Established
2015
Franchise Units
3
Minimum Investment
₹ 20,00,000
Franchise Fee
₹ 3,00,000
Total Investment Range
₹ 30,00,000
Home Based
No
Description
The Indian two-wheeler market is massive, but for decades, the pre-owned segment operated like the Wild West. Buyers wrestled with doctored odometers, hidden mechanical flaws, and sketchy paperwork, while sellers struggled to get a fair price. Enter CredR (Incredible Technologies Pvt. Ltd.), India’s most trusted omnichannel marketplace for pre-owned two-wheelers. By replacing guesswork with a rigid, tech-driven evaluation process, CredR has transformed how everyday Indians buy and sell used motorbikes and scooters.
CredR successfully bridges the gap between digital convenience and physical assurance. While customers can browse certified bikes online, the magic happens offline at their standard experience centers, where buyers can physically inspect, test-drive, and finalize their purchases. For an entrepreneur, a CredR franchise isn't just a dealership; it is a community-centric hub backed by a highly recognizable brand, structured corporate governance, and a standardized inventory ecosystem. By leveraging CredR's robust brand positioning, a franchisee taps into a highly lucrative, inflation-proof, and ever-growing automobile aftermarket in India.
Background
Established Year: Founded in 2015, operations commenced aggressively to fill a massive structural void in the unorganized mobility sector.
Franchise Commencement: The brand opened its proven business model to franchise partners in 2017.
Founders: Conceived by an elite tech-trio from IIT Bombay—Nikhil Jain, Nittin Mittal, and Sumit Chhazed—and scaled under the modern leadership of Co-Founder & CEO Sasidhar Nandigam.
Legal Entity & Parent Organization: Incredible Technologies Private Limited.
Active Franchise Units: 3
Market Presence in India: Headquartered in the startup hub of Bengaluru, CredR has scaled its footprint across prime Indian territories, including Pune, Delhi-NCR, Bangalore, Hyderabad, Jaipur, Ahmedabad, and Chennai.
Industry Category: Automotive Aftermarket, E-commerce, Used Two-Wheeler Retail Marketplace.
Funding & Backing: CredR is a highly credible, institutionalized Series-B entity that has secured over $42 million in capital from leading global venture firms like Eight Roads Ventures (Fidelity), Omidyar Network India, and GrowthStory.
Support Training
Pre-Launch Support
Location Selection & Analytics: Corporate real estate teams use demographic and traffic data to help you select a prime, high-footfall location.
Showroom Layout & Design: Complete blueprints and standardized structural designs are provided to give your outlet the signature corporate CredR aesthetic.
Training & Academic Programs
Comprehensive Staff Training: Sales, customer support, and floor managers undergo intensive training programs at existing corporate centers.
Technical Know-How: Showroom technicians are trained thoroughly on digital appraising tools and multi-point checklist verifications.
Operational & Software Support
Integrated CRM & ERP Systems: Franchisees get proprietary software access for inventory management, billings, evaluation algorithms, and tracking customer life cycles.
Standard Operating Manuals (SOPs): Detailed physical and digital handbooks covering day-to-day operations, lead management, and service protocols.
Marketing & Growth Support
Hyperlocal Marketing Engine: National digital campaigns run by the corporate office channel verified buyers and sellers directly to your specific pin code.
Collaterals & Signage: Complete assistance with physical marketing assets, launch events, in-store branding, and localized flyers.
Financial Detail
| Financial Metric | Estimated Requirements (INR) |
| Minimum Setup Investment | ₹20,00,000 |
| Total Investment Range | ₹20,00,000 – ₹30,00,000 (Depends on city tier & location property dynamics) |
| Franchise / Brand Fee | ₹3,00,000 |
| Furniture, Fixtures & Equipment | ₹5,00,000 – ₹7,00,000 (Includes internal branding, display stands, computing systems) |
| Initial Working Capital | ₹3,00,000 – ₹5,00,000 (For smooth inventory rolling) |
| Marketing Budget (Localized) | Borne by Franchisee (Supported by central digital lead allocation) |
| Royalty / Commission Fees | 0% Base Royalty (Varies strictly based on chosen margin-sharing models) |
| Expected Return on Investment (ROI) | 50% – 60% per annum |
| Anticipated Break-Even / Payback Period | 12 to 18 Months |