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India’s pre-owned two wheeler segment has long been characterised by fragmentation, opacity, and a persistent deficit of consumer trust. A Bangalore based startup is now taking direct aim at these structural challenges. RoamPrime, a technology enabled re-commerce platform for pre-owned two wheelers, has announced the successful closure of an INR 3 Crore funding round led by Kriscore Capital, with co-participation from InCred Capital and a group of distinguished angel investors, including Alok Mittal, Arun Tadanki, and Sumeet Mehta.
A Full Stack Approach to a Fragmented Market
Founded by Anmol Mahajan, Balaji Mohan, and Shubham Sahu, RoamPrime is built on the premise that affordability and trustworthiness need not be mutually exclusive in the used mobility space. The platform follows a full stack operating model — sourcing, refurbishing, and retailing pre-owned two wheelers, each backed by warranty and quality assurance. This end to end ownership of the value chain allows RoamPrime to deliver a consistent and reliable experience to buyers navigating an otherwise unorganised market.
Technology at the Core
Central to RoamPrime’s differentiation is ProcureAssist AI, a proprietary procurement engine developed in-house. The system conducts a comprehensive, data driven health assessment of every vehicle before it enters the platform’s inventory — an industry first approach to standardising procurement quality in the pre-owned vehicle category. By embedding technology at the sourcing stage, RoamPrime aims to eliminate subjectivity and inconsistency that have historically undermined buyer confidence.
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Early Traction and Disciplined Execution
Despite being early in its growth journey, RoamPrime has already facilitated the sale of over 250 vehicles while sustaining strong unit economics — a meaningful indicator of operational discipline. The freshly raised capital will be channelled into three priority areas: deepening supply chain capabilities, advancing the company’s technology infrastructure, and broadening its offline retail footprint across Bangalore.
A Market Ripe for Disruption
India’s used two wheeler market, currently valued at approximately $10 billion, is witnessing growing tailwinds – rising demand for affordable urban mobility, accelerating digital adoption, and an increasing consumer preference for organised, accountable players over informal dealers. As Nilesh Balakrishnan, Managing Director of Kriscore Capital, noted, the trust gap in second-hand two-wheeler purchases remains fundamentally unresolved, and for millions of Indians, the purchase of a first two wheeler represents a deeply personal milestone.
RoamPrime’s combination of technology led procurement, quality assurance, and consumer first values positions it as a credible contender to bring institutional trust to a market that has long operated without it.
