Hello investors , I am Hiren Bhanderi, Director of Planning at Ashva Motors pvt Ltd.
We are an upcoming Electric Motorcycle company.
We are looking out for angel investors who can help us with an initial investment of INR 15,00,000 to INR30,00,000.
Kindly contact back so that i can send you the pitch.
First prototype ready.
As per recent testing, top speed was 180kph with acceleration(0-60kph) of 2.8sec. Range was 90kms with charging time less than 60mins.
The enter point of Ashva will be commuter motorcycle, which forms 78% segment of the automobile.
Problem or Opportunity
Air pollution is the fourth biggest killer, killing millions of people around the world. We focus on eliminating the emission of pollutants from motorcycles as majority of pollutants are emitted by automobile sector specially motorcycles as 78% Indians prefer motorcycle for commuting.
Solution (product or service)
To build electric motorcycle with long range and short charging period.
Simultaneously, focusing on researching topics like self balancing and other battery technologies to improve charging time.
Advantages or differentiators
100% use of renewable resources for charging.
Battery pack assembly without soldering cells.
Synchronization of motor and wheel to increase the efficiency of motorcycle to 96% from 92%(of first prototype )
Model 2 design: ₹5,00,000
Model 2 prototype: ₹10,00,000
Creating brand value and Marketing and sales of Model 2: 10,00,000
Modifications in prototype 1: 5,00,000
Sources of revenue: Ashva's charging stations, India's first electric motorcycle racing competition organized by Ashva, commuter motorcycles.
Year of revenue generation : 2019 (third quarter)
*detailed business model included in pitch deck.
Money will be spent on
Designing and prototyping second model.
Creating Brand value of the company.
Sales and marketing of second prototype.
Offer for investor
Minimum ₹15,00,000 for 6%stakes
Maximum ₹30,00,000 for 14% stakes
Year: 2020 (last quater)
For x1.5 times the invested money
Risk is minimized by incorporating reviews sessions wherein we involve testing by our target customers and recording their reviews to make necessary modifications in the prototype, before launch, to make it reliable for them.
Incubation/Acceleration programs accomplishment
Participation in Bala Vikas International Center Cohort for Social Entrepreneurship 2017-2018, Hyderabad.