Hyderabad (Telangana) [India], January 6 (ANI/ATK): Indian e-cycle startup Gear Head Motors has secured investment from Aman Gupta, the founder of Boat, and Piyush Bansal of Lenskart on Shark Tank India. This is a major endorsement for GearHead, which has quickly become a major player in the transportation industry with its innovative and sustainable approach to electric vehicles. Founded in 2020 by Nikhil Gunda and Meher Sai, Gear Head Motors has made a name for itself by designing over 70% of its components in-house and assembling electric cycles tailoring to the specific needs of Indian commuters. GearHead Motors has launched four e-bike models - L. I. F. E - to solve urban commuting problems on the go. With research dating back to as early as 2015, Nikhil and Meher, the co-founders of Gear Head Motors, have a deep understanding of the electric vehicle market and a commitment to testing and evaluating their products in real-world conditions. Their dedication to innovation and sustainability has helped Gear Head Motors grow from a small startup with an initial investment as low as Rs. 16,000 to a 35 crore-worth company in just four years. Since its inception, Gear Head Motors has delivered more than 8,000 tricycles and over 5,000 e-bikes. The company aims to bridge the gap between the global supply of electric vehicles and the needs of Indian customers and build an ecosystem that supports sustainable mobility in the future. Aman Gupta, who invested in Gear Head Motors through Shark Tank India, praised the company's founders for their dedication and expertise in the industry. Our sources revealed Aman's insight on GHMEV, "I am really impressed with the design of the e-cycle and happy to be investing in GearHead Motors. The founders have a clear market insight and I am excited to see what they can accomplish with the support." Peyush Bansal, also an investor in Gear Head Motors, added: "With Nikhil and Meher's experience and expertise in the Electric Vehicle sector, I am confident that they will be able to steer the industry with their 10X business idea and their 10X entrepreneurial journey. I am glad to be a part of GHMEV. Let's together grow the business. Speaking of the investments, "We are thrilled to have the support of Aman and Peyush as we continue to grow and innovate in the EV space," said Nikhil Gunda, co-founder of Gear Head Motors. "With this funding, we will be able to expand our operations and bring even more electric bikes to the market, helping to support sustainable mobility in India." According to Nikhil and Meher, the key to success in the electric vehicle industry is more than just technology. "EV is not just about Lithium Ion batteries," they said. "EV is an infrastructure, that is building trust and acceptance in the communities." Previously, Gear Head Motors raised 6 crores in a pre-seed funding round led by Hemin Shah and Sudhakar Moparthy. The company focuses on expanding the startup's operations in India and other Asian countries. As the demand for electric vehicles continues to grow in India and around the world, Gear Head Motors is poised to play a major role in shaping the future of transportation. With its strong foundation and ambitious plans for the future, Gear Head Motors is well on its way to becoming a leader in the e-cycle industry. The company's success on Shark Tank India is a testament to its potential for future growth. This story has been provided by ATK. ANI will not be responsible in any way for the content in this article. (ANI/ATK)
Get latest articles and stories on Business at LatestLY. Indian e-cycle startup Gear Head Motors has secured investment from Aman Gupta, the founder of Boat, and Piyush Bansal of Lenskart on Shark Tank India. This is a major endorsement for GearHead, which has quickly become a major player in the transportation industry with its innovative and sustainable approach to electric vehicles. Business News | Shark Tank India: Gear Head Motor Rides High, Secures Funding from Aman Gupta and Peyush Bansal.
surprise, just 21 a big part of jd life story with his service in the marine corps. and combat in iraq, and afghanistan. >> he would tell people all the time that certain things would cause him ptsd, and he couldn't be in loud places and he didn't want a b in crowded bars. >> because he had been a marine and fought overseas? >> yeah. >> in civilian life, he was a mechanic, a gear head. aaron wasn't sure about him but it was robbyn who was so taken with it. and aaron wanted her best friend to live her dreams. >> she wanted the happy -- no matter what would wake it work. >> you think she settled? >> i do. i think she loved him. but failure was not an option for her guard. she wanted to make it happen. >> two months later it
meet robin on helium road? >> no. >> then jurors were shown another recording taken a few weeks later. when his story changed dramatically. and he admitted that he did meet with robin that night. and he said, so did katie. who jd claimed followed him out helium road. >> which took me by surprise and everything. >> that was not the biggest lie that j.d. was accused of telling, even bigger was this one. giant event by texas standards. it wasn't about the night of the murder, it was about his past. a record surge by investigators head yield did this. j.d., the gear head. was no jar head. he had never served a day in the marines or any other branch of the military. all of it seem to be something that he made of to impress women like robin whose parents both had military careers. >> is that kind of thing
in fact, to my checking to this point i'm sure daniel dale and all the better minds look it up, the only thing i heard him say tonight that factually i think is wrong will mean nothing to you guys but means a lot to me, i don't believe they made a 1967 corvette without pausi traction. it's where power goes to both of the rear tires. they both spin at the same time. >> i hear you speaking and saying words but i have no idea what it means. >> such a gear head, dana. >> he said the reason he won the race was because -- >> i'm kidding. i don't know what any of that means. >> i don't know that they made a '67 vette without. but other than that, i thought that -- i don't know how many voters will respond to that. >> that is definitely checkable. but listen, i think you're absolutely -- you're right that he has been very engaged of late. he's been engaged for more than that. but, really going back and forth. he has been on the phone with
command of the data. he was spitting a lot of facts tonight about numbers. in fact, to my checking to this point i'm sure daniel dale and all the better minds look it up, the only thing i heard him say tonight that factually i think is wrong will mean nothing to you guys but means a lot to me, i don't believe they made a 1967 corvette without pausi traction. it's where power goes to both of the rear tires. they both spin at the same time. >> i hear you speaking and saying words but i have no idea what it means. >> such a gear head, dana. >> he said the reason he won the race was because -- >> i'm kidding. i don't know what any of that means. >> i don't know that they made a '67 vette without. but other than that, i thought that -- i don't know how many voters will respond to that. >> that is definitely checkable. but listen, i think you're absolutely -- you're right that he has been very engaged of late. he's been engaged for more than that. but, really going back and forth. he has been on the phone with