Revamp Moto is owned by Jayesh Tope, Pritesh Mahajan, and Pushkaraj Salunke. These three entrepreneurs founded the company in Nashik, India. 

About the founders 

• Pritesh MahajanAn IIM Sambalpur alumnus who worked as a Project Manager at SBI for three years. He is the CEO of Revamp Moto. 
• Jayesh TopeA Mechanical Engineer who worked on the Mahindra Thar project. He is the Managing Director of Revamp Moto. 
• Pushkaraj SalunkeA professional in robotics and IoT who created his own Humanoid. He is the CTO of Revamp Moto. 

Company mission 

Revamp Moto’s mission is to empower India’s hustlers and accelerate the transition to a zero-emission society. They develop electric two-wheelers that are reliable, modular, and connected. 

Revamp Moto is the brainchild of three dynamic visionaries: Pritesh Mahajan (The Enabler), Jayesh Tope (The Hustler), and Pushkaraj Salunke (The Hacker). Pritesh, an IIM Sambalpur alumnus, leverages his 3-year stint as a Project Manager at SBI.

Who invested in Revamp Moto?

Who are Revamp Moto’s investors? Revamp Moto has 13 institutional investors including LetsVenture, CapFort Ventures and Z Nation Lab. Anupam Mittal and 13 others are Angel Investors in Revamp Moto

What happened to Revamp Moto after Shark Tank?

… striking a deal with Anupam Mittal and Aman Gupta, Revamp Moto has skyrocketed its revenue by an astounding 200x from its initial Shark Tank appearance to now15

Is Revamp Moto successful?

Under their leadership, Revamp Moto has emerged as a beacon of innovation in the electric vehicle industry, carving a niche for itself with its scalable, modular, and adaptable solutions.

Who are Revamp Moto competitors?

River, Greaves Electric Mobility, Ather (Automotive), DISPATCH (Automotive), and Ola Electric are some of the 6 competitors of Revamp Moto.

What is the price of Revamp Moto Buddie 25?

Rs. 69,999

The price of Revamp Moto RM Buddie 25 in India starts at Rs.69,999

What does revamp Moto do?

Revamp Moto develops highly Reliable, Modular, and Connected Electric Vehicles based on its Modular Utility Platforms. Our mission is to empower India’s hustlers while accelerating the transition to a zero-emission society

What is the price of revamp Moto?

India’s Game-Changing Electric Vehicle: Pioneering a New Era of Low-Speed Biking Experiences just at ₹ 69,999* only.

As of May 7, 2023, Revamp Moto was valued at $25.2 million. Revamp Moto is an electric vehicle (EV) manufacturer based in Nashik, India. 

Funding and valuation history

• Revamp Moto’s first funding round was on January 5, 2022. 
• The company’s latest funding round was on May 7, 2023. 
• Revamp Moto has raised over $1 million in pre-seed funding. 
• The company has also been in talks to raise $3.5 million. 

Company profile

• Revamp Moto was founded in 2020. 
• The company’s mission is to accelerate the transition to a zero-emission society in India. 
• Revamp Moto is India’s first modular utility firm that provides sustainable solutions. 
• The company pitched its electric scooters on the show Shark Tank. 
• Anupam Mittal and Aman Gupta invested INR 1 crore for 1.5% equity in the company. 

Products 

• Revamp Moto has launched the RM Buddie 25 Scooter and the RM Mitra 02.

About Revamp Moto

• Revamp Moto is an electric scooter company based in India 
• The company was founded by Pritesh Mahajan, Jayesh Tope, and Pushkaraj Salunke 
• The company’s cheapest model is the Revamp Moto RM Buddie 25, which starts at ₹69,999 
• The company’s upcoming model, the Revamp Moto RM Mitra, is expected to launch in 2025 
• The company’s CIN is U35923MH2021PTC354010 
• The company’s ROC is RoC-Mumbai 
• The company’s category is Company limited by shares 

Additional information

• The company raised $1.02 million in a seed round on April 19, 2022 
• As of May 7, 2023, the company’s post money valuation was $25.2 million 
• The company’s website is http://www.revampmoto.in 

The price list for Revamp Moto products includes:

• Revamp Moto RM Buddie 25: The cheapest model from Revamp Moto, starting at ₹69,999 
• Revamp Moto RM 25 02: An upcoming B2B utility e-scooter with an ex-showroom price of ₹55,000 
• Revamp Moto RM Mitra: Expected to launch in India in August 2025 with an estimated price of ₹1.06 lakh 

Revamp Moto is an electric vehicle (EV) startup based in Nashik. The company has gained recognition for its innovative, scalable, modular, and adaptable solutions. 

Additional details about Revamp Moto products: 

• The RM 25 02 is a slow-speed EV with a claimed range of 75 km and a top speed of 25 kmph 
• It does not require any registration as it is a slow-speed EV 
• The RM 25 02 will compete with slow-speed scooters like the Hero Electric Eddy, Joy e-bike Gen Nxt Nanu, BGauss A2, and Detel Easy Plus 

Investors in Revamp Moto: LetsVenture, CapFort Ventures, Z Nation Lab, and Anupam Mittal and 13 others. 

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