BeepKart
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BeepKart - overview
Established
2020
Location
Bangalore, Karnataka, India
Primary Industry
Retail
About
Based in Karnataka, India, and founded in 2020, Beep Innovations Pvt. Ltd. , doing business as BeepKart, is an online retailer of used 2-wheelers. The company was founded by its CEO, Hemir Doshi, and COO, Abhishek Saraf.
In April 2024, BeepKart raised INR 540 million in Series A funding from Chiratae Ventures, Stellaris Venture Partners, and Vertex Ventures. BeepKart offers an online platform that facilitates the buying and selling of used two-wheeler vehicles (scooters and motorcycles) in India. The company plans to use the funds raised in April 2024 to increase its market presence and expand its business.
Current Investors
Chiratae Ventures, Stellaris Venture Partners, InnoVen Capital
Primary Industry
Retail
Sub Industries
Automobile Dealerships, Internet
Website
www.beepkart.com
Verticals
E-commerce, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
BeepKart - financials
| Fiscal Year Ended | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|
| Revenue (USD) | 50,800 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (4,784,313) | - | - | - |
| Operating Income (USD) | (4,799,954) | - | - | - |
| Operating Margin | (9448.7%) | - | - | - |
| % EBITDA Margin | (9417.9%) | - | - | - |
| NET Income (USD) | (3,556,908) | - | - | - |
| % Net Margin | (7001.8%) | - | - | - |
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