StartupsInc42about 3 hours ago
Bike Bazaar's Debt Spiral, Dream11 Shuts Fintech Arm & More
6 min read
Bike Bazaar's gross stressed assets surged to 38.1% of its portfolio by March 2026, up from 8% two years earlier. The startup slipped to a ₹45 crore loss in FY26, with loan book shrinking 40% year-over-year to ₹839 crore. ICRA downgraded Bike Bazaar to BBB amid the credit crisis.
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