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Tork Motorcycles Secure Funds From Ola Founders To Develop India’s First Electric Motorcycles

goodera, sagacito funding/infosys, mulesoft
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Electric automobiles are yet to take off in India. Globally too, its a handful of rather rich folks, who can actually afford Teslas. And even though the newer Model 3 will change those dynamics, its still a couple of years before that happens.

However, startups here in India, have been busy bringing out there own new disruptions in the electric vehicle segment, and disruptions which pretty much suit an Indian consumer’s needs and fits in his pocket. One such company is Tork Motorcycles — working towards bringing India’s first electric motorcycle on roads, as early as this year. And towards that goal, the company has raised angel funding from Ola founders Bhavish Agarwal and Ankit Bhati and a group of angels led by Co-Cubes CEO Harpreet Grover.

Pune-based Tork Motorcycles was founded in 2010 by a mechanical engineer named Kapil Shelke. Due to his passion for racing, Kapil has developed five prototypes of electric motorcycles so far.

The company believes in using race tracks as a laboratory test for their prototypes and have participated as well as won races at various events like the Isle of Man TT and Snetterton (UK). Its first prototype called TX 01 won third place podium at the Isle of Man in 2009. Tork also participated in 2010 TTX-GP Championship, 2012 Isle of Man-TTZERO, and 2014 Valley Run.

The company is now working to develop a model called T6X which will be launched in India this year. T6X is in last stages of prototyping and certification procedures and is expected to get ready for launch in August.

Talking about T6X, Shelke said,

The motorcycle will solve the rider’s pain points with several value-added features like GPS, storage, cloud connectivity and phone charging, making it also a first smart motorcycle in India.

Tork Motorcycles has a team of 20 persons at present. They are planning to open a manufacturing unit in Pune and also set up charging units in four locations initially- Pune, Delhi, Gurgaon, and Chennai.

The company also plans to open exclusive “Experience Tork” showrooms to allow customers to test Tork motorcycles and get a feel of first electric bikes.

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