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Bolt Auto Technologies Private Limited

  • Area Req
    - NA -
  • Investment Range
    Rs. 10000 - 50 K
  • Franchise Outlets
    10-20
Business Details

India is largely a country of 2-wheelers majorly classified as commuters and enthusiasts. Enthusiasts is the smaller fraction, comprising of riding hobbyists who are passionate about riding. Also with changing demography and technology enablers like maps and online riding forums more and more commuters are converting to enthusiasts.

At Bolt our quest is to make products to enhance riding experience of these enthusiasts and enable more and more riders to follow their passion for riding.

Out first product is the Bolt Red Streak and Bolt Pocket, a 2A USB charger with a pouch to secure the phone on the bike along Bolt Riders App, to track your rides and create ride stories to share with co-riders and friends.

The idea behind the product is that with increasing adoption of smart phones and technology among riders there is a clear need for charger on the motorcycle. By providing a charger and a place to secure your phone on the bike we are opening the gateway for riders to leverage their phone and internet during their rides. Also for enthusiasts it is all about the rider, the bike and the ride/trip. By tracking rides and creating travelogues/ riding stories with minimal interaction from rider there is great value in giving the rider a record of his ride.

Bolt Red Streak is a 2A detachable charger designed to optimize on the bike battery usage and for external weather conditions. It has a smart load detection feature to draw power only when load is connected. The charging circuit also has auto short circuit cut off and auto thermal shut down features. We are also introducing a smart battery charge level detection module in the near future.
Bolt Riders App is a seamless tracker application to track rides with minimal interaction from rider even in no network areas. The App automatically detects pitstops and attaches images and comments to each pitstop. After the ride the rider will get a ride story which can be easily shared with friends. The App also stores back up of all rides recorded on the cloud. Going ahead the App will have features to enable riders to use technology to plan rides, connect with riders in a new location and be part of the local riding community.
Bolt Pocket is a tank top pouch to secure your phone while charging. It has a transparent touch sensitive interface to view the phone enabling navigation and other uses of technology while riding.

The complete package is priced at 1699 with 1 year warranty activated by download of App.

Investment Details

Commenced Operations

Operations Commenced On2015

Franchising / Distribution Commenced On2015

Franchise Details
Units

Area- NA -

Investment Rs. 10000 - 50 K

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Master / Multi Units

Region Wise

Investment Rs. 10000 - 50 K

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Punjab, Uttar Pradesh, Uttaranchal

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

East

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

Chandigarh, Lakshadweep, Pondicherry

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 100

Likely pay back period of capital for a unit franchise - NA -

Other investment requirements No

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement - NA -

Preferred location of unit franchise outlet - NA -

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location No

Is field assistance available for franchisee? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? No

How long is the franchise term for? Year

Is the term renewable? Yes

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