WheelsEMI to raise $35-40 million, to enter into used two-wheeler market with Bike Bazaar

Bike Bazaar plans to sell, service, and finance used two wheelers across 263 outlets in FY-22, with a plan of expanding to over 1100 outlets in three years hence grabbing a pie of the entire lifecycle of a used two wheeler as against just financing it currently. The major focus will be mainly in tier 2 ,3 cities and villages.

from Auto-Industry-Economic Times https://ift.tt/3Evf9lz