eBikeGo raises USD 300,000 Funding Led by Startup Buddy

eBikeGo, an electric two-wheeler rental startup has raised $300,000 round led by Startup Buddy. The round also saw participation from other investors like Singer Sukhbir Singh, Rajesh Sawhney (Co-Founder of Innerchef), Rohit Chanana (Founder, Sarcha Advisory), Siddartha Ahluwalia (Founder of 100x Entrepreneur), Boudhik Ventures, Milind Garud, Arun Gholap, Shantanu Vinekar and other senior corporate executives. The company was founded by Irfan Khan in 2017.

Amritsar based eBikeGo is now expanding to four other cities Mumbai, Bangalore, Hyderabad and Pune with the increasing demand and also increasing their fleet in cities they are already in. They are also working to expand the service network in different parts of the city to provide a solution for the customers and business partners using the two-wheelers. eBikeGo also hopes to expand its network to include Chennai, Kochi and Kolkata in the near future.

“eBikeGo has contracts signed with multiple companies and has letters of interest from many others to provide fleet. Thus eBikeGo plans to go to pre-series fundraising round very soon to meet the rapidly growing demand,” said Irfan Khan, founder of eBikeGo.

eBikeGo is working with different delivery companies to convert their fleet into electric and has successfully provided fleet solution to companies like Zomato, Delhivery, Ferns & Petals, Gostops etc.

What's your take on this post ? Comment: