startup funding

Singer Sukhbir Singh Investing in Electric Vehicle Startup eBikeGo

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Startup Buddy who was appointed as advisor to Singer Sukhbir Singh for his investments in Startups has announced that Sukhbir Singh has selected eBikeGo for his second investment in India, after investing in LQI as his first angel investment in India.

Amritsar based electric mobility startup, eBikeGo is in the process of raising funds and it will deploy these funds to expand its operations to other cities in India as well as for increasing their fleet in Delhi.

eBikeGo is India’s first ever electric two wheeler rental platform that provides economical and environmentally friendly travelling option for everyone. Founded in the year 2017 by Dr. Irfan Khan, they first started their operations in Amritsar with Okinawa scooters and then expanded to Delhi, Jaipur and Ludhiana. eBikeGo is bootstrap startup and has raised their initial investment from friends and family.

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

“eBikeGo is solving the major problem of pollution that India is facing right now by converting the fleet of fuel two wheelers which is the major reason for pollution in major cities to electric and it is an economical solution to major delivery companies and executives” said Sukhbir.

“I feel that good number of angel investors are required to grow the Indian Startup Ecosystem at the right pace and we are working in that direction” said Amit Singal, co-founder of Startup Buddy.

Last November, eBikeGo announced its launch claiming as India’s first ever platform offering electronic mode of transportation which runs for around 200 kms after an electronic charge for about 2 hrs and makes the daily movement zippy with a speed of 75 km/ hr.

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The startup targets to have their services in 30 cities (100 clusters) within the next one year. The start-up aims to reduce 2-3% of the pollution through this unique eco-friendly electric mobility solution.

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