
| Battery | Swappable |
| Price | ₹55,000 *Expect |
| Company Name | Revamp Moto Pvt Ltd |
| Founder | Jayesh Tope, Pritesh Mahajan & Pushkaraj Salunkhe |
| Business | innovative electric scooter |
| Asked For | ₹1 Crore for 1.5% Equity |
| Final Deal | ₹1 Crores for 1.5% Equity |
| Shark | Aman Gupta & Anupam Mittal |
| Episode (Shark Tank India) | S1 E5 |
| Business Status | In Business |
| Valuation | ₹100 Crores |
| Website | revampmoto.in |
Who Are The Founder of Revamp Moto?
The founders of Revamp Moto are Jayesh Tope, Pritesh Mahajan, and Pushkarraj Salunkhe, who started this innovative startup.
Jayesh Tope holds a Bachelor of Engineering degree from K.K. Wagh Education Society’s College of Engineering. He has completed internships at Hindustan Aeronautics Limited and Zenith Education, and he served as a graduate trainee at Mahindra Group for one year.
Pritesh Mahajan also studied engineering at Savitribai Phule Pune University. He worked at the State Bank of India for three years and has been the director of Primchem Technology. In 2020, he served as the Chief Marketing Executive of Narmada Udyog before joining Revamp Moto as a founder in September 2020.
Pushkarraj Salunkhe, an engineering student from Maharashtra, has gained experience working with multinational companies such as Team Toraccle Racing, Supreme Equipments Pvt Ltd, and IndiaFIRST Robotics, a division of Habib Animators Pvt. Ltd.
