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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 funding from investors Stellaris Venture Partners and Chiratae Ventures as well as Vertex Ventures South East Asia & India. According to Beepkart, the money will be used to grow the company, enhance the consumer experience, create internal products and processes, and enhance operations and branding. In order to give vendors and buyers a fixed price through data analysis, Beepkart claims to offer users a transparent experience. Bikes can be bought outright or rented with warranties and services, and customers can browse refurbished bikes, check inspection reports, make online bookings, arrange at-home test rides, and plan at-home test rides.

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