This e-bike Maker is Tork of the Town

Co bags funds from Ola founders and other an­gels

The Economic Times - - Disruption: - J.Vig­nesh@ times­group.com

Ben­galuru: Tork Mo­tor­cy­cles, which is build­ing an elec­tric mo­tor­cy­cle, has raised an­gel fund­ing from a host of in­vestors in­clud­ing Ola founders Bhav­ish Agar­wal and Ankit Bhati and a group of an­gels led by CoCubes CEO Harpreet Grover. Tork was founded by Kapil Shelke, a me­chan­i­cal en­gi­neer with a pas­sion for rac­ing.

Shelke has built five mo­tor­cy­cle pro­to­types at Tork. “We are build­ing In­dia’s first elec­tric mo­tor­cy­cle and are tar­get­ing its launch this year. The mo­tor­cy­cle will solve the rider’s pain points with sev­eral value-added fea­tures like GPS, stor­age, cloud con­nec­tiv­ity and phone charg­ing, mak­ing it also a first smart mo­tor­cy­cle in In­dia,” said Shelke. The startup is in the clos­ing stages of pro­to­typ­ing and cer­ti­fi­ca­tion pro­ce­dures. The mo­tor­cy­cle, named T6X, is ex­pected to be ready by Au­gust. The 20-mem­ber team is plan­ning to set up a man­u­fac­tur­ing unit in Pune and will also be set­ting up charg­ing units in four lo­ca­tions — Pune, Ben­galuru, Gu­ru­gram or Delhi and Chen­nai — to start with. It will build ‘Ex­pe­ri­ence Tork’ show­rooms for cus­tomers to have a feel of the mo­tor­cy­cle. The price of T6X is still un­de­cided.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.