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Booz Scooters Shark Tank India Season 1

by IndiaSuccessStories
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Booz Scooters Shark Tank India Season 1 Got 40 Lakhs Funding in Exchange of 50% Equity by Ashneer Grover, Vineeta Singh.

Booz Scooters

Pitch no 2 with company details

Booz Scooters

Asia’s first and only operator of bespoke electric kick scooters. The first fleet subscription service for electric vehicles that is hybrid in the world. Our team decided to go deep into one of the industries that is expanding the quickest in the world. With a fleet of just 20 Booz Scooters, a smartphone app, an electric kick scooter, mobility infrastructure, and a first-in-industry business model were developed and implemented in December 2019 in various public and commercial sites in Ahmedabad and Gandhinagar City. By achieving this, Booz becomes the first operator in South Asia to receive approval from the Civic Body to use these electric kick scooters in public areas of cities.

Founder of Booz Scooters

Booz scooters were founded by Rutvij Dasadia. Gujarat Technological University was the school where he completed his degree in automotive engineering (GTU). He had invested about ₹9 lakhs in this firm with his father.

Booz Scooters Funding Round

Company Name

Booz Scooters

Shark Tank India Season


Episode No


Season No



Booz Scooters


Renting e-bike for mobility in private spaces

Original Ask

40 Lakhs for 15% Equity


40 Lakhs for 50% Equity

Invested By:

Ashneer Grover, Vineeta Singh

In a thrilling episode of Shark Tank India Season 1, viewers witnessed the electrifying pitch of Booz Scooters, a startup aiming to revolutionize private space mobility with their innovative e-bike rental service. With the sharks circling and tensions rising, the founders of Booz Scooters showcased their vision and passion, ultimately securing a game-changing funding round.

The Pitch:

With an initial ask of 40 Lakhs for a 15% equity stake in their company, the Booz Scooters team was seeking investment to scale their operations and expand their reach. However, negotiations took an unexpected turn when the sharks expressed interest in acquiring a larger portion of the business.

The Deal:

After a series of deliberations, Ashneer Grover and Vineeta Singh saw the potential in Booz Scooters and made a bold offer: 40 Lakhs for a 50% equity stake. Recognizing the value of partnering with experienced investors who shared their vision, the founders accepted the deal, sealing a promising partnership.

Investors Behind Booz Scooters:

Ashneer Grover: known for his sharp business acumen and strategic investments, saw Booz Scooters as a disruptive player in the mobility sector with significant growth potential.

Vineeta Singh: with her expertise in marketing and brand building, recognized the opportunity to position Booz Scooters as a leading provider of sustainable transportation solutions.


The success of Booz Scooters on Shark Tank India Season 1, Episode 1 highlights the power of entrepreneurship and innovation in addressing real-world challenges. As the journey of Booz Scooters continues, it serves as inspiration for aspiring entrepreneurs to pursue their dreams, disrupt industries, and make a positive impact on society. Stay tuned for more groundbreaking ideas and investment deals in the upcoming episodes of Shark Tank India!

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