Neomotion

Aditya Gupta, founder of Neomotion, is engineer specializing in electric vehicle technology. His innovation: create affordable last-mile mobility solutions for Indian cities. Neomotion manufactures lightweight electric vehicles optimized for urban delivery and personal commuting.

Neomotion manufactures electric three-wheelers and two-wheelers designed for Indian urban conditions. Products include electric auto-rickshaws for commercial use, electric scooters for personal commuting. All vehicles feature robust construction, reliable batteries, and extensive service network.

Amount: Rs 4 crore | Equity: 8% | Valuation: Rs 50 crore

Aditya presented EV mobility opportunity: India needs 5M+ EVs for last-mile delivery. Neomotion addresses commercial and personal segments. Metrics: 10,000+ vehicles sold, Rs 50+ crore annual revenue, expanding to 15 cities.

Anupam Mittal saw transportation electrification opportunity. He appreciated founder's engineering expertise. Peyush raised concerns about battery sourcing. Namita questioned charging infrastructure.

Anupam offered Rs 4 crore for 12% equity. Aditya countered Rs 4 crore for 8%. Anupam accepted 8%, valuing founder expertise. Deal included supply chain partnerships.

Deal Secured: YES | Investment: Rs 4 crore | Equity: 8% | Shark: Anupam Mittal