Shadine Taufik · · 1 min readVertex leads $9m seed round for India-based two-wheeler marketplace
India-based BeepKart is a full-stack online platform that digitizes and organizes the used two-wheeler market.
The fresh funds will be invested into building the company’s brand, operations, and digital user journey, as well as expand its business.
Funding details
- Funding amount: US$9 million
- Lead investors: Vertex Ventures Southeast Asia and India
- Other investors: Stellaris Venture Partners, Chiratae Ventures (IDG Ventures)
- Stage: Series A
- Source
More details
BeepKart→
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| Stage | Amount (US$) | Investors |
| Bridge | 4 million | InnoVen Capital SEA, Chiratae Ventures (IDG Ventures), Stellaris Venture Partners |
| Series A | 9 million | Chiratae Ventures (IDG Ventures), Stellaris Venture Partners, Vertex Ventures SEA & India |
| Total | 13 million | |
See also: 50 rising startups in India
Editing by Miguel Cordon and Jaclyn Tiu
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