Buy Affordable Electric Bicycles and Tricycles online from Gear Head Motors.
Gear Head Motors is a company that specializes in affordable electric bicycles and tricycles. The company’s products are made using carbon steel, which is known for its durability, strength, and shock resistance. Gear Head Motors offers a range of electric bike models, including the Model L and the Model I, both of which are designed to be flexible and suitable for a variety of uses.
One of the key features of Gear Head Motor electric bikes is their durability and strength. The carbon steel frame is able to withstand a lot of wear and tear, making these bikes suitable for use in a wide range of conditions. The bikes also have a number of features that make them easy to use and maintain, including an LED display that shows important information such as battery life, speed, and distance traveled.
In addition to offering a range of electric bike models, Gear Head Motors also has a dealer program that allows interested parties to become authorized dealers of the company’s products. This program is designed to help the company expand its reach and make its products more widely available to consumers.
Overall, Gear Head Motors is a company that is committed to providing affordable and reliable electric bikes and tricycles to consumers. The company’s products are made using high-quality materials and are designed to be easy to use and maintain, making them a popular choice for those who are looking for an environmentally-friendly and convenient mode of transportation.
Gear head motors bicycle at Shark Tank India Season 2
Gear Head Motors is a company based in Hyderabad, India that manufactures affordable electric bicycles and tricycles. The founders, V Sai Meher Krishna and Gunda Nikhil, appeared on Shark Tank India season 2 to pitch their business and seek investment. The company’s electric cycles can travel up to 60 km on a single charge, making them ideal for short distance travel. Gear Head Motors initially started with just electric bicycles, but later added electric tricycles to their product line after a handicapped person approached the company. In fiscal year 2021-2022, the company sold 1,500 electric tricycles to the government. The company’s electric bicycles come in four different models: Model L, Model I, Model F, and Model E, with prices ranging from ₹24,000 to ₹38,000. The company has already raised ₹3 crore in funding and has projected sales of ₹20 crore for the current fiscal year. In their pitch on Shark Tank India, the founders made an initial ask of ₹75 lakh for 2% equity, but later revised their ask to ₹1 crore for 3% equity of the merged company at a valuation of ₹33.33 crore. The final deal was closed with Sharks Aman and Piyush at ₹1 crore for 6.67% equity at a valuation of ₹15 crore.