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Bike Bazaar

Fintech · Pune, India · Founded 2017

Bike Bazaar, operated by the parent company WheelsEMI Private Limited, presents a comprehensive financial services platform targeting the two-wheeler market in India. Established in 2017 by co-founders Srinivas Kantheti, V Karunakaran, and Ratheesh B, the company strategically addresses the entire lifecycle of two-wheeler ownership. Kantheti and Karunakaran bring a wealth of experience from their previous tenure at Bajaj Auto Finance, where they managed a substantial two-wheeler financing portfolio, providing them with deep insights into the market's nuances. The company's headquarters are located in Pune, Maharashtra. The business model is multifaceted, offering a suite of services designed for accessibility and affordability. Core to its operations is providing financing for both new and pre-owned two-wheelers, extending its reach to customers who might be underserved by traditional banking institutions. A significant component of their strategy includes a focus on electric vehicles, offering financing solutions for green bikes to support the transition to sustainable transportation. Beyond financing, Bike Bazaar operates a transparent marketplace for the buying and selling of used two-wheelers, creating a full-circle ecosystem for owners. This marketplace is complemented by additional services such as insurance and long-term rental options. The company generates revenue through interest on loans, fees from its marketplace transactions, and commissions on insurance products. By catering to the diverse needs of two-wheeler owners, from initial purchase to resale, Bike Bazaar has positioned itself as a key player in India's mobility financing sector. Keywords: two-wheeler financing, used vehicle marketplace, electric bike loans, vehicle insurance, mobility finance, asset financing, Indian market, pre-owned motorcycles, financial services, vehicle lifecycle