spero e-bike: india’s first crowd-funded bike going for second round of funding - 3.7 volt lithium ion battery

Chennai: this is the first batch of people in India's history. funded bike.
After the first round of crowdfunding, Spero E-Bike is back. Coimbatore-
Manikandan, based on the technical bureaucracy of jute machinery, launched SperoE-
Cycling on the crowdfunding platform Fueladream a few months ago.
And got an amazing response.
The first event exceeded the target and raised Rs 38 crore with 100 bookings from all over the country.
S Manikandan, 38-year-
The old MBA, who has been working on this project for more than three years, is launching his second crowdfunding campaign at Fueladream-Bengaluru --
Based on the crowdfunding platform, this unique idea and innovation is planned and demonstrated.
In addition to contributing to this project, funders can even choose to book the spero e-
Ride a bike through Fueladream. com.
CMO Ram Prasad of FuelADream said: "We are pleased to work with Milltex of S Manikandan to accomplish something that looks almost impossible in the first place.
At the launch of our own platform, trying to launch the highest-ever price crowdfunding product in India was almost in that region.
But it is clear that people are interested in taking the risks of education and rewarding innovation.
The reaction to this product surprised us!
Given the awareness and credibility established from the first event, we expect more demand.
The second round of crowdfunding is meaningful. it is planned to produce 2nd rounds.
MD Manikandan, an engineer at Milltex, said: "From our first campaign, the response was very remarkable.
Many even took out Rs 100 as a token amount because they were so excited about the idea.
The best feedback came from an old farmer who called me and said his son gave it to him.
He said his son would never buy it unless he liked it.
My accumulated experience in the factory for many years gave us the knowledge and expertise in handling machinery and purchasing materials that are best suited to this electronic productbike.
We are very happy to build a highquality e-
Bicycle, this is to find such an acceptance through the crowdfunding model.
The 2nd round of crowdfunding will benefit those who have gained confidence in the success of the first crowdfunding.
"Spero is made from a mix of locally sourced materials and key imported components (
Batteries from Samsung, partners from Korea with cars and tires)
The company said in a statement.
There are three models of this bicycle-electric bicycle
30. the single charge range is 30 km, which is only available in men's models; the E-
60 models with a single charge range of 60 km, general models for men and women and E-
100, the single charge range is 100 km, only available in men's models.
"While this is a unique product, attention has been paid to ensuring that spare parts are readily available and that additional features and accessories for regular bicycles can be used," the statement said.
"Keeping the basic frame of the bike similar to the standard cycle helps this.
As a result, one can easily replace the tires, using regular bike locks, bike racks, back splash protection options, etc.
EBikeis has trendy and exciting colors.
The use of Spello "48-volt Lithium -Ion battery. The pre-
The order price of the three models on Fueladream will range from RS 29,900 to RS 50,900, which is 40% lower than the market price.
The bike was produced by MILLTEX, which began its humble presence in the 1970 s, operating textile machinery spare parts and refurbished kits.
From its establishment to 1990, the group has renovated more than 7000 carding machines and established a private limited company, Milltex engineer (P)Ltd.
Current management team (S.
Manikandan, Supriya Paul & Mothilal)
Leading position in e-commercemobility.
In early 2015, a team of motivated young people was assigned the first of many products/solutions in the design plan.