Curve Electric on Shark Tank India Season 4: Pioneering EV Sharing in Kashmir

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In a engaging episode of Shark Tank India Season 4, Srinagar-based startup Curve Electric showcased their innovative EV sharing platform. Founded by Zubair Ahmed Bhat and Sheikh Yameen, the company aims to revolutionize urban transportation in Jammu & Kashmir through eco-friendly and affordable mobility solutions.

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Company Overview

Curve Electric, established in 2023 in Srinagar, is tackling multiple urban challenges simultaneously – from traffic congestion to air pollution – while promoting sustainable transportation options in J&K. Their platform focuses on making electric vehicles accessible to urban commuters through a sharing model.

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The Pitch

The founders entered Shark Tank India Season 4 seeking:

  • Investment Amount: ₹50 lakh
  • Equity Offered: 5%
  • Initial Valuation: ₹10 Crore

Key Company Details

Company NameCurve Electric
FoundersZubair Ahmed Bhat and Sheikh Yameen
LocationSrinagar, Jammu & Kashmir
Founded2023
IndustryEV Sharing & Recreational Facilities
Profitability StatusUndisclosed
Investment StatusNo Deal

The Sharks’ Panel

The pitch was evaluated by five prominent sharks:

Unique Value Proposition

  • First-of-its-kind EV sharing platform in J&K
  • Environment-friendly transportation solution
  • Affordable urban mobility
  • Reduces traffic congestion
  • Promotes healthier lifestyle
  • Contributes to air pollution reduction

Business Model Highlights

  • Public EV sharing platform
  • Focus on urban commuters
  • Sustainable transportation
  • Community-centric approach
  • Regional market focus

Challenges and Opportunities

Despite not securing investment, Curve Electric demonstrates:

  • Strong market potential in an untapped region
  • Innovative approach to urban mobility
  • Clear environmental impact
  • Potential for regional expansion
  • First-mover advantage in J&K

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Future Prospects

Although they didn’t secure a deal, Curve Electric gained:

  • Valuable feedback from experienced entrepreneurs
  • National visibility
  • Mentorship opportunities
  • Industry insights
  • Platform for future growth

Conclusion

While Curve Electric didn’t secure investment on Shark Tank India Season 4, their appearance highlighted the growing potential of sustainable transportation solutions in tier-2 cities and regional markets. Their innovative approach to combining environmental consciousness with practical urban mobility solutions represents a significant step forward in India’s EV sharing ecosystem, particularly in regions like Jammu & Kashmir.

FAQs

Who are the founders of Curve Electric?

Zubair Ahmed Bhat and Sheikh Yameen are the founders of Curve Electric.

Where is the headquarters of Curve Electric?

Srinagar, Jammu & Kashmir.

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