Startup Atlas · Consumer Lending

Bike Bazaar

WheelsEMI Pvt. Ltd Pune, Maharashtra Founded 2017 bikebazaar.com ↗
Srinivas Kantheti · Co-founder & Managing Director Karunakaran Vadakkepat · Co-founder & Joint Managing Director CH Phaneendra Kumar · Co-founder Ratheesh Bharathan · Co-founder
$66.34 MnTotal funding (tracked)
6Funding rounds
2 Jul 2024Last round

Bike Bazaar: Financial Breakdown

Figures below are FY2026, standalone basis, compiled from filings and disclosures — every year cited to its source.

Rs. 248 crore (total income; provisional)Total revenue · -18.7% YoY
net loss of Rs. 45 crore (provisional)Net loss · swung to a loss (was a profit)

Revenue by fiscal year

010203040$MRs 84.84 crore: $11.4M11FY2021Rs 149.72 crore: $20.1M20FY2022Rs 180 crore: $22.4M22FY2023Rs. 253 crore (total income): $30.6M31FY2024Rs. 305 crore (total income): $36.1M36FY2025Rs. 248 crore (total income; provisional): $28.1M28FY2026

Net profit / loss by fiscal year

-8-6-4-202$Mloss of Rs 47 crore: $-6.3M-6.3FY2021loss of Rs 55.3 crore: $-7.4M-7.4FY2022loss of Rs 43 crore: $-5.3M-5.3FY2023profit of Rs. 1 crore: $0.1M0.1FY2024profit of Rs. 3 crore: $0.4M0.4FY2025net loss of Rs. 45 crore (provisional): $-5.1M-5.1FY2026

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2026 Rs. 248 crore (total income; provisional) net loss of Rs. 45 crore (provisional) source
FY2025 Rs. 305 crore (total income) profit of Rs. 3 crore source
FY2024 Rs. 253 crore (total income) profit of Rs. 1 crore source
FY2023 Rs 180 crore loss of Rs 43 crore source
FY2022 Rs 149.72 crore Rs 207.01 crore loss of Rs 55.3 crore source
FY2021 Rs 84.84 crore loss of Rs 47 crore source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com www.faeringcapital.com www.icra.in · Last verified 7 Sep 2026. · Report a correction