Booz Scooters

From Startupidia

Booz Scooters
Company typePrivate
IndustryElectric Mobility, Urban Transportation
Founded2017; 8 years ago (2017)
FounderRutvij Dasadia, Ketan Dasadia
HeadquartersAhmedabad, Gujarat, India
Key people
Rutvij Dasadia (Founder & CEO)
ProductsElectric kick scooters, App-based rental services
ServicesScooter rentals, Charging infrastructure
Revenue₹40 lakh (2021)
Number of employees
Not publicly disclosed
Websitewww.boozmobility.com

Booz Scooters is an Indian electric vehicle startup founded in 2017 by Rutvij Dasadia and Ketan Dasadia in Ahmedabad, Gujarat. The company operates an app-based electric kick scooter rental service, focusing on sustainable urban mobility. Booz Scooters targets enclosed spaces such as business parks, educational campuses, and tourist spots, offering eco-friendly transportation solutions. The company gained prominence after appearing on Shark Tank India in December 2021, where it secured funding but faced challenges in concluding the deal. As of 2025, Booz Scooters continues to expand its footprint in Ahmedabad and other regions, emphasizing affordability and environmental sustainability.[1][2]

Founders & Leadership

  • Rutvij Dasadia (Founder & CEO): An automotive engineer, Rutvij graduated from Gujarat Technological University in 2015. He has worked with companies like Menza Motors Pvt. Ltd., Volvo Cars, and Next Feature Transportation. Dasadia studied Machine Learning fundamentals at the University of London and attended the University of Virginia Darden School of Business in 2020, where he designed Agile Meets. He is a member of SAEINDIA and received recognition in the Top 500 CEOs Awards. Rutvij conceptualized Booz Scooters to address short-distance commuting challenges with a sustainable model.[3][4]
  • Ketan Dasadia (Co-Founder): Ketan is a co-founder of Booz Scooters, contributing to its early development and operational strategy. Limited public information is available about his background.[5]

Timeline

Year Milestone
2017 Booz Scooters founded by Rutvij Dasadia and Ketan Dasadia in Ahmedabad, India.[5]
2019 Ranked among the top 3000 startups in IIM Calcutta's 'Smart 50' and top 100 startups at Startup Turkey.[3]
2020 Deployed 20 electric scooters across Ahmedabad and Gandhinagar for rental services.[1]
2021 Appeared on Shark Tank India Season 1, Episode 1, pitching for ₹40 lakh for 15% equity.[2]
2022 Secured ₹40 lakh for 50% equity from Vineeta Singh and Ashneer Grover on Shark Tank India, though the deal was not finalized.[2]
2024 Expanded operations to include locations like Statue of Unity and Kankaria Lake, Ahmedabad.[2]
2025 Reported handling 2,500 rides in two days from a single operational spot, marking significant operational growth.[2]

Funding

Date Round Amount Investors
28 December 2021 Angel ₹48.3 lakh Vineeta Singh, Ashneer Grover[5][6]

Business Model

Booz Scooters operates a business-to-consumer (B2C) model, providing app-based electric kick scooter rentals for short-distance travel in enclosed spaces like business parks, universities, tech parks, townships, and tourist spots. Customers can access scooters through a mobile application on a pay-per-ride or monthly subscription basis. The company also offers a retail plan for direct scooter sales to customers with stores or mini-outlets. Booz Scooters provides on-site charging and docking infrastructure, helmets, and rider insurance to ensure safety and convenience. The model emphasizes affordability, eco-friendliness, and reducing inner-city pollution by replacing fuel-based vehicles.[1][7]

Products / Services

  • Electric Kick Scooters: Lightweight, eco-friendly scooters designed for short-distance urban mobility, available for rent via a mobile app.[1]
  • App-Based Rental Service: A mobile application that allows users to locate, book, and track scooters in real-time, available on a pay-per-ride or subscription basis.[6]
  • Charging Infrastructure: On-site charging stations and plug-in/plug-out points provided under subscription plans.[7]
  • Franchise Model: Offers franchise opportunities for investors to operate rental services or retail scooters in preferred locations like Maharashtra, Delhi, and Karnataka.[7]

Growth & Metrics

As of 2025, Booz Scooters has a reported net worth of ₹2.8 crore.[8] In 2021, the company reported total sales of ₹40 lakh despite challenges like COVID-19.[2] By 2025, it achieved a milestone of handling 2,500 rides in two days from a single location, indicating strong operational growth.[2] The company has expanded to high-traffic locations like the Statue of Unity and Kankaria Lake in Ahmedabad.[2] Specific data on user base, team size, and revenue beyond 2021 is not publicly disclosed.

Legal Entity Information

Field Details
Legal Name Hello Skate Mobility Pvt. Ltd.[9]
Foundation Date 2024
Registrar of Companies (ROC) ROC Ahmedabad
Corporate Identification Number (CIN) U52290GJ2024PTC155975
Registered Address PL. NO-2129, ANGI ARCED SH. G/7, ATABHAI ROAD Bhavnagar Bhavnagar Gujarat India 364001
Email get.high@boozmobility.com
Company Status Active
Directors Rutvij Dasadia, Ketan Dasadia
Authorised Capital (₹) 18,75,000
Paid up Capital (₹) 18,75,000

Media & Public Recognition

  • Shark Tank India (2021): Featured in Season 1, Episode 1, gaining significant visibility despite the funding deal not being finalized.[2]
  • Awards and Rankings: Ranked among the top 3000 startups in IIM Calcutta's 'Smart 50' and top 100 startups at Startup Turkey in 2019. Also listed in India 5000’s top 500 startups.[3]
  • Top 500 CEOs Award: Founder Rutvij Dasadia was recognized for his leadership.[3]
  • Media Coverage: Covered by YourStory, Tracxn, PitchBook, and WEXT India Ventures for its innovative approach to urban mobility.[1][5][6][10]

FAQs

What is Booz Scooters?
Booz Scooters is an Indian startup offering app-based electric kick scooter rentals for short-distance travel in enclosed spaces like business parks and tourist spots.[1]
Who founded Booz Scooters?
The company was founded by Rutvij Dasadia and Ketan Dasadia in 2017 in Ahmedabad, Gujarat.[5]
What is the business model of Booz Scooters?
Booz Scooters operates on a B2C model, providing rentals through a mobile app on a pay-per-ride or subscription basis, alongside a retail plan for direct sales.[7]
Has Booz Scooters raised funding?
Yes, the company raised ₹48.3 lakh in an angel round in 2021 and received seed funding from Gujarat University Startup and Entrepreneurship Council.

External Links

Related Startups

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Booz Company Profile Funding & Investors". YourStory. Retrieved 25 May 2025.
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 "How is BOOZ Scooter doing After Shark Tank India?". Shark Tank India Club. Retrieved 25 May 2025.
  3. 3.0 3.1 3.2 3.3 "Spark Your Adventure: Booz Mobility Transforms Scooter Experiences". Karo Startup. Retrieved 25 May 2025.
  4. "Booz Shark Tank India Update (Season 1)". Shark Tank Talks. Retrieved 25 May 2025.
  5. 5.0 5.1 5.2 5.3 5.4 "Booz Mobility - 2025 Company Profile & Funding". Tracxn. Retrieved 25 May 2025.
  6. 6.0 6.1 6.2 "Booz Scooters has raised Rs 40 lakhs from Shark Tank India". WEXT India Ventures. Retrieved 25 May 2025.
  7. 7.0 7.1 7.2 7.3 "Booz Electric Scooters - Electrical Vehicle Franchise Opportunity". SMERGERS. Retrieved 25 May 2025.
  8. "From Campus Commutes to ₹2.6 Crore - The Booz Scooters Net Worth Story After Shark Tank India". Geeks Around Globe. Retrieved 25 May 2025.
  9. "About - Booz Mobility". Booz Mobility. Retrieved 25 May 2025.
  10. "BOOZ: get high with an electric scooter!". Start-Up Hyderabad. Retrieved 25 May 2025.