RevampMoto
E-Bike Mitra bud-e RM
The pitch
- Season / Episode
- S1 E5
- Aired
- 24 Dec 2021
- Industry
- Vehicles/Electrical Vehicles
- From
- Nashik, Maharashtra
- Founded
- 2021
- Asked for
- ₹1 Cr for 1%
- Valuation asked
- ₹100 Cr
The outcome
- Deal
- ₹1 Cr for 1.5%
- Deal valuation
- ₹66.67 Cr
- Yearly revenue
- —
- Monthly sales
- ₹0.01 L
- Gross margin
- —
Who invested
- Anupam₹50 L for 0.75%
- Aman₹50 L for 0.75%
Founders
- Jayesh Sahebrao Tope — Co-founder source
- Pritesh Prakash Mahajan — Co-founder source
- Pushkaraj Narendra Salunke — Co-founder source
Researched from public sources · checked 20 Aug 2026
What happened next
- Revamp Moto begins trial production at its Nasik microfactory
Revamp Moto began trial production of an initial batch of 120 RM Buddie 25 electric two-wheelers at what it called India's first microfactory in Nasik, with customer deliveries planned from November 2023.
Autocar Professional · 26 Sep 2023
News is researched from public sources, is not exhaustive, and carries the date it was published — not a live status.
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