IIT Bombay students made the world's first foldable diamond frame e-bike, Anand Mahindra invested

Mahindra Group Chairperson Anand Mahindra shared pictures of himself riding the foldable e-bike on the social media platform X (Twitter). The e-bike has been developed by Hyderabad-based consumer products company Hornback, founded by Indian Institute of Technology-Bombay alumni Nishith Parikh and Rajkumar Kevat. Anand Mahindra was so impressed after seeing this product that he invested in it. Let us know what is the matter.

In fact, on October 21, Anand Mahindra posted a picture on a micro-blogging site Also seen as keeping in.

While sharing his picture, he wrote in the caption that some people from IIT Bombay have made us proud again. They have created the world's first foldable diamond frame e-bike with full-size wheels. This makes the bike not only 35% more efficient than other foldable bikes but it also makes the bike more stable at medium to high speeds. This is the only bike that does not have to be lifted after folding. Took my own Hornback X1 for a spin around the office complex! (Full disclosure: I have also invested in this startup company. Hornback is available on Amazon as well as Flipkart.