GearHead funding, investors and company details

GearHead is an emerging Automobile startup from Hyderabad, working in the space of Electric mobility startup focused on designing affordable electric bicycles and tricycles, aiming to make eco-friendly commuting accessible to India’s Tier-2 and Tier-3 cities.. Founded by Nikhil Gunda, Meher Sai.

Company: GHM Works Private Limited
Sector: Automobile
Location: Hyderabad
Founders: Nikhil Gunda, Meher Sai
Total funding raised: ₹6 Cr

Company overview

Gear Head Motors was founded to reduce carbon emissions and advance sustainable mobility through electric two- and three-wheeler solutions. Its products are engineered to be affordable, performance-driven, and practical for both everyday commuting and longer-distance travel, offering a compelling alternative to traditional fuel-powered vehicles. The startup gained nationwide visibility following its appearance on Shark Tank India Season 2, where it presented its range of electric bicycles and tricycles. The pitch emphasized affordability, product innovation, and scalability, attracting significant investor interest and funding support. Gear Head Motors distinguishes itself through competitive pricing, positioning its offerings well below comparable products from established players. For instance, its Model L electric bicycle is priced at ₹24,749, delivering superior range, higher speeds, and faster charging times at a lower cost than many competing models. Driven by a mission to support India’s journey toward energy independence, the company focuses on accelerating the adoption of locally designed electric vehicles. Its go-to-market strategy prioritizes expansion into Tier II and Tier III cities, where affordability, reliability, and practical mobility solutions are in high demand.

Funding rounds

Latest round (Pre-Seed): ₹6.00 Cr. ($ 0.73 Mn), 2022-12-28. Investors: Hemin Shah, Sudhakar Moparthi