World’s fastest Bike wash startup, Express Bike Works launches its 31st store in Mumbai

· EBW has a presence of 31 stores across 6 countries- will touch the 100-store mark by end of 2017

· Founded by IIT & IIM alumni

· Proud & successful ‘make in India’ venture: Invented, designed and manufactured in India with Provisional Patent

· Record of washing 230 bikes in 10 hours – fastest in the world (the fastest bike wash machine in the world- in less than 2 minutes!)

· One of the few startups in India to give a successful exit to its Investors including Mark Mobius- Executive Chairman, Templeton Emerging Markets

Mumbai, 13^th June, 2017: Express Bike Works (EBW), world’s fastest bike care startup launches its 31^st store in Mumbai within the IOCL's pump at Deonar. The store is a one-stop solution for all two wheelers, offering full-fledged services including 2-minute automated motorcycle wash, detailing, health check-up, express maintenance and 24x7 on-road assistance.

Founded in 2013, EBW has in less than four years set up 31 stores across the world. EBW is present across Nepal, Indonesia, Thailand, Rwanda and Colombia apart from India. EBW is designed and developed indigenously, the machine can wash the dirtiest of a motorcycle in under 2 minutes. The environment-friendly design recycles and reuses water, keeping operational cost low. EBW is tested and approved by several Indian and international motorcycle manufacturers. EBW has so far serviced over 2.5 lakhs bikes and saved over 12.53million Liters of water.

Starting 2014, EBW has successfully serviced over 2.5 lakh bikes till date and is the fastest growing franchise network in the world. Commenting on the store launch, Niraj Taksande, Co-founder EBW said, “India has close to 52,000 petrol pumps with IOCL & HPCL being the market leaders. This association has given us a much-needed boost to sign-up and set up a store in the least time. Location being the major asset in the retail business, petrol pumps provide us enough traction for an early store breakeven. EBW has been allotted space to operate in these petrol pumps across India We will be opening another 70 stores this year.”

He further commented, “Over years, we have perfected the EBW machine's quality, functionality, and manufacturability. Additionally, the unique business that EBW has ventured into has led to several other innovations while perfecting the franchise model, be it a mechanical, electronic or an IT challenge, we have upgraded and equipped ourselves to come up with indigenous solutions. The current version of EBW machine is a testimonial to our engineering capabilities.”