Bhubaneswar-based Indiyanet, which runs and operates multiple online properties in the commercial mobility domain, has raised a pre-seed funding round from PointOne Capital and a few angels.
The fresh funds raised will be used to expand its platform’s offerings in regional markets and expand more verticals in the mobility domain to better meet the growing demands.
Subrat Kar, Founder, said, “This funding will help us scale further, gain more traction in regional markets, expand our reach, and continue delivering exceptional value to our commercial automotive customers.”
Ravish Ratnam, Managing Partner at PointOne Capital, said, “Motorfloor and Trucksfloor are well-positioned to meet the demands of the Bharat audience in the mobility domain, who are looking to purchase commercial vehicles. With their startup experience and deep understanding of the regional market, Subrat and his team are ideally positioned to capitalize on this opportunity.”
Founded in 2024 by Subrat Kar, Indiyanet runs Motorfloor and Trucksfloor, both dedicated to commercial vehicles and assists consumers in making informed buying decisions by offering comprehensive research tools to explore vehicle features, specifications, photos, on-road prices, and more.
Currently, the company generates revenue by charging fees to OEMs and dealers for lead generation. In the future, it plans to expand transactional-oriented verticals within the mobility domain to drive end-to-end commerce.
Currently, the startup has a 25-member team based in Bhubaneswar, and want to add more teams in the back-support operations, content and language localisation.
