PE-VC Fund Investments
Used two-wheeler marketplace Speedioo raises Rs.10-Cr led by Atomic Capital
Pune-based used two-wheeler platform Speedioo has raised INR 10 crore in a seed funding round led by Atomic Capital.Founded in 2023 by Sagar Potphode and Ajit Deshmukh, Speedioo operates an omnichannel platform for buying and selling used two-wheelers. The company operates across Bengaluru, Mumbai, and Pune and intends to expand into three to four additional cities and implement a franchise-led retail model.The new funds will be used to develop an AI-native technology stack, expand its distribution across key demand centers, deepen partnerships with original equipment manufacturers, and scale its dealer and retail network.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
