Consumer-Tech platform Speedioo on Tuesday said it has raised ₹10 crore in a seed round led by Atomic Capital to strengthen its presence across India's used two-wheeler market.

This marks the company's first institutional fundraise, said Speedioo, which is building an integrated omnichannel platform across procurement, pricing, refurbishment, supply chain and customer experience in the used two-wheeler space.

The capital is set to be used towards building AI-native technology stack, expanding distribution across key demand centres in India, deepening partnerships with OEMs as a key growth driver, and scaling dealer partner and retail network, the company said in a statement.

As a part of its expansion strategy, the company also plans to grow retail footprint across cities through a scalable franchise model aimed at strengthening its supply and operational infrastructure, along with expanding its senior leadership team, Speedioo said.

Speedioo Co-Founder & CEO, Sagar Potphode said, "While Tier I markets remain important, we strongly believe the real long-term opportunity lies across Tier II, III and IV India, where accessibility and affordability matter even more." Commenting on the investment in Speedioo, Atomic Capital Founder & Managing Partner, Apoorv Gautam said the used two-wheeler market is roughly 1.5-times the size of the new two-wheeler market, and as Indian consumers grow more aspirational, premiumisation within the second-hand category is becoming a defining theme.

"We also have a sharp point of view on value creation in this category, across technology platform building, distribution expansion, and a deliberate focus on the most lucrative segments. We are excited to partner with the Speedioo team on this journey," Gautam noted.

Speedioo said it has clocked Rs 30 crore in GMV with over 4,000 vehicles sold.

Published on June 16, 2026