
Sharks Invested
Product Details
Entrepreneur Background
Nikhil has an engineering background. During his engineering days, he started a coffee shop. He then sold the coffee shop for ₹75,000 to the college. He also created an app called Amigo a QR scanner to take pre-orders. Within 6 months, they were covering more than 300 restaurants. Later, they sold Amigo to a local POS company for ₹2 crore. Nikhil was 24 years old and Meher was 26 years old at the time of the pitch. Nikhil started his first business when he was in college — he owned a coffee shop.
The Product / Service
Gear Head Motors is a brand that makes electric tricycles and bicycles from ₹24,000. In one single charge, the bike runs up to 60 km. Hence, if you wish to travel short distances, Gear Head Motors is the number 1 choice.Gear Head Motors manufactures affordable electric bicycles (LIFE range: L, I, F, E models) and electric tricycles for the specifically-abled, cargo transport, and passenger transport designed for India's 400 million short-distance daily commuters who travel less than 30 km per day and cannot afford ₹1–1.5 lakh electric scooters but need a motorised alternative to conventional bicycles. At ₹24,000 (the L model), the Gear Head e-cycle costs less than a premium conventional bicycle from Hero or Trek, while eliminating the physical effort of pedalling entirely.