Revamp Moto Mitra Shark Tank India Update

Revamp Moto Mitra has featured in Shark Tank India Season 1 Episode 5. Whether Electric Scooter Revamp Moto Mitra is getting funding of ₹1 Crore from Shark Tank India, we will know further.

As you know, Revamp Moto is an electric scooter manufacturer made in India which makes reliable, modular scooters. The demand for electric vehicles is very high all over the world, people are now using electric vehicles instead of petrol and diesel cars, and bikes. It is sure that in the coming times, the number of electric vehicles inside India is going to be very high.

Revamp Moto 2020 was launched in Nashik, Maharashtra base is an electric vehicles startup. This Revamp Moto develops highly reliable, modular, and connected electric vehicles based on modular utility platforms.

Currently, Revamp Moto has come out with its two products named “RM MITRA 02” and “RM 25”. These two products are electric battery-less. This vehicle is made in India, its product has been made in India.

RM MITRA 02: This is a top-level model of Revamp Moto which has a top speed of 65 kmph. This model uses a swappable battery which can be removed and charged. Revamp Moto gives the option of customizing the customer opting for this variable. The user can customize this vehicle according to his needs.

It already has some embedded customizations like Panniers, Side Rack, Back Seat, Delivery Basket, Food Box, Modular Shop, Folding Table & Front Back, etc.

Revamp Moto Mitra Shark Tank India Update
RM MITRA 02

Image Credit: revampmoto.in

Range65 km
Load Capacity200 kgs
Top Speed65 kmph
BatterySwappable
Price₹1.6 Lakhs *Expect

RM 25: Another model of Revamp Moto Mitra is RM 25 with a top speed of 25 kmph. There is a difference in capacity, speed, and range between these two models. So in this model, you get a few things in-build like a Back Rack, Base Place, Food Box, Panniers & Delivery Cage, etc.

Revamp Moto Mitra Shark Tank India Update
RM 25

Image Credit: revampmoto.in

Range70 kms
Load Capacity120 kgs
Top Speed25 kmph
BatterySwappable
Price₹55,000 *Expect

This electric scooter can bring a new upgrade in the coming times.

Company NameRevamp Moto Pvt Ltd
FounderJayesh Tope, Pritesh Mahajan & Pushkaraj Salunkhe
Businessinnovative electric scooter
Asked For₹1 Crore for 1.5% Equity
Final Deal₹1 Crores for 1.5% Equity
SharkAman Gupta & Anupam Mittal
Episode (Shark Tank India)S1 E5
Business StatusIn Business
Valuation₹100 Crores
Websiterevampmoto.in

Who Are The Founder of Revamp Moto?

The founders of Revamp Moto are Jayesh Tope, Pritesh Mahajan & Pushkarraj Salunkhe in Tono who started this Startup.

Jayesh Tope is a Bachelor of Engineering student, he has done his degree from K.K.Wagh Education Society’s College of Engineering. He has done internships at Hindustan Aeronautics Limited and Zenith Education. He has been a graduate trainee at Mahindra Group for 1 year.

Pritesh Mahajan is also an engineering student, he has done his engineering studies at Savitribai Phule Pune University. He has worked in the State Bank of India for 3 years. He has also been the director of Primchem Technology. In 2020, he was the Chief Marketing Executive of Narmada Udyog. In September 2020, he joined Revamp Moto and became its founder.

Pushkarraj Salunkhe is an engineering student from Maharashtra, he has worked in multi-national companies like Team Toraccle racing, Supreme Equipments Pvt Ltd, IndiaFIRST Robotics, a Division of Habib Animators Pvt. Ltd.

6 Comments

  1. Hey we can provide u space for ur production plant in Bhopal, capital of madhya pradesh.
    Besides we are also interested for delar ship in bhopal or m.p.

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