Dhruv Vidyut electric conversion cycle kit on Shark Tank India, episode, founder, deal, valuation, price, net worth

Dhruv Vidyut electric conversion cycle kit on Shark Tank India, episode, founder, deal, valuation, price, net worth

Dhruv Vidyut, an electric conversion kit, has been in the news because it was recently featured on Shark Tank India season 2, know the episode number and deal

Shark Tank India season 2 is a well-known business-based reality television program in India where business owners present their ideas to a group of possible investors, or “sharks,” in order to secure funding.

The sharks can decide whether to put their own money into the venture in return for stock in the company; alternatively, they can decide to pass on the chance. However, the recent pitch on the show shocks everyone as it doesn’t want money, but wants sharks’ time.

An odd request from a pitcher will be featured in the upcoming episode of Shark Tank India Season 2. The creator of Dhruv Vidyut Electric Conversion Kit will approach the show’s judges, Anupam Mittal, Aman Gupta, Vineeta Singh, Peyush Bansal, and Namita Thapar, for their “100 hours for 0.5% equity.”

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Dhruv Vidyut electric conversion cycle kit on Shark Tank India, episode, founder, deal, valuation, price, net worth in 2023

Since then, the pitch has generated so much buzz on social media with many people left curious about the business. So, let’s find out everything about it.

Dhruv Vidyut Electric Conversion Kit Shark Tank India Episode Number Shark Tank India Season 2, Week 6 Episode 30
Dhruv Vidyut Electric Conversion Kit Shark Tank India Episode Air Date 10 February 2023
Dhruv Vidyut Electric Conversion Kit Founder Name Gursaurabh Singh
Dhruv Vidyut Electric Conversion Kit Ask In Shark Tank India Shark Time 100 Hours of Time for 0.5% Equity
Dhruv Vidyut Electric Conversion Kit Investor Name Aman Gupta, Anupam Mital, Peyush Bansal
Dhruv Vidyut Electric Conversion Kit Contact Info Twitter Account

More about Dhruv Vidyut

Dhruv Vidyut is an Electric Conversion Kit. It upgrades the traditional cycle to a motor and battery-operated electric cycle, improving the convenience and safety of transportation.

It is founded by Gursaurabh Singh who presents a solution for the 58% of people in India who commute daily on their indigenous cycles.

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The electric conversion kit is designed with a compatible structure and innovative features such as a top speed of 25 KPH, a payload capacity of 170 KG, a range of 40 KMS, and being fire and waterproof. It is made of aircraft-grade aluminum and can be connected to 8 crore cycles and rickshaws across India without any welding or cutting modifications required.

More about its experience on Shark Tank India 2

Sharks Anupam, Peyush, and Aman offer 100 hours of their time in exchange for 0.5% equity with conditions.

Anupam requires Dhruv Vidyut to raise 1 crore, while Peyush and Aman offer to be the first investors and provide a full floor in their Gurgaon factory for the founder to work. The business pitcher accepts the terms of all three sharks and the deal is finalized with the added conditions of the sharks.

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