Wheelstreet.in is a product of Bashar Technologies Pvt Ltd that caters to an online platform for all the bike lovers across India. They connect bike owner to the renter and provide hassle free bike renting experience. They list bikes ranging from 2013 to 2015 model after verifying the owner. They are a platform connecting the customers with the best bike available in the town at minimum security deposit.Founded in 2014 by Moksha Srivastava, Mritunjay Kumar and Pranay Shrivastava, Wheelstreet is a bike rental platform that offers two-wheelers on rent including scooters, commuter bikes, sports bikes, super bikes and premium bikes.As per the information that has come in Bangalore-based bike rental startup Wheelstreet has raised $500K(around INR 3.4 Cr.) in a funding round from Broadbean Capital services, an early-stage seed and Pre-Series A venture fund.
As per Pranay Shrivastava, Co-founder & CEO at Wheelstreet,
“Wheelstreet plans to use the funding amount to expand the technological capabilities of the firm and also to expand to the intended markets as soon as possible,”
WheelStreet is currently operational in Delhi/NCR and Bangalore and with the current inflow of funds they look at strengthening their operational ability. They will also look at enhancing the technological capabilities and will plan expansion to various other markets as well.