Biography of Prem Kale: Founder & CEO of TIPAYI- Entrepreneur
Journey of Prem Kale:
Prem Kale’s entrepreneurial journey took root in Pune, where
he founded Vamshycle in March 2019. With a keen interest in woodworking and
innovation, he aimed to create products that combined sustainability with
functionality. His vision was to design something truly unique for children’s
mobility, which led to the development of a groundbreaking balance bike.
A Focus on Sustainability
At Vamshycle, Prem emphasized the importance of using
child-friendly, sustainable materials. He believed that kids' products should
not only be safe but also environmentally conscious. This approach set
Vamshycle apart in a market often dominated by plastic products, showcasing
Prem’s commitment to both quality and the planet.
Introducing TIPAYI
One of Vamshycle’s flagship creations is TIPAYI, a wooden
balance bike designed for young children. Unlike conventional bikes that can be
cumbersome and difficult to use, TIPAYI focuses on correct riding posture and
ergonomics. It’s designed to be user-friendly, allowing children to learn
balance and coordination naturally.
Modular Design for Growth
What makes TIPAYI truly innovative is its modular build.
This feature allows the bike to adapt as the child grows. From a walker-assist
for toddlers to a full-fledged balance bike for five-year-olds, TIPAYI can
transform to meet the evolving needs of children. Prem’s design ensures that
one bike can serve multiple purposes over the years.
Recognition and Achievements
Prem's hard work did not go unnoticed. He was recognized as
a National Finalist at WorldSkills India 2018, showcasing his skills and
dedication to craftsmanship. This recognition helped build credibility for
Vamshycle and drew attention to the quality and creativity behind TIPAYI.
The Shark Tank Experience
Prem’s journey reached a new milestone when he appeared on
Shark Tank India. He sought an investment of ₹50 lakhs for a 10% equity stake
in his company, valuing Vamshycle at ₹5 crore. Although he did not secure
funding, the experience provided invaluable exposure and helped raise awareness
about his innovative product.
Biography of Prem Kale: Founder & CEO of TIPAYI- Entrepreneur/age/net worth/investor/startup/sustainable children's mobility products/TIPAYI story
Community and Impact
Vamshycle has gained a following, with around 814 followers
on social media. The company not only aims to sell products but also aspires to
create a community of parents and children who value sustainable and innovative
mobility solutions. Prem’s vision is to inspire other young entrepreneurs to
think creatively and responsibly.
Looking Ahead
As Prem continues to grow Vamshycle, he remains focused on
expanding his product line and improving children’s mobility. With a commitment
to sustainability and innovation, he aims to make a lasting impact in the
industry, ensuring that every child has access to safe, fun, and eco-friendly
products as they embark on their journey of exploration.
A timeline for Prem Kale’s entrepreneurial journey with
Vamshycle:
March 2019 - Prem Kale founds Vamshycle in Pune, focusing on
sustainable children's mobility products.
Late 2019 - Development of the innovative TIPAYI balance
bike begins.
Early 2020 - TIPAYI’s design emphasizes sustainability and
ergonomic features for children.
Mid 2020 - Launch of TIPAYI, showcasing its modular design
for adaptability as children grow.
2018 - Prem recognized as a National Finalist at WorldSkills
India, enhancing Vamshycle’s credibility.
2021 - Prem appears on Shark Tank India, seeking investment
to grow Vamshycle.
Post-Shark Tank - Vamshycle gains exposure and a community
of around 814 social media followers.
2024 and beyond - Prem aims to expand Vamshycle’s product
line while focusing on sustainability and innovation.
