Nowadays, Indian families sit together to watch Shark Tank India. Shark Tank India is promoting entrepreneurial conversations in Indian families, which were very rare earlier. It is also giving a platform to aspiring businesses to showcase products at a level that might not have been possible otherwise.
Revamp Moto, the deal that induced a shark fight. Revamp is India’s first modular utility vehicle. They came for 1 crore rupees for 1% equity and went with 1 crore rupees for 1.5% equity and two sharks – Aman Gupta and Anupam Mittal. They did have a 1.25% offer from Ashneer Grover but chose to go with two sharks instead. It was a power-packed pitch with a great product and a shark fight. This electric bike allows small-time vendors as well as e-commerce giants to deliver and sell their products at an affordable price.
Recently Aaditya Thackeray has tweeted about meeting Revamo Moto in Nasik, Maharashtra, he said “I learned about the Nashik-based @revampmoto through a clip from @sharktankindia a few days ago, who manufacture made in EV bikes. Today, while in Nashik, met with the young team to see how we can work together with MIDC to scale up their production and promote the use of EV”
I learned about the Nashik-based @revampmoto through a clip from @sharktankindia a few days ago, who manufacture made in 🇮🇳 EV bikes. Today, while in Nashik, met with the young team to see how we can work together with MIDC to scale up their production and promote the use of EV pic.twitter.com/2zoefrPtJ2
— Aaditya Thackeray (@AUThackeray) January 28, 2022
