Bike Bazaar funding, investors and company details

Bike Bazaar is an emerging Banking and Finance - FinTech startup from Pune, working in the space of Fintech and mobility startup operating as a specialized platform for two-wheeler financing, insurance, and lifecycle management. Founded by Mansoor Ali, Nikhil Sarda.

Company: WheelsEMI Private Limited
Sector: Banking and Finance - FinTech
Location: Pune
Founders: Mansoor Ali, Nikhil Sarda
Total funding raised: ₹195 Cr

Company overview

Bike Bazaar is a fintech and mobility startup operating as a specialized platform for two-wheeler financing, insurance, and lifecycle management. Its core offerings include new and used bike loans, EV financing, insurance services, and resale solutions, making it a one-stop ecosystem for two-wheeler ownership. The platform caters to both urban and rural customers, with a strong focus on affordability and accessibility. Bike Bazaar differentiates itself by targeting underserved segments such as low-income and rural riders, offering tailored financing products that traditional banks often overlook. The company also supports India’s EV adoption drive, providing financing and insurance solutions for electric two-wheelers, thereby aligning with sustainability goals.

Funding rounds

Latest round (Debt): ₹25.00 Cr. ($ 2.99 Mn), 2024-07-02. Investors: MAS Financial
Past round: ₹170.00 Cr. ($ 20.86 Mn), 2022-09-01. Investors: Elevar Equity, Faering Capital