Private Equity PE-VC Fund Investments
Used two-wheeler marketplace Speedioo raises Rs.10-Cr led by Atomic Capital
Source Speedioo (opens in a new tab)Economic Times (opens in a new tab)
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.