How Bike Bazaar Ran Into A Credit Crisis

Bike Bazaar has effectively halted lending after its loan book deteriorated sharply, stopping fresh disbursements from December 2025

Years of rapid growth have reversed into a liquidity and credit crisis. The startup swung from a ₹3 Cr profit in FY25 to a ₹45 Cr loss in FY26, its loan book shrank 40%

Despite selling stressed loans, restructuring assets, and raising ₹10 Cr through NCDs, Bike Bazaar remains cash-strapped, with just ₹44 Cr on hand, and is reportedly in talks with a strategic investor to stay afloat

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Pune-based two-wheeler finance startup Bike Bazaar has stopped lending, halting all new disbursements beginning December 2025 owed to a sharp deterioration for its........

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