Revamp Moto
EV / Mobility-Tech| Pre- Series A
Nashik, India
revampmoto.in
Revamp Moto is an innovative electric vehicle (EV) company specializing in customizable and modular two-wheelers designed for various commercial and personal uses. Founded in 2021, it gained visibility through its appearance on Shark Tank India, where it secured funding and by making India’s first 100% modular EV. Revamp Moto offers vehicles like the RM Buddie and RM Yaara, catering to delivery and fleet needs with attachments for specific food delivery and retail tasks.
The company has established strategic partnerships with battery-swapping providers like Voltup and is expanding its B2B collaborations with major brands like Zomato, Swiggy, and Amazon. It has a production capacity of 25,000 units annually and aims to scale up further with a goal of empowering 1 million lives by 2027 through vehicle financing and support for micro-entrepreneurs.
Founders
Pritesh Mahajan
Co-Founder
Ex-CMO, Narmada Udyog,
Ex-Director, PrimeChem Tech
IIM Sambalpur, University of Reading
9+ Years Experience in management and leadership roles
Pushkaraj Salunke
Co-Founder and CTO
Ex- R&D Engineer, IndiaFIRST Robotics
Ex- Design Engineer, Supreme Equipments
Ex-Head of Design Department
B.E, Nashik Engineering College
Jayesh Tope
Co-Founder and MD
Ex-Project Engineer, Mahindra Group
Ex- Project Intern,
B.E, K.K.Wagh College of Engineering
Key Highlights
Revenue till date FY'25
INR 87 Lacs
IP Assets, Patents and Trademarks
25+
Orderbook
7,000 Units
LOI's and MOU's
11,000 Units
Annual Capacity
25,000 Units
Dealers
500+ PAN India
Key Investors
Deal Details
Current Deal Round
Pre-Series A
Round Size
INR 4 Cr (90% committed)
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
INR 130 Cr Pre-Money
Minimum Ticket Size per Investor
INR 3,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runners
Samarth Pandey
Documents
Pitch Call Recording
Media
Revamp Moto Begins Delivery of RM Buddie
Revamp Moto, one of India’s top manufacturers of electric two-wheelers, is thrilled to announce the start of deliveries for its much-awaited RM Buddie 25 electric bike.
