By MT Bureau| Jan 11, 2022

Actor Venkatesh Daggubati Invests in BikeWo

BikeWo, a Hyderabad-based two-wheeler EV infrastructure solutions company, has announced the appointment of South Indian actor Venkatesh Daggubati as its lead brand ambassador and strategic investor. The amount invested remains undisclosed. 

Venkatesh Daggubati said, "I am elated to be a part of BikeWo’s journey of making the EV bike sector more organised and providing a better user experience. BikeWo is a brand that stands out in the EV space not only by laying infrastructure for EV 2W charging and servicing, but also by encouraging and creating entrepreneurs, especially women entrepreneurs, through its unique franchise network. I look forward to walking the futuristic EV adoption journey with BikeWo, and I’m committed to do my bit in helping the brand in realising its vision."

The company aims at increasing the EV adoption rate in the country by building EV battery swapping and charging infrastructure. The company, which also provides EV two-wheeler services and repairs, aims to set-up 20,000 EV charging points across India by 2025. 

Vidhyasagar Reddy, Co-Founder and Chief Operating Officer, BikeWo, said, "We are delighted and proud to welcome the evergreen legend Venkatesh Daggubati as Bikewo’s investor and brand ambassador. Venkatesh’s faith and trust in BikeWo are an inspiration for us and going forward, we will be working closely with him on a number of strategic aspects. Furthermore, his association with the brand marks a whole new chapter in BikeWo's commitment to young Indians in the realisation of their dreams and aspirations by serving simple and delightful two-wheeler service experiences, creating infrastructure for EV with battery swapping and charging points, and enabling entrepreneurship opportunities to BikeWo’s ever-growing network of dealer-partners." (MT)

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