Season 3, episode 2
EGIKE
إيجايك
EGIKE is an Egyptian startup that designs and manufactures smart electric bikes in Egypt for the Egyptian market, and uses artificial intelligence in making their batteries.
The founders asked
5M EGP
for 10% · valuation 50M EGP
The deal
Deal
Ahmed El SewedyEquity: not disclosed
In short: EGIKE pitched in Season 3, episode 2. The founders asked for 5M EGP for 10%, valuing the company at 50M EGP. They walked away with a deal with Ahmed El Sewedy.
Overview
EGIKE is an Egyptian startup that designs and manufactures smart electric bikes in Egypt for the Egyptian market, and uses artificial intelligence in making their batteries. It describes itself as the first Egyptian brand of smart e-bikes and offers them both for sale and through rental-sharing in cities, with pre-orders open to customers. It pitched the bikes to the sharks as a green-mobility answer to everyday transport problems. On the show it closed a deal with Ahmed El Sewedy.
Team and investors
After the show
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Frequently asked questions
What is EGIKE?
EGIKE is an Egyptian startup that designs and manufactures smart electric bikes in Egypt for the Egyptian market, and uses artificial intelligence in making their batteries. It describes itself as the first Egyptian brand of smart e-bikes and offers them both for sale and through rental-sharing in cities, with pre-orders open to customers. It pitched the bikes to the sharks as a green-mobility answer to everyday transport problems. On the show it closed a deal with Ahmed El Sewedy.
When did EGIKE appear on Shark Tank Egypt?
In Season 3, episode 2 (2024-2025).
How much did EGIKE ask for on Shark Tank Egypt?
5M EGP for 10%, valuing the company at 50M EGP.
Did EGIKE get a deal on Shark Tank Egypt?
Yes, with Ahmed El Sewedy.
Which shark invested in EGIKE?
Ahmed El Sewedy. Details →
More questions (4)
What is EGIKE's website and social media?
Website: egike.com. On Instagram and Facebook; links are on this page.
Which episode of Shark Tank Egypt was EGIKE in?
Season 3, episode 2. Also in that episode: Carpetivity and El Motaheda. Details →
Which sharks did EGIKE pitch to?
The Season 3 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil, Yasseen Mansour, Mona Ataya and Noor Sweid.
What sector is EGIKE in?
Tech. 18 other Tech startups pitched on the show. Details →
Rating & comments
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