DEG commits $10m to India's Bike Bazaar operator WheelsEMI

DEG commits $10m to India's Bike Bazaar operator WheelsEMI

Photo: Nils Lindner

DEG, the investment arm of German state-owned development bank KfW, has committed to invest 850 million rupees (about $10.4 million) in WheelsEMI Pvt Ltd, the operator of two-wheeler sales and financing startup Bike Bazaar in India.