Speedioo banks Rs 10 cr seed from Atomic Capital to scale used two-wheeler franchise across tier I-IV
Pune-based Speedioo, clocking Rs 30 cr GMV across 4,000+ vehicles and 200+ dealers in Bengaluru, Mumbai and Pune, will deploy fresh seed capital to build an AI stack and roll out a franchise model targeting Rs 100 cr ARR and 5x topline growth 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 emerging dealer network and tier I-IV franchise footprint make it a strategic watchlist target for OEMs, NBFCs, and larger used-vehicle platforms seeking distribution depth in India's pre-owned two-wheeler market.