On Shark Tank India S5, Hyderabad-based EV company Ridev secured a significant financing agreement with the goal of expanding their electric two-wheeler ecosystem throughout India.

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Meet Manish Jain. Hyderabad-based entrepreneurs aren't just selling scooters, they’re building an EV empire for India’s delivery heroes

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They provide a full-stack leasing model, giving gig workers access to top-tier EVs without the massive upfront price tag.

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They provide a full-stack leasing model, giving gig workers access to top-tier EVs without the massive upfront price tag.

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Ridev asked ₹6 Cr for 3% ownership on Shark Tank India in order to grow its fleet and infrastructure; this valuation shows faith in the EV leasing concept.

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Shark Kunal Bahl saw the "green" in their goldmine. He sealed the deal at ₹1 Crore for 3% equity + ₹5 Cr in debt, valuing the company at a cool ₹33.33 Crores!

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Backed by Shark power, Ridev is ready to double their fleet and electrify every street in India. The green mobility revolution has officially found its front-runner!

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