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.
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, and grow dealer network beyond current 200 partners across Bengaluru, Mumbai, Pune.