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 proceeds will be used to expand the platform’s offerings in regional markets and expand more verticals in the mobility domain.
Founded by Subrat Kar in 2024, the brand runs Motorfloor and Trucksfloor, both dedicated to commercial vehicles, and assists consumers in making informed buying decisions by offering research tools to explore vehicle features, specifications, photos, on-road prices, and more.
Currently, the Motorfloor 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.
The startup has a 25-member team based in Bhubaneswar and wants to add more teams in the back-support operations, content, and language localization.
Vishal Gawai
Verified JournalistVishal Gawai is the founder of TheIndiaBizz, a media and information platform in India that offers in-depth coverage of the country's startup ecosystem.