Dhruv Vidyut focuses on electrifying bicycles in India with their product, the Dhruv Vidyut Electric Conversion Kit (DVECK)

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DVECK offers a range of 40 km, a speed of 25 kph, and can carry a payload of 170 kg, making it suitable for daily commutes

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Gursaurabh sought an investment of 100 hours for 0.5% equity to help bring his invention to every household in India

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The DVECK can be fitted to retro bicycles in just 20 minutes and features pedal charging and mobile connectivity for GPS tracking

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Gursaurabh has invested ₹68 lakhs so far, and the base model costs ₹9,000 to manufacture, with plans to reduce costs with shark support

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After the Shark Tank pitch, the deal did not finalize, but Gursaurabh started taking pre-orders for DVECK on Instagram in August 2023

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The retail price discussed for DVECK was around ₹15,000, allowing for a potential profit margin on its manufacturing cost

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