Bike Market

Bengaluru-based start-up will launch motorcycle on November 24, aims to be in international markets

Two-wheeler financing firm Bike Bazaar on Thursday said it has raised Rs 170 crore in equity funding for a deeper penetration into rural markets and to scale the marketplace business for sale and purchase of used two-wheelers. The fresh capital, as part of its ongoing Series D fundraise, has been secured from a consortium led by Women's World Banking Asset Management (WAM), which has joined the existing equity investors -- Elevar Equity and Faering Capital, Bike Bazaar said. Elevar continues to hold the largest stake in the company, as per the statement. Bike Bazaar also has raised a total of Rs 400 crore in equity funding since its inception in 2017. The two-wheeler financing firm is in advanced discussions with leading global investors for a further Rs 80 crore capital infusion, which will take the total Series D equity round to Rs 250 crore. The company said it has also raised over Rs 250 crore in debt financing from various banks and financial institutions in the last six ...

Honda Motorcycle & Scooter India (HMSI) on Wednesday launched its new bike CB300R priced at Rs 2.77 lakh (ex-showroom Delhi). Bookings for the bike are open from Wednesday for the new CB300R at Honda's exclusive premium BigWing and BigWing Topline dealerships across India, HMSI said in a statement. The new CB300R is powered by a 286cc 4-valve liquid cooled single cylinder engine. It comes equipped with an assist and slipper clutch, which provides an assist function for clutch operations requiring less load compared to a regular clutch mechanism. The slipper function reduces unpleasant shocks caused by sudden engine braking during downshifts, ensuring less fatigue and more comfort for a variety of rides, the company said. "With distinctive features and dynamic road presence, we are confident customers will be delighted with the new CB300R," HMSI Managing Director, President & CEO Atsushi Ogata said. The Neo-Sports Cafe inspired 2022 CB300R was unveiled in December at the India .

Yamaha Motor India said it has cut ex-showroom prices of its FZS 25 and FZ 25 bikes in the country with immediate effect on account of reduction in the input costs of the two models

Firm says shutdown is due to massive and unrestrained spread of Covid-19 across the country

Priced Rs 201,314 (ex-showroom, Chennai) onwards, the Himalayan 2021 is currently available for bookings and test rides in India

Hewland Engineering is UK-based transmission design technology firm

Competition in the middleweight segment and a growing market for electric bikes pose challenges for dominant two-wheeler player

Hero is gearing up to provide service and parts support to customers even where there are no Harley dealerships through its own network

The dealers said they were unhappy with the compen­sation being offered to them and due to this they are now forced to evaluate legal options

Two-wheeler market leader Hero MotoCorp, which has a stronghold in the entry level of the motorcycle market, is now seeing an upturn in the premium segment

Currently, Triumph retails nearly 13 products across various categories in the country

Harley-Davidson India sold fewer than 2,500 units in the last financial year and only about 100 bikes between April-June 2020

In USA, the Benelli Leoncino 500 costs Rs 6.3 lakh. However, we expect the Benelli Leoncino 500's India price to be lower, around Rs 4.5 lakh

The overall motorcycle market has grown about 6% so far during FY17 to 8.5 million units