MyByk Shark Tank India Review

Introducing “MyByk” – Your Ultimate Rental Bicycles Solution

MyByk Shark Tank India is a premier rental bicycle service that caters to individuals seeking convenient and eco-friendly transportation options. With a wide range of bicycles available for rent, MyByk offers a seamless and affordable solution for all your commuting and recreational needs.

Capture your attention with MyByk Shark Tank India, the go-to destination for hassle-free rental bicycles. Say goodbye to traffic congestion, parking woes, and expensive fuel costs. MyByk provides a refreshing alternative that not only benefits you but also contributes to a cleaner and greener environment.

Ignite your interest with the wide selection of bicycles offered by MyByk Shark Tank India. From comfortable city cruisers to sleek mountain bikes, there’s a perfect ride for every occasion. Whether you’re exploring the city, commuting to work, or embarking on a thrilling adventure, MyByk has got you covered.

Fuel your desire for convenience and affordability by choosing MyByk Shark Tank India as your rental bicycle provider. With flexible rental plans and competitive pricing, MyByk ensures that you have access to a bicycle whenever you need it. Say goodbye to the hassles of owning and maintaining a bicycle, and embrace the freedom and simplicity of renting from MyByk.

Take action now and experience the ease of renting a bicycle from MyByk. With a user-friendly app, you can quickly locate nearby MyByk stations, check bicycle availability, and rent a bicycle with just a few taps on your smartphone. The app also provides real-time information on bicycle pick-up and drop-off points, making your rental experience smooth and convenient.

MyByk is your ultimate solution for renting bicycles. Embrace the freedom of cycling, reduce your carbon footprint, and enjoy a convenient and cost-effective mode of transportation. Download the MyByk app today and embark on your cycling journey with ease. MyByk – your partner in pedal-powered adventures.

Entrepreneur Name – Arijit Soni

About the Entrepreneur – Arjit Soni, the Founder, and CEO of MYBYK India is a Chartered Accountant by profession and an environmentalist at heart. He is dedicated to resolving urban transportation problems using bicycles and public transportation.

LinkedIn Profile- https://www.linkedin.com/in/arjitsoni/

Brand NameMyByk
Brand Website-https://mybyk.in/
Business CategoryBicycles
Company Valuation₹200 Crore
Equity Asked₹2 cr for 1% Equity
Deal ClosedNo
Target City/Country-India
Total Addressable Market-US$4.16bn in 2023
Product/ServicesBicycles on Rent

About the Product – MYBYK is an Indian public bicycle-sharing service that strives to encourage cycling by providing a seamless and hassle-free ownership experience.

Additionally, MYBYK aims to solve the problem of first and last-mile connectivity associated with public transportation, making it more accessible, economical, and time-efficient.

Originally launched in Ahmedabad, MYBYK has now expanded to five more Indian cities, including Mumbai, Indore, Kochi, Nagpur, and Udaipur.

The company plans to introduce e-bike rentals in Ahmedabad initially and expand its services to other cities over time.

Conclusion – 

Arijit Soni asked ₹2 cr for 1% Equity. None of the sharks were interested in the deal. It concluded in No Deal.

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