Gear Head Motors e-bike Shark Tank India founders, valuation, revenue, funding, net worth
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The Electric Bicycle and Tricycle of Gear Head Motors are making netizens go gaga ever since they witnessed the recent promo video of the latest episode of Shark Tank India Season 2, know about the company founders
For those who are unversed, let us tell you, in the recent episode of Shark Tank India Season 2, the founders of Gear Head Motors, introduced their Electric Bicycle and Tricycle.
The promo footage of the founders explaining their business model is now swirling around the internet.
Gear Head Motors e-bike Shark Tank India founders, valuation, revenue, funding, price, net worth
The clip of the promo which has received over 4,120 likes has left everyone going wild as they want to know more about the company, so, here’s all the details that you need to know about.
For those who are curious about the company, let us tell you, Gear Head Motors is based out of Hyderabad, Telangana. Founded in 2020 by Nikhil Gunda and Meher Sai with Rs.16,000, Gear Head Motors has made a name for itself by designing over 70% of its components in-house and assembling electric cycles tailoring to the specific needs of Indian commuters.
The brand offers their Electric Bicycle and Tricycle for a sum of Rs 24,000. The brand is making everyone go wild as it is India’s first and foremost company who are trying to save the world from Biofuels.
As per the official website of the company, Gear Head Motors is the pioneers of safety and reliable electric vehicles. Their goal is to provide electric vehicles which are efficient, eco-friendly, affordable and effective for all and can be used by every sector possible.
Sharks had a fun ride on the show! 🚲
Watch the Pitch Tonight at 1O PM on @sharktankindia @SonyTV @SonyLIV #SharkTankIndiaSeason2 #SharkTankIndiaS2onSonyLIV#SharkTankIndiaS2onSonyEntertainmentTelevision #SharkTankIndia #GHMEV #GHM #GearHeadMotors #ECycle #India pic.twitter.com/9iF4vyvRi5
— Gear Head Motors (@ev_ghm) January 5, 2023
The brand was founded back in 2017 when they converted their first IC vehicle into an electric one. Their first retrofitted EV was ‘OMNI EV.’
The brand’s pitching was way too perfect which led Shark Aman and others to doubt the model as they thought there was something wrong with their business model.
Indian e-cycle startup Gear Head Motors secured an investment from Aman Gupta, the founder of Boat, and Piyush Bansal of Lenskart on Shark Tank India. The company is currently valued at Rs.35 crore.
The brand offers a wide variety of Bicycles which ranges from 24,749 for their Model L to 40,499 for their Model E.
At the time of writing this article, the brand is offering an exclusive Shark Tank India offer. The consumers can get the off of upto Rs. 1000/- for purchasing any products from their official website, which is,
As per their official Instagram handle, Gear Head Motors crafts ‘Stylish and Powerful Electric Cycle.’ The company made their products in India.
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Watch full video click here.