Bike Bazaar

Pune, India Founded: 2017 • Age: 9 yrs
Online platform for buying and selling two-wheelers

About Bike Bazaar

Bike Bazaar is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2017 by Karunakaran Vadakkepat. Online platform for buying and selling two-wheelers. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. Bike Bazaar has raised $65.78 million across 6 funding rounds from investors including Mas Financial Services, Faering Capital and Elevar Equity. The company has 1,838 employees. Its focus areas include Auto, Auto Retail & Aftersales, Finance and Loan. Its competitors include Hinduja Leyland Finance, Bajaj Auto Finance and OTO; 3 of its 3 listed competitors have raised funding.

Company details

Bike Bazaar was founded in 2017 in Pune, India, and operates in the auto financing sector. An online platform is maintained for the purchase and sale of new, used, and electric two-wheelers. Financing solutions are offered to individuals through proprietary underwriting tools, ensuring accessible options and a streamlined process across India.

  • Headquarters Pune, India
  • Employees 1,838
  • Founders Karunakaran Vadakkepat
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Website category Finance · Accounting and Auditing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website bikebazaar.com
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    $301.84 K (USD)
    -41
    as on Mar 31, 2024
  • Net Profit
    -$337.48 K (USD)
    60
    as on Mar 31, 2024
  • EBITDA
    -$129.61 K (USD)
    83
    as on Mar 31, 2024
  • Total Equity Funding
    $65.78M (USD)

    in 6 rounds

  • Latest Funding Round
    $3M (USD), Debt – Conventional

    Jul 2024

  • Investors
  • Employee Count
    1,838

Funding Insights of Bike Bazaar

Bike Bazaar has successfully raised a total of $65.78M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $65.78M
  • Total Rounds 6
  • Last Round Debt – Conventional β€” $3M
  • First Round $12.7M

    (Jun 2020)

  • Investors Count 12

All 6 funding rounds of Bike Bazaar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2024$3MDebt – Conventional––
Feb 2023$10MSeries D–DEG
–
Sep 2022$31.4MDebt – Conventional––
–
Sep 2022$21.37MSeries D–Womens World Banking
Mar 2022$21.71MSeries D–Womens World Banking, Elevar Equity
Jun 2020$12.7MSeries C––
–
Valuation history

12 investors in total: 9 institutional and 3 angel.

Investors in Bike Bazaar

Bike Bazaar has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mas Financial Services, Faering Capital and Elevar Equity.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on growth equities
deginvest.deCologne, Germany
Private equity firm managing investments in Indian sectors.
2009faeringcapital.comMumbai, India
Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
2006elevarequity.comBengaluru, India
Multiple sectors are invested in by this single family office.
Bengaluru, India
Venture capital is invested in tech-startups by Light Travels.
Mumbai, India
Financial services and loans are provided to individuals and businesses.
1988mas.co.inAhmedabad, India
Women's financial inclusion is advanced by a global non-profit organization.
1979womensworldbanking.orgNew York, United States
Manufacturer of solar energy, wind turbines, custom design, and power storage systems
ecopower.inMumbai, India
Physical fitness services are offered at a standalone center.
ampfitness.comBeachwood, United States

Ketan Vijayanand Bani

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Investor details for Bike Bazaar

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Board of directors of Bike Bazaar

The boards of the 2 registered companies of Bike Bazaar currently have 6 directors; the longest-serving is Srinivas Kantheti, appointed in 2017. 16 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Srinivas Kantheti
DIN 07175444
Managing Director22 Feb 20179 yrs 8 moWheelsemi Private Limited, Blubird Auto Trade Private Limited
Karunakaran Vadakkepat
DIN 07622601
Whole-time director22 Feb 20179 yrs 8 moWheelsemi Private Limited, Blubird Auto Trade Private Limited
Aditya Deepak Parekh
DIN 02848538
Nominee Director08 Feb 20197 yrs 9 moWheelsemi Private Limited
Dilip Moreshwar Apte
DIN 07873563
Director31 Jul 20206 yrs 3 moWheelsemi Private Limited
Christina Stefanie Juhasz
DIN 06451902
Nominee Director17 Oct 20224 yrsWheelsemi Private Limited
Chitra Shirish Datar
DIN 11479939
Director16 Jan 20269 moWheelsemi Private Limited

People of Bike Bazaar

2 people are tracked at Bike Bazaar (2 in leadership); the tracked headcount is 1,838.

NameRoleGroup
Co-founder & Managing DirectorLeadership
Co-FounderLeadership
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Financials of Bike Bazaar

Figures of Wheelsemi Private Limited, the primary company behind Bike Bazaar, for FY 2026. Revenue was ₹267 Cr (-15% year on year). Net loss was -₹48.29 Cr (-18% margin). Revenue has grown at a compounded annual rate of +13% over three years and +25% over five years.

  • ₹267 CrRevenue · FY 2026 · -15% YoY
  • -₹48.29 CrNet loss · -18% margin
  • ₹50.11 CrPaid-up capital
  • 1,848Employees (provident fund records)
  • +13%Revenue CAGR, 3 years
  • +25%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Wheelsemi Private Limited are on its company page.

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Detailed financial statements for Bike Bazaar

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Timeline of Bike Bazaar

3 dated milestones of Bike Bazaar across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bike Bazaar is founded.
  2. Funding First funding round of $12.7M.
  3. Funding Latest funding round, Debt – Conventional, of $3.0M.

Competitors of Bike Bazaar

Bike Bazaar has 3 listed competitors in our database, 3 of them funded. They include Hinduja Leyland Finance, Bajaj Auto Finance and OTO.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hindujaleylandfinance.com2008Chennai, India$276.07M14,664
Vehicle and housing finance products are offered across India.
bajajautofinance.com1987Pune, India$10M109,163
Auto finance loans are provided for two-wheelers, three-wheelers, and cars.
otocapital.in2018Bengaluru, India$29.66M229
Two-wheeler loans are provided via a fintech platform for purchases.
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Detailed competitors of Bike Bazaar

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Web traffic of Bike Bazaar

The website of Bike Bazaar (bikebazaar.com) receives about 5.3K visits a month and ranks #853,689 among all websites worldwide, #2,117 in Accounting and Auditing.

  • Monthly visits
    5.3K

    ▼ 62.7% vs previous month

  • Unique visitors
    6.9K

    per month

  • Global rank
    #853,689

    among all websites

  • Category rank
    #2,117

    Finance · Accounting and Auditing

Similar websites

Websites whose visitors overlap most with Bike Bazaar. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
indianstartupnews.com
100%
353.8K#136,006View details

Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as Bike Bazaar (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Related news about Bike Bazaar

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Frequently Asked Questions about Bike Bazaar

Bike Bazaar was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Bike Bazaar is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Bike Bazaar is a funded company, having raised a total of $65.78M across 6 funding rounds to date. The company's 1st funding round was a Series C of $12.7M, raised on Jun 2020.

Bike Bazaar has 1,838 employees.

Annual revenue of Bike Bazaar is $301.84K as on Mar 31, 2024.

Bike Bazaar was founded in 2017 in Pune, India, and operates in the auto financing sector. An online platform is maintained for the purchase and sale of new, used, and electric two-wheelers. Financing solutions are offered to individuals through proprietary underwriting tools, ensuring accessible options and a streamlined process across India.

Bike Bazaar's top competitors include Hinduja Leyland Finance, Bajaj Auto Finance and OTO.

Bike Bazaar has 12 investors. Key investors include Mas Financial Services, Faering Capital, Elevar Equity, Womens World Banking, and DEG.

Bike Bazaar is associated with 2 legal entities: Wheelsemi Private Limited, Blubird Auto Trade Private Limited.

The legal entities of Bike Bazaar currently have 10 directors, including Srinivas Kantheti, Dilip Moreshwar Apte, Mr. Kalpesh Ojha and others.

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