Beepkart raised $9 million in funds led by Vertex Ventures South East Asia & India

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Online two-wheeler marketplace Beepkart raised $9 million in funds led by Vertex Ventures South East Asia & India where existing investors Stellaris Venture Partners and Chiratae Ventures also participated.

Beepkart stated that the funds will be used to expand the business, improve the customer experience, develop internal products and systems, and improve branding and operations. Beepkart claims to provide users with a transparent experience by providing a fixed price to sellers and buyers via data crunching. Buyers can browse refurbished bikes, view inspection reports, make online reservations, schedule at-home test rides, and purchase bikes outright or on loan with warranties and services.

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Beepkart raised $9 million in funds led by Vertex Ventures South East Asia & India

Online two-wheeler marketplace Beepkart raised $9 million in funds led by Vertex Ventures South East Asia & India where existing investors Stellaris Venture Partners and Chiratae Ventures also participated.

Beepkart stated that the funds will be used to expand the business, improve the customer experience, develop internal products and systems, and improve branding and operations. Beepkart claims to provide users with a transparent experience by providing a fixed price to sellers and buyers via data crunching. Buyers can browse refurbished bikes, view inspection reports, make online reservations, schedule at-home test rides, and purchase bikes outright or on loan with warranties and services.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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