EBikeGo

Founded in 2019 by Dr. Irfan Khan and Hari Kiran, EBikeGo operates in the electric mobility sector in India. The company, headquartered in Mumbai, began as a platform for electric two-wheeler rental services, targeting last-mile logistics and delivery companies. Its client portfolio has included prominent names such as Zomato, Swiggy, and BigBasket.

The founders' journey reflects a strategic pivot from service provision to manufacturing. Recognizing the challenges in after-sales service and spare parts availability from other original equipment manufacturers (OEMs), the company transitioned towards in-house vehicle development. This led to the formation of its subsidiary, Vajram Electric, which handles the manufacturing aspects from a facility in Pune. Dr. Irfan Khan's background, with a passion for environmentalism and experience in alternative medicine, guided the company's focus on sustainable transportation solutions. Co-founder Hari Kiran complements this vision, and together they have gathered extensive data to understand consumer needs within the Indian EV market.

EBikeGo's business model is multifaceted, initially focusing on B2B rentals and subscription plans. It has since expanded to include electric bike taxis, delivery services, and a franchise model launched to accelerate the adoption of electric vehicles. This franchise-owned, company-operated (FOCO) model allows partners to invest, while EBikeGo provides the platform, brand, and operational support. The company generates revenue through these rentals, subscriptions, franchise fees, and the sale of its manufactured vehicles. To enhance its technological capabilities, EBikeGo acquired Kustard Technologies to develop a proprietary Fleet Management System (FMS).

The company's product and service lineup is diverse. It offers a fleet of electric bikes and scooters for rent, which are fully insured and maintained. Through Vajram Electric, EBikeGo has acquired manufacturing and marketing rights for European designs like the MUVI e-scooter and the Velocipedo electric trike from Spanish firm Torrot, adapting them for the Indian market. They have also launched EBG Matics, a telematics technology that uses AI and machine learning to analyze rider and vehicle behavior for improved efficiency. Furthermore, EBikeGo is the official licensee for Acer to manufacture electric vehicles in India.

Keywords: electric mobility, EV rental, last-mile delivery, electric vehicle manufacturing, B2B logistics, fleet management system, electric bike subscription, EV franchise, sustainable transportation, urban mobility, electric two-wheelers, Vajram Electric, MUVI scooter, Velocipedo trike, EBG Matics, Acer Electric, Torrot, Indian EV market, electric taxi, on-demand mobility