Speedioo bags Rs 10 Cr seed from Atomic Capital to scale used two-wheeler platform
Pune-based Speedioo, run-rating Rs 30 Cr GMV across 4,000 vehicles and 200+ dealers, will deploy seed capital into an AI stack, tier I-IV franchise expansion, OEM/EV resale tie-ups, and in-house financing and warranty. Targets 5x topline growth and Rs 100 Cr ARR in 12-18 months.
What happened
Pune-based used two-wheeler platform Speedioo raised Rs 10 crore seed led by Atomic Capital to build AI stack, expand to tier I-IV cities via franchise model,
Key facts
- Rs 10 crore seed
- Rs 30 crore GMV
- 4,000 vehicles
- 200+ dealer partners
- Rs 100 crore ARR target
- 5x topline growth
Why this matters
Speedioo's OEM and EV resale tie-up ambitions signal a partnership window for two-wheeler OEMs, NBFCs, and warranty providers seeking distribution into India's fragmented pre-owned market via an asset-light franchise network.