What iMotorbike does

iMotorbike is a Singapore-headquartered, Malaysia-incorporated online marketplace for preowned motorcycles operating across Malaysia, Vietnam, Singapore and Taiwan (as of 2025). Its platform combines a digital catalogue with 3 proprietary showrooms and 13 Shell Malaysia co-branded inspection centres (16 physical sites nationwide) where each motorcycle undergoes a standardized 170-point inspection covering engine, gearbox, brakes, electricals, tyres, chassis, frame, suspension and body, plus accident, flood and mileage history verification. The platform supports full transaction lifecycle for both buyers and sellers: browse, free inspection booking, financing with 2-7 year tenures, ownership transfer, trade-in, warranty (6 or 12 months on engine/gearbox/ECU) and bundled insurance through partner Berjaya Sompo.

The company monetizes through a multi-stream model: margin on motorcycles it buys and resells through its own showrooms; transaction facilitation fees for buy/sell/trade-in; commissions on financing originated via partner institutions; extended warranty and bundled insurance revenue; and a subscription roadside-assistance product, iM Rescue (RM99/year or RM49 one-time), providing on-site mechanic support within 50km of hubs in KL, Penang and Johor. Adjacent value-added services include the Free Motor Check service (used by 12,000+ owners) and a three-tier certification framework (As Is, Certified Lite, Certified) that escalates warranty scope with vehicle age and mileage caps.

iMotorbike's go-to-market is direct-to-consumer via its e-commerce storefront and physical showrooms, supported by an omnichannel marketing presence across Instagram, Facebook, TikTok, Telegram, LinkedIn, X, a dedicated news portal and SEO content. The company has raised approximately US$13 million across multiple rounds — including a US$2.6M Series A (June 2023, Gobi Partners and Ondine Capital co-led) and a US$10M Series A (January 2025, Headline-led) — and is led by founder/CEO Gil Carmo and co-founder/CMO Sharmeen Looi with a 51-100 employee team. Disclosed operational milestones through June 2023 include 2,500+ transactions, ~US$3.5M cumulative GMV, 5,000+ connected dealers and a 4.8/5 Google review rating.

Name

iMotorbike

Legal name

iMotorbike World Sdn. Bhd.

Website

https://imotorbike.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

iMotorbike is an online and physical marketplace for preowned motorcycles across Malaysia, Vietnam, Singapore and Taiwan, providing 170-point inspections, financing, warranties, ownership transfer, trade-ins and roadside-assistance subscriptions to individual buyers, sellers and a 5,000+ dealer network.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices13 records

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Motorcycle sales margin: iMotorbike buys preowned motorcycles from sellers (after inspection and valuation) and resells them to buyers through its showrooms and platform, earning margin on the transaction.
2. Transaction facilitation fees: The platform facilitates buy/sell/trade-in transactions, handling ownership transfer, loan payoff assistance, and documentation. Revenue is generated on each completed transaction.
3. Financing partnerships: iMotorbike offers financing options for motorcycle purchases through partner financial institutions. The company earns referral or commission income on loans facilitated through the platform.
4. Warranty and insurance services: Extended warranty packages (6-month to 12-month coverage on engine, gearbox, ECU) and bundled insurance products are offered as add-on services with each sale.
5. iM Rescue subscription: Annual subscription service (RM99/year) providing unlimited on-site mechanic assistance for motorcycle breakdowns within coverage areas, plus one-time rescue at RM49 per incident.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

iMotorbike operates an online marketplace platform for buying, selling, and trading-in pre-owned motorcycles, with integrated 170-point professional inspection services, warranty packages, financing through partner lenders, ownership transfer handling, insurance bundling, and the iM Rescue roadside assistance subscription. The platform combines a digital marketplace with 3 physical showrooms and 13 Shell co-branded inspection centres across Malaysia, serving individual buyers and sellers primarily in Malaysia with expanded operations in Vietnam and Taiwan.

Product overview

iMotorbike operates as a comprehensive online marketplace for pre-owned motorcycles, offering a unified platform where customers can browse, buy, sell, and trade-in motorcycles. The core marketplace is supported by value-added services including iM Rescue (roadside assistance), Free Motor Check (inspection service), and two certification tiers (iM Certified and iM Certified Lite) that provide warranty and inspection guarantees. Additional services include financing options, trade-in capabilities, and insurance bundling. The platform features a 170-point inspection process and maintains showrooms and inspection centers across Malaysia.

Differentiator

Problem solved

Functional benefit

Products and services

• iMotorbike Marketplace Online marketplace platform for buying and selling pre-owned motorcycles in Malaysia, offering browse, filtering, inspection booking, trade-in, and purchase functionality with integrated financing options and ownership transfer handling. Targets individual motorcycle buyers and sellers primarily in Malaysia.
• iM Rescue Roadside assistance service providing on-site mechanic support for motorcycle breakdowns, available as a one-time rescue (RM 49) or annual subscription (RM 99/year), covering areas within 50km of hubs in Kuala Lumpur, Penang, and Johor with 10:00-24:00 daily availability. Targets motorcycle owners in Malaysia.
• Free Motor Check Complimentary motorcycle inspection service providing a detailed 170-point health check report covering engine, brakes, tyres, and electrical systems, with inspection slots bookable at centers across Malaysia. Targets individual motorcycle owners seeking a pre-purchase or general condition assessment. Over 12,000 owners have used the service.
• Motorcycle Financing Financing options enabling customers to purchase motorcycles through loan arrangements with partner financial institutions, with flexible tenure options from 2 to 7 years and monthly payment plans (e.g., RM 502/month for a 2019 Yamaha YZF-R25 over 2 years, RM 216/month for a 2024 WMOTO RT3S over 7 years). Targets individual motorcycle buyers who cannot or prefer not to pay in full.
• Trade-In Service Hassle-free motorcycle trade-in service allowing customers to exchange their current motorcycle for one from the iMotorbike showroom with on-the-spot ownership transfer handling and no paperwork burden on the customer. Targets individual motorcycle owners seeking to upgrade or replace their existing bike.

Quantifiable outcome

• Over 2,500 transactions worth more than US$3.5 million facilitated since founding (as of June 2023)
• +4 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Shell MalaysiacoreChannel Partner/ Reseller/ DistributoriMotorbike operates 13 co-branded inspection centres at Shell petrol stations across Malaysia, enabling customers to access free inspections and motorcycle evaluations at convenient roadside locations. The partnership provides Shell customers with motorcycle services while giving iMotorbike prime physical locations in high-traffic areas.
• Berjaya Sompo InsurancecoreStrategic or Co-development PartnerBerjaya Sompo partnered with iMotorbike to expand reach in the motorcycle insurance segment. The partnership enables iMotorbike to bundle insurance products with motorcycle sales and provides Berjaya Sompo with a distribution channel for motorcycle insurance through iMotorbike's sales network. Featured in The Edge Malaysia and Berita Harian coverage.
• Sidec (Selangor Information Technology and Digital Economy Corporation)minorStrategic or Co-development PartnerIn November 2025, Sidec partnered with PNSB and Artem Ventures to launch the RM100 million Ehsan Semiconductor Fund. While not a direct product partnership with iMotorbike, Sidec is connected through PNSB Innovation Ventures' investment in iMotorbike as part of Selangor's startup ecosystem support.
• Artem VenturesminorStrategic or Co-development PartnerArtem Ventures co-launched the RM100 million Ehsan Semiconductor Fund with Sidec and PNSB in November 2025. Connected to iMotorbike through PNSB's investment portfolio.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Carsome: Southeast Asia's largest used car marketplace, headquartered in Malaysia, with inspection centres, financing, and warranty offerings on preowned vehicles. Directly comparable marketplace-and-physical-inspection model applied to cars rather than motorcycles, serving the same Malaysian customer base.
• Carro: Singapore-headquartered online used car marketplace with full-stack inspection, financing, and warranty, expanding across Southeast Asia including Malaysia and Indonesia. Closest direct analog in business model and regional footprint, applied to cars rather than motorcycles.
• Droom: India's leading online automobile marketplace offering vehicle inspection, financing, warranty, and pricing intelligence across multiple vehicle categories including two-wheelers. Highly comparable full-stack marketplace model with similar add-on services, though operating in a different geography.
• Cars24: India-headquartered online used car marketplace that buys and resells vehicles directly after inspection, with integrated financing and warranty. Closely mirrors iMotorbike's "buy-and-resell" inventory model and physical inspection centre footprint, though focused on cars.

Broad incumbents

• Mudah.my: Malaysia's largest general-purpose classifieds platform, with a substantial motorcycles category that competes directly for seller listings. Asset-light model offers free listings, creating a price-anchoring alternative for individual sellers who might otherwise use iMotorbike.
• OLX Motors (Carousell Group): Large-scale global classifieds operator with strong two-wheeler vertical presence across South and Southeast Asia. Asset-light competitor with no physical inspection layer; relevant as a price ceiling on seller acquisition.

Emerging players

• Carousell Malaysia: Singapore-founded mobile marketplace with strong Malaysia presence, listing preowned motorcycles among many categories. Competes at the lower-funnel seller acquisition stage with zero listing fees, but lacks inspection/warranty infrastructure.
• BikeWale: India's leading two-wheeler discovery and reviews platform with marketplace and dealer-listing capabilities. Directly comparable motorcycle-vertical focus, though weighted toward new bikes and editorial content rather than preowned transactions.
• Vroom (now part of Carvana): US-based online used vehicle marketplace that bought, inspected, and resold preowned vehicles with financing and warranty before scaling back. Model parallels iMotorbike's buy-and-resell approach, though applied to cars in a different regulatory and geographic context.

Regional players

• Hong Leong Yamaha Motor: One of Malaysia's major authorised motorcycle distributors and dealer groups, selling new and used bikes through branded showrooms. Competes at the dealer-inventory level in Malaysia and represents an alternative channel for preowned motorcycle buyers in the same geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/imotorbikecom
• Facebookfacebook.com/imotorbike
• LinkedInlinkedin.com/company/imotorbike
• Instagraminstagram.com/imotorbike.my?igsh=MWF1bmI1Y3ZqejV6NA==
• TikToktiktok.com/@imotorbike.my?_t=8jIplwiIEhl&_r=1

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds8 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iMotorbike