The First Crowdfunded Electric Bike in India coming alive FuelADream.com

Hi Everyone,

The SPERO E-bike is ready to revolutionize the way we look at urban travel.
This cool, funky bike is setting the stage for continued innovation especially in the field of green technology.

It is made with a judicious mix of locally sourced materials and local ingenuity, & key imported components –
The battery comes from Samsung, 
the motor and tyres come from partners in Korea.

Key features:

•    Fantastic range: 30 KM on a single charge (60 KM & 100 KM models also available!)
•    Great pickup: 0-25 kmph in 10 seconds flat!
•    Rechargeable battery: Battery can also be charged while pedalling!
•    Flexible modes: 5 gears in the electric mode
•    Battery: 48V Li-ion battery with a 1-year warranty and charges from 20 to 80% in 4 hours
•    Charging: From a regular 5amp socket like your Smartphone! Detachable battery for ease of charging
•    Other features: Unique cruise control feature (where one can lock the maximum speed), digital display of speed and battery charge indicator etc.

While this is a unique product, care has been taken to make sure that it would be easy to get spares and to be able to use extra features and accessories of regular bikes. 

Keeping the basic frame of the bike similar to a standard cycle facilitated this. 

Hence one can easily get a tire replacement, use regular bike locks, bike racks, rear splash guard options etc. 

The eBike will be available in funky and exciting colours.

The pre-order prices for the 3 models on Fueladream would be from 29,900 INR to 50,900 INR, which would be 40% lower than their market price!

Coimbatore based jute machinery technocrat Manikandan is launching India’s first crowdfunded
eco-friendly electric bike - SPERO

This 38-year old, with a MBA to his credit has been working on this project for 3 yrs and is now all set to launch 3 models of his electric bike in India. Manikandan is trying to raise funds for his innovation on Fueladream.com – the Bengaluru- based crowdfunding platform, that curates and presents unique ideas and projects of this kind. Besides just funding this project, the funders even have an option of buying the e-bike through Fueladream.com.

Mr. Ranganath Thota, Founder and CEO Fueladream.com said, “We were so bowled over by the concept and the affordability of this product that we not only provided the platform but we also helped Mani with design advice and product architecture. Mani is one of a very few people who is working on this technology in India and we hope that more people will come forward and support this project through the platform.”

Mr. Manikandan understands and embraces the need for us to move towards a more environmentally conscious way of life. Manikandan’s main focus was on creating an environment friendly bike, which is affordable and provide an alternate mode of urban transportation.

Manikandan says, “The experience I gained through years in the factory has given me the ability to innovate this cycle to perfection. The other thing that working within the manufacturing has given me the knowledge and expertise with handling machinery and sourcing materials that work best with this e-bike. Finally, all these things together have helped me to build a strong and reliable e-bike at affordable prices without having to compromise on quality.”

Spero (ebike) has already raised INR 9.5 Lakhs which is currently the highest funded campaign on the platform.

To know more about the campaign or to fund this initiative, you can visit 

About FuelADream.com

FuelADream.com is a crowd funding marketplace for people & organizations that aim to raise funds for creative ideas, causes, charities etc. Founded in Mid-2015 and based in Bangalore, the start-up aims to impact 2.2 billion people in India, Africa & S.E Asia. Fuel A Dream has raised $ 250,000 in an initial round of funding over the last 8 months from a clutch of individual investors from the corporate world.

Fueladream.com is the brainchild of Ranganath Thota. His team is focused on transforming how people raise and contribute money for ideas, social causes and other activities. FuelADream.com connects the campaign owners (people who want to raise money) to funders in a very productive and engaging way.

The Campaign owners who have an innovative idea or a social cause at heart and who want to raise money for them can showcase their stories and get funders (both individuals and corporates) to support them on this platform. The company believes in creating a community of people who understand the power of giving and the impact they can make through this. Whether funding an idea that may change the face of music or getting an electric bike that will change how we commute to work or funding a fashion show by a talented young designer or helping a charity that takes care of orphans or raising a helping hand to aid victims of a flood– there - there are many a dream that needs to be fuelled.

Till next time....Keep it STYLISH By Nature !! 
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