Build story · India · Shark Tank India Season 1
Booz Scooters Shark Tank India: deal, valuation & business model
An e-mobility rental service for large private spaces such as campuses, parks and industrial areas.
By Shivam Bhandari · Reviewed 31 October 2026 · How we write
by the numbers
- Deal
- ₹40 lakh for 50% equity
- Implied valuation (equity portion)
- about ₹80 lakh
- Season
- 1 (aired 20 December 2021 – 11 February 2022)
- Based in
- Ahmedabad
- What they sell
- Electric bike and scooter rentals for campuses and private spaces
What happened
Booz Scooters rents electric bikes and scooters for use inside large private spaces such as universities, parks and corporate or industrial campuses.
Focusing on controlled private spaces avoids many of the regulatory and vandalism problems that hurt public scooter-sharing companies. The deal involved giving away half the company — a heavy price for a small cheque.
On Shark Tank India Season 1, Booz Scooters closed a deal of ₹40 lakh for 50% equity. The equity portion implies a valuation of about ₹80 lakh for the business.
Timeline
- 2021–22
Pitched on Shark Tank India Season 1.
- Deal
₹40 lakh for 50% equity.
the lesson
Choosing a controlled environment can make a sharing model work where public versions struggled.
Apply it to your business
- 1Pick a market where you control the operating environment.
- 2Think carefully before giving away majority equity.
- 3Partner with institutions that host your service.
Laws at work in this story
Figures are rounded and drawn from public reports, company filings and widely cited coverage at the time. Check the company's latest filings before relying on any number.