Tork Motorcycles bags funds from Ola founders and other angels


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 Co-Cubes CEO Harpreet Grover. Tork was founded by Kapil Shelke, a mechanical engineer with a passion for racing. Shelke has built five motorcycle […]


motorcycleTork 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 Co-Cubes 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.

Source: The Economic Times

Image Courtesy: pininterest.com

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