Back to Deals
RIDEV
DealE-scooter leasing renting company
Season 5, Episode 10“Driven By Innovation”16-Jan-26Hyderabad, TelanganaVehicles/Electrical Vehicles
Pitcher Details
Business Metrics
Monthly Sales
₹82L
The Ask
₹600L
for 3% equity
Implied valuation: ₹20,000L
The Deal
₹100L
for 3% equity + ₹500L debt
Deal valuation: ₹3,333.333L
-83.3% vs ask amount
Shark Investment (1 shark)
Investment
₹100L
Equity
3%
Debt
₹500L
Additional Details
Pitch #
660
Season
5-Jan-26 –
Sharks in Deal
1
Deal Conditions
No
Debt Interest
14.5%
Bootstrapped
No
Has Patents
No
