Gursaurabh Singh is a Haryana native. He was born in Haryana. He has experience working in the manufacturing industry. His specialty is dyeing and mould making. He has been working in the aluminium sheet manufacturing industry for 16 years. He does not have a technical degree, but he has worked hard for this electrical invention because he has a strong interest in the motor industry.
Following this invention, Aman, Anupam, and Peyush commented on his LinkedIn post. Gursaurabh apologised for not responding to them because, following his invention, many messages flooded his social media handles, and in order to stay on track, he took a break from social media and focused on his invention.
ABOUT THE COMPANY DHRUV VIDYUT
Cycles have been used as a mode of communication since ancient times. Cycles were used for milk delivery after the milk revolution, and they were a constant companion for soldiers during World War II. However, as technology has advanced, the cycle has become backdated. DVECK was created in order to convert standard bicycles into automatic bicycles (Dhruv Vidyut Electric Conversion Kit). This kit is simple to use and can be installed on any retro bicycle in just 20 minutes thanks to the bolt features. The device is WiFi enabled, and it can track location, speed, and distance. The product’s unique selling point is that it can be charged by pedalling. 20 minutes of pedalling can charge the battery up to 50%. The machine is dust, fire, and water resistant.
It is made of aircraft-grade aluminium metal, so anything that happens inside the kit will not harm the rider. The kit’s manufacturing cost is 9000 rupees. This motor is 45% more efficient than any other motor on the market. The top speed is 25 km/hr, and the range is 40 km on a full charge.
SHARK TANK
100 hours of work in exchange for 0.5% of the company’s equity.
The product is still in prototype form. He plans to launch in April because he needs to check the kilometre in rural areas.
Anupam offers 100 hours for 0.5% equity in exchange for Dhruv Electric raising 1 crore rupees. Peyush stated that he will provide a 1.5 lakh square feet area in his Bewari factory for Dhruv Electric to work with several teams, and that after 1 or 1.5 years, when the product is ready for market launch, he and Aman will be the first investors in this company.
Aman, Peyush, and Anupam agreed to a 100-hour deal in exchange for 0.5% equity in the company under the following conditions:
1. Dhruv Electric plans to raise one crore rupees.
2. Dhruv electric will work with several teams in the Lenskart Bewari factory, and when the product is ready for market launch after 1 or 1.5 years, Peysuh and Aman will be the first investors in this company.
