Bike Bazaar bags $10 Mn funding to penetrate into rural India


Content Team
Image Credit: Inc42

Online two-wheeler financing and marketplace startup Bike Bazaar has raised an additional $10 Mn (INR 82 Cr) in funding from DEG, the investment arm of German state-owned development bank KfW. With this, Bike Bazaar has closed its Series D equity funding round under which it has so far raised INR 250 Cr ($30 Mn) from multiple marquee investors, including Women World’s Banking Asset Management (WAM), Elevar Equity, and Faering Capital.