Press Release

Revamp Moto Wins Big at Seed Startup Pitch in AIM Congress 2024, Abu Dhabi

The Indian firm was one of 15 startups at the global event and received $15,000 in financial assistance

Revamp Moto, a prominent modular electric two-wheeler manufacturer in India, is delighted to announce that it has been crowned as the first-prize winner at the Seed Startup Pitch in AIM Congress 2024, in Abu Dhabi, United Arab Emirates (UAE). The India-based firm was one of 15 prominent startups that participated at the AIM 2024, with delegations from CII, Invest India, DPIIT, the Maharashtra State Innovation Society, Kerala Startup Mission, and Andhra Pradesh Medtech Zone also present at the three-day event. 

The AIM Congress 2024 brought together industry leaders, policymakers, and innovators from around the world between May 6-9. The Congress aimed to facilitate strategic discussions on sustainable investment strategies, economic predictions, and upcoming investment avenues – focused on establishing meaningful partnerships and conceptualising original ideas to cater to existing critical obstacles to entrepreneurs.

Mr. Jayesh Tope, Co-founder of Revamp Moto, described the experience emphatically, by saying, “The recognition in front of global visionaries at the AIM Congress 2024 is a significant milestone in the journey of Revamp Moto. It is a testament of the innovation that drives us in the path of excellence. Our constant hard work is pushing boundaries every day, and this recognition will help us to propel our innovation further to create a greener future in the world. The valuable insights discussed here over international market expansion is something we need to contemplate and I am sure these will be the first of the many steps we take to establish Revamp Moto’s reliability on the map”

The high-profile event was supported by the Ministry of Industry and Advanced Technology, UAE and the Abu Dhabi Department of Economic Development. Ministers, international policymakers and government representatives from Bosnia and Herzegovina, the Democratic Republic of Congo, Honduras, Indonesia, Morocco, Uganda, Tajikistan, Russia, Canada, Oman, Malaysia, the European Union (EU) and the United Nations (UN) were also present at the event. Panel discussions and keynote speeches on sophisticated trends and challenges facing the global startup domain were also delivered at the AIM Congress 2024.

The invaluable sharing of knowledge and insights at the AIM Congress will allow it to operate and scale more efficiently in the two-wheeler EV domain in India. The firm recently expanded its operations to cater to Indian cultivators in agriculture and is presently in the process of phase 1 expansion to enhance customer experience in western India. Its cutting-edge two-wheeler models, the RM Mitra and RM Buddie 25, have received enthusiastic responses, and the recognition at the AIM Congress will help it serve its consumers more efficiently.

About Revamp Moto:

Revamp Moto, headquartered in Nashik, Maharashtra, is an EV startup founded in January 2021 by visionary entrepreneurs Pritesh Mahajan, Jayesh Tope, and Pushkaraj Salunke. Committed to empowering lives and accelerating the transition to a zero-emission society, Revamp Moto develops reliable, adaptable, and connected Electric Vehicles based on its Modular Utility Platforms. The company has received funding and support from notable investors, including Aman Gupta, Anupam Mittal, Peyush Bansal, and Ashneer Grover, further fueling its mission to create sustainable mobility solutions.