Speedioo bags ₹10Cr seed from Atomic Capital to scale used two-wheeler retail across Tier 2-4 India
Bangalore-based Speedioo raised a ₹10 crore seed round led by Atomic Capital to build an AI-native stack, expand its franchise-led dealer network beyond 200+ partners, and chase a ₹100 crore ARR run-rate in India's $28 billion used two-wheeler market. The company claims 5X topline growth, ₹30 crore GMV and 4,000+ vehicles sold.
What happened
Used two-wheeler platform Speedioo raised ₹10 crore seed led by Atomic Capital to build AI-native tech stack, scale franchise-led retail network, deepen OEM
Key facts
- ₹10 crore seed
- 5X topline growth
- ₹30 crore GMV
- 4000+ vehicles sold
- 200+ dealers
- ₹100 crore ARR target
- $28 billion market
Why this matters
Speedioo's AI stack plus franchise network makes it a credible bolt-on or distribution partner for OEMs and large used-vehicle platforms eyeing Tier 2-4 penetration.