Life-Changing Products on Shark Tank: NeoMotion WheelChair Bikes

Neomotion is an innovative company that manufactures wheelchairs that can also transform into a bike.

Image Source: NeoMotion

Ashish Sharma, Swostik Dash, & Siddharth Daga are the founders of NeoMotion. All three met at IIT Madras.

NeoMotion wheelchairs can run 25 kilometers per charge.

Image Source: NeoMotion

For the pitching to Sharks, NeoMotion also bring a user of their wheelchair named Shivaji Balaji Pawar on the Shark Tank set.

Image Source: Twitter

Shivaji Balaji Pawar is using the NeoMotion wheelchair for 5 months and working as a Zomato delivery boy and earning good enough.

Image Source: Twitter

The NeoMotion founders asked for 1 Crore in the exchange for 1% equity in the company.

Image Source: Twitter

Namita & Anupam gave them an offer - 50 lakhs for 4% and 50 lakhs on debt.

Peyush Bansal also offered them 1 Crore for 5% equity.

But the founders of NeoMotion did not want to change their offer so there was a little chaos.

But finally, Peyush matches their offer but on one condition the NeoMotion will share 5% profit of the company with Peyush till he gets back 1 Cr.

Let's be friends on Instagram. Swipe-up to Follow Us.

[{"selector":"#anim-1a46684d-3593-4f12-8ea3-2b2781a82845 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.934487823982526%, 0, 0) translate(0%, 0%) scale(1)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Swipe Up

Sania Mirza's Career Ends in Disappointment at Australian Open 2023

[{"selector":"#anim-24c3c78f-c776-44ac-a96d-43120e58453a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(0%, 0%) scale(1)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Watch More