RidEV on Shark Tank India: Transforming Last-Mile Logistics with EV

RidEV appeared in Shark Tank India Season-5  in Episode 9. Hyderabad-based RidEV is a cleantech logistics startup focused on electrifying last-mile delivery operations for e-commerce and quick commerce companies. Founded in 2024 by Manish Kumar Jain, the Bengaluru-based company operates by purchasing electric two-wheelers and leasing them to HR and delivery workforce partners, enabling businesses and gig workers to switch to eco-friendly, cost-efficient electric vehicles (EVs).

Japam Valuation, Funding, and Company Profile

Conclusion- RidEV On Shark Tank India S5

After asking for ₹6 crore for 3% equity, sharks Kunal made a counter-offer of ₹1 crore for 3% equity + 5 crore at 14.5% Interest Manish accepted the offer and secured the deal.

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