Mahindra two wheelers launched a new low-cost variant of Mojo, UT 300 on Monday. Saddle up, key-in, start your engines and set out to conquer your city like never before. Say hello to the #MojoUT300, the Universal Tourer, starting at Rs. 1.39 lakh, T&C apply. Check it out here: https://t.co/RLMK1KTXqY @anandmahindra @rajesh664 @GoenkaPk @pakwakankar pic.twitter.com/rmzheYyrAo — Mahindra Mojo (@MahindraMojo_) March 5, 2018 × The bike is priced Rs 1.49 lakh (ex-showroom price) is an affordable variant of original mojo XT 300 which was launched in 2015. The company has also offered a discount of 10,000 for people who will be booking this beauty till March end. The bike is very similar to its previous variant in terms of looks and specifications. The new mojo has 295 cc liquid-cooled, 4 valves, a single-cylinder engine with carburetor fuel system. The bike also has 17-inch tubeless tires from MRF and gas charged monoshock rear suspension. According to experts Mahindra has targetted UT 300 for the urban area riders with its 21 litre of the fuel tank.