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GearHead Motors funding: E-bike startup GearHead Motors raises Rs 6 crore in funding

D2C e-bike startup GearHead Motors on December 30 announced that it raised Rs 6 crores as part of its seed funding round led by Hemin Shah, Director of Collabera USA, and Sudhakar Moparthy, Director of Skillbanc USA. The fresh funds will be used to expand the startup’s operations pan India of high-quality electric bikes to accelerate growth in electric vehicles. The funding comes at a time when there is a rise in climate awareness while people are shifting towards health and fitness while choosing sustainable products.…