Founded by Kashmiri Entrepreneurs Sheikh Yameen and Zubair Bhat, Curve Electric is a novel e-bike sharing company. With an eye toward environmental sustainability, the company wants to offer hassle-free, green commuting options. The service is handier for consumers since their e-bikes are made to resist strong weather and do not call for app downloads or security deposits. Curve Electric has completed over 55,000 rides as of January 2025, therefore saving 145 metric tons of carbon emissions. Curve Electric intends to bring their e-bike services to 1,400 Indian college campuses and grow to additional mountain communities including Shimla and Mussoorie.
Company Name: Curve Electric
Founder: Zubair Ahmed Bhat & Sheikh Yameen
Product: Public E-bike Sharing System
Highlights
1. Using electric bikes offers a green substitute for your transportation.
2. The bikes are made to withstand strong weather, hence they fit for many surroundings.
3. The solution is simple and easily available since users do not have to pay a security deposit or download an app.
4. With over 55,000 finished rides, the company has saved 145 metric tons of carbon emissions as of January 2025.
5. Plans call for introducing their service to 1,400 college campuses around India and for growing to additional mountain towns like Shimla and Mussoorie.
6. Appeared on Season 4 of Shark Tank India, seeking ₹50 lakh for a 5% share, yet they did not attract any investment.
Pitch Details
Ask: ₹50 lakhs for 5% equity (Valuation: ₹10 crores).
Deal: After negotiations, deal couldn’t happen
Investors: No deal
Conclusion:
In conclusion, Curve Electric presents a compelling pitch with a focus on providing eco-friendly and convenient urban transportation through their innovative e-bike sharing service. The founders have demonstrated their commitment to sustainability, achieving impressive milestones such as saving 145 metric tonnes of carbon emissions and completing over 55,000 rides.
Their user-centric approach, which eliminates the need for app downloads or security deposits, further enhances the appeal of the service. While they did not secure investment on Shark Tank India, their plans to expand to mountain towns and college campuses across India highlight significant growth potential. With a strong business model and a clear vision for the future, Curve Electric is well-positioned to play a leading role in the green mobility sector.
Key Takeaways from the Episode
Sustainability and Originality:
The presentation highlighted companies striving to change their particular sectors. Go Zero concentrated on sugar-free, healthful ice creams, while Curve Electric aimed to encourage environmentally friendly travel via e-bikes.
Aiming for niche markets:
As more individuals started working from home, Nooe capitalized on the expanding market for chic and useful home office furnishings.
Products with a customer focus:
Go Zero underlined how their ice cream brand is becoming more and more popular due to growing customer curiosity in guilt-free and health-conscious luxury choices.
Scales:
Go Zero and Curve Electric both stressed their fast scaling capability. Planning to grow even further, Go Zero opened more than one hundred stores from a single store and Curve Electric started e-bike rentals in several sites.
Choosing investments:
The show’s entrepreneurs showed great business plans and obvious development potential, which drew several proposals from the Sharks. Especially Nooe established a new investment benchmark with a sizable equity offer and funding request.
Various Corporate Models:
Showing the wide range of concepts being offered on the show, the episode included consumer products, electric mobility, and lifestyle as among the several company models.
