On the Tank
Why started Motion Breeze?
Motion Breeze is the first adaptive smart electric motorcycle in the world.
Thanks to their adaptive, patented technology, we can change the body’s posture just by pressing a button. Currently, Breeze is in the prototype development stage.
The breeze has a top speed of 180 km/hr.
And touch 0 to 100 km/hr in just 6 seconds.
Get a range of 250 km in just one charge. Depending on the outlet, the charging time ranges from 1-3 hours.
With Breeze, you can get additional utility space, which helps in keeping the helmet, EV charging cable, and phone organized.
Also, They aim to launch their three variants next year, ranging from ₹1.5 lakhs to ₹3.5 lakhs.
Shark Tank Recap
- Electric motorcycle startup that aims to create a new adaptive segment.
Vision: Align nature and technology and make products like Motion Breeze.
- Ask: ₹30 lakhs in exchange for 3% equity, making the valuation stand at ₹10 crores.
- This market is evolving, and Motion Breeze must be ready to sell the components too.
- At last, Ashneer would invest ₹30 lakhs for 6% equity (valuation: ₹5 crore).
Shark Tank Live
Ask
₹30 lakhs in exchange for 3% equity, making the valuation stand at ₹10 crores. Further to be used for certification.
Earlier, it raised ₹35 lakhs by diluting 27% equity (valuation: ₹1.29 crores) and bringing a person on board who has the distribution of 2-wheeler services in pan India with 180 stores.
Demo Review of Motion breeze
They showed a demo of how the posture changes as the handle goes up and the footrest position changes.
They have created a new mode named “Street mode” in addition to the sports mode.
However, when Ashneer was driving the bike, everyone said that its noise was too loud.
Sales and Revenue
Breeze is currently in the prototype development stage, so there are no sales (January 2022).
Feedbacks from the sharks
- Namita- I believe in specialization, but in this case, you are performing four tasks in a single category.
- Aman- A very competitive market as big players have entered with a good amount of money.
- Anupam: In this price range, you are attempting to penetrate a high-end market.
- Peyush- This is early now. Just work more on the product.
Offer for Motion breeze
Ashneer: ₹30 lakhs for 6% equity (valuation: ₹5 crore)
Deal
Ashneer: ₹30 lakhs for 6% equity (valuation: ₹5 crore)
Motion Breeze Beyond Tank tank updates
Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.