Revamp Moto Mitra featured in Shark Tank India Season 1 Episode 5. Revamp Moto Mitra is a startup that focuses on providing electric vehicles that are modular as well as reliable to the customers. The founder of this brand are Jayesh Tope, Pritesh Mahajan & Pushkaraj Salunkhe, from Nashik, Maharashtra, India. They had asked for ₹1 Crore against 1.5% share of the company in Shark Tank India.
Revamp Moto Mitra Shark Tank India Update!
Revamp Moto Pvt Ltd
Jayesh Tope, Pritesh Mahajan & Pushkaraj Salunkhe
₹1 Crore against 1%
₹1 Crores for 1.5% Equity
Aman Gupta & Anupam Mittal
Season 1 Episode 5
Journey of Revamp Moto Mitra to Shark Tank India.
About Revamp Moto Mitra
Revamp Moto Mitra is an electric scooter manufacturer made in India which makes modular scooters. The demand for electric vehicles is on the rise and people all over the world are now switching to electric vehicles instead of petrol and diesel vehicles. This trend bodes well for the future of the company.
Revamp Moto Mitra Founder
Jayesh Tope, Pritesh Mahajan & Pushkarraj Salunkhe are the founders of Revamp Moto Mitra.
Jayesh Tope is a Bachelor of Engineer student and has completed his degree from K.K.Wagh Education Society’s College of Engineering. He has completed his internships in Hindustan Aeronautics Limited and Zenith Education. He has also been a graduate trainee in Mahindra Group for a year.
Pritesh Mahajan is also an engineering student and has completed 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 also from engineering background and hails from Maharashtra. He has worked for many multi-national companies like Team Toraccle racing, Supreme Equipments Pvt Ltd, etc.
Why did Revamp Moto Mitra got investment from Shark Tank India.
Better product validation as compared to companies in other sector.
Low Risk Investment.