Gear Head Motors Shark Tank India Season 2

by IndiaSuccessStories March 11, 2024

written by IndiaSuccessStories March 11, 2024 0 comment

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Gear Head Motors Shark Tank India Season 2

Pitch no 10 with company details

Gear Head Motors

One company that makes reasonably priced electrical tricycles and bicycles is called Gear Head Motors. Their bikes have a 60 km range when completely charged. They are thus ideal for short-distance travel.

Founder of Gear Head Motors

Gear Head Motors was founded by V Sai Meher Krishna and Gunda Nikhil.

Gear Head Motors Funding Round

Company Name	Gear Head Motors
Shark Tank India Season	2
Episode No	4
Season No	2
Brand	Gear Head Motors
Idea	Affordable Electric Bicycles and Tricycles
Original Ask	75 Lakhs for 2% Equity
Deal	1 Crore for 6.67% Equity
Invested By:	Aman Gupta and Peyush bansal

At the heart of Gear Head Motors' pitch was a commitment to sustainability and innovation in urban mobility. Their electric bicycles and tricycles aimed to provide a clean, convenient, and cost-effective alternative to traditional modes of transportation, reducing carbon emissions and traffic congestion in crowded city centers. By harnessing the power of electric propulsion, Gear Head Motors aimed to empower individuals to commute with ease while minimizing their environmental footprint.

The Pitch:

Gear Head Motors entered the tank with a mission to democratize access to electric vehicles (EVs) by offering affordable and eco-friendly options for urban commuters. Their idea was to design and manufacture electric bicycles and tricycles that were not only stylish and practical but also accessible to a wide range of consumers. With an original ask of 75 Lakhs for 2% equity, Gear Head Motors sought investment to ramp up production, expand their distribution network, and raise brand awareness in the burgeoning EV market.

The Deal:

Gear Head Motors' pitch struck a chord with Aman Gupta and Peyush Bansal, who recognized the transformative potential of their affordable EVs in addressing the challenges of urban transportation. They offered a deal of 1 Crore for 6.67% equity, providing Gear Head Motors with the necessary capital to scale their operations, enhance their product offerings, and expand their market reach. This strategic partnership marked a significant milestone for Gear Head Motors, positioning them as a leading player in the rapidly growing EV industry.

Investors Behind Gear Head Motors

Aman Gupta and Peyush bansal: With the backing of Aman Gupta and Peyush Bansal, Gear Head Motors embarked on a mission to revolutionize urban mobility with their affordable electric bicycles and tricycles. The infusion of capital allowed them to accelerate their production, invest in research and development, and launch targeted marketing campaigns to attract customers. Armed with the support of experienced investors, Gear Head Motors continued to pave the way towards a greener and more sustainable future for urban commuters.

Conclusion:

Gear Head Motors' appearance on Shark Tank India Season 2, Episode 4 exemplified the power of innovation to drive positive change in society. Their successful pitch and strategic deal underscored the growing demand for affordable and eco-friendly transportation solutions in urban environments. As they continued to grow and expand under the guidance of Aman Gupta and Peyush Bansal, Gear Head Motors stood poised to lead the charge towards a cleaner, greener, and more sustainable future for all.

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Gear Head Motors Shark Tank India Season 2

Gear Head Motors

Founder of Gear Head Motors

Gear Head Motors Funding Round

The Pitch:

The Deal:

Investors Behind Gear Head Motors

Conclusion:

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Gear Head Motors Shark Tank India Season 2

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Gear Head Motors

Founder of Gear Head Motors

Gear Head Motors Funding Round

The Pitch:

The Deal:

Investors Behind Gear Head Motors

Conclusion:

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