Bussiness Ideas

The innovation lies in combining the functionality of an electric bicycle with the design appeal and comfort of a motorcycle-style vehicle. VM-PEDAL integrates a 250W electric drive system, long-range battery technology, dual suspension, and a robust frame architecture while remaining within a price range that is accessible to students, urban commuters, and delivery partners. This approach addresses a major gap in the market between conventional bicycles and expensive electric scooters. Our development process follows a customer-centric model, where product design decisions are guided by real-world feedback, market validation, and continuous iteration. By engaging potential users early in the development cycle, we ensure that the final product aligns with customer expectations regarding affordability, range, comfort, and usability. The model also emphasizes local manufacturing, vendor collaboration, and modular product architecture, enabling future upgrades and product variations without significant redesign costs. This helps create a sustainable and scalable business while supporting the Make in India initiative. Ultimately, our innovation model focuses on delivering maximum value through practical engineering, affordability, and user-focused design rather than relying solely on expensive technologies. This enables us to create a mobility solution that can achieve both commercial success and positive social impact by making clean transportation more accessible to a wider population.

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Entity Type
Private Limited Company
Sectors
Logistics Services
Startup Stage
Prototype

Startup Teams

  • 1 Vaibhav Sharma (Founder)
  • 2 Deepika Sharma (Founder)

Incubation Details

  • Incubator Name
    MUIT Incubation & Innovation Foundation
  • Incubator Host Institution
    Maharishi University of Information Technology
  • State
    Uttar Pradesh
  • City
    Lucknow

Approved Incentive

Not Available

Year of Establishment2020

Location

State
Uttar Pradesh
Disctrict
Ghaziabad
Pincode
201002