India, July 2 -- Crisis At Bike Bazaar

Bike Bazaar's lending engine appears to have stalled. With disbursements frozen, ratings cut and securitised pools worsening, the two-wheeler financing platform is now fighting for survival. As it courts a strategic investor, can Bike Bazaar orchestrate a last minute rescue?

The Stress Shows Up: The problem started around last year. By June 2025, Uttar Pradesh and Bihar together made up 52% of Bike Bazaar's AUM, leaving the startup exposed to concentration in markets where borrower stress is harder to manage and collections fragile. As macro pressure increased on lower-income households, repayment problems began to surface.

The Damage Spreads: The lending tech platform tried to manage the problem ...