| Date | Title | Description |
| 01.05.2024 | India’s companies thrive on public markets, but VCs are holding back | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Samreen Ahmad · 1d ago · 5 min readIndia’s companies thrive on public markets, but ... |
| 10.11.2023 | GoMechanic valued at $20 Mn in new fundraise | Car-servicing startup GoMechanic has raised money after nearly 30 months. And it seems like a rebuild from almost scratch, as the Gurugram-based company has roped in two dozen investors to raise $6 million as it tries to get back on its fee... |
| 08.11.2023 | GoMechanic says secures $6 mn in first capital raise after acquisition | Automobile car service and repair company GoMechanic, which was recently acquired by a subsidiary of the Lifelong Group after its co-founders admitted to fraud, said Wednesday it has raised $6 million (around Rs 50 crore) in a new funding r... |
| 08.11.2023 | GoMechanic 2.0: New Founders secure $6 mn funding from marquee investor | Beleaguered car servicing startup GoMechanic has secured $6 million in capital. The funding comes several months after GoMechanic founders admitted to financial irregularities and investors began an insolvency process. In March this year, t... |
| 11.03.2023 | GoMechanic Finds A Buyer In CarTrade, Beleaguered Startup Valued At Over $30 Mn | CarTrade has reportedly valued GoMechanic at a little over $30 Mn, a steep decline from its post-money valuation of $285 Mn in June 2021
Besides CarTrade, another investor firm is also involved in the deal
The development comes almost two m... |
| 13.09.2022 | SoftBank plans to invest $35 M in India’s GoMechanic | One of the Japanese investor’s smaller bets in India by its Vision Fund, which generally signs bigger checks, is in discussions to invest $35 million in Indian vehicle servicing and repair firm GoMechanic, according to two individuals who s... |
| 06.09.2022 | SoftBank plans to invest $35 million in Indian car service and repair tech startup GoMechanic | Last month, SoftBank reported its biggest ever loss, posting a $21.6 billion in just three months. But that has stopped the firm from making smaller bets on promising and innovative tech startups. This morning, Reuters is reporting that Sof... |
| 05.07.2022 | Auto service firm GoMechanic launches Rs 30 cr partner stock option scheme | GoMechanic, the aftermarket automotive service and maintenance platform, launched a Rs 30 crore partner stock option for its services partners, workshops, retailers, distributors and consultants across India.
The stock options will have a 4... |
| 11.02.2022 | 3-Point Seat Belt Now Compulsory For Front Passengers In Car: How Will It Work? | Three-point seatbelt was first patented by Volvo in August 1959.
The government has made having three-point seat belts for all front-facing passengers in a car mandatory.
Contents
1 First Company To Develop The Belt
2 Indian Cars Fall Short... |
| 09.02.2022 | Tiger Global in talks to invest in GoMechanic at over $1 billion valuation | Tiger Global is in talks to lead a new financing round in GoMechanic, an India startup that operates a network of technology-enabled automobile service centres, two sources familiar with the matter said.
The proposed talks for the Gurugram-... |
| 23.06.2021 | Tiger Global leads $42m funding in Indian car service startup GoMechanic | Premium
Gurugram-based GoMechanic, a technology-enabled auto after-sales service and spare parts company, has raised $42 million in a Series C round led by New York-based investment firm Tiger Global Management, per an announcement on Wedne... |
| 23.06.2021 | GoMechanic secures $42mn in Series C funding round led by Tiger Global | GoMechanic, the technology-enabled auto after-sales service and spare parts company, has secured $42 million in Series C funding in a round led by Tiger Global Management with the existing investors Sequoia Capital India, Orios Venture Part... |
| 23.06.2021 | Tiger Global leads $42m funding in Indian car service startup GoMechanic | Gurugram-based GoMechanic, a technology-enabled auto after-sales service and spare parts company, has raised $42 million in a Series C round led by New York-based investment firm Tiger Global Management, per an announcement on Wednesday.
Ex... |
| 23.06.2021 | GoMechanic closes Series C round at $42 mn, allocates $5 mn for ESOP buyback | Joseph Rai 23 Jun, 2021
Automobile servicing platform GoMechanic closed its Series C funding round at $42 million (Rs 352 crore), it said in a statement on Wednesday. The round was led by alternative investment firm Tiger Global Management.... |
| 23.06.2021 | GoMechanic raises $42 million in Series C funding led by Tiger Global, Sequoia Capital | Founded by Kushal Karwa, Amit Bhasin, Rishabh Karwa and Nitin Rana in 2016, GoMechanic promises doorstep pickup and drop.
Technology-enabled car service startup GoMechanic said on June 23 that it had raised $42 million in Series C funding l... |
| 23.06.2021 | GoMechanic Secures $42 Mn Series C Funding | June 23, 2021 3 min read
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Technology-enabled auto aftersales service and spare parts company ... |
| 23.06.2021 | GoMechanic raises $42 million in funding led by Tiger Global | ETtechIllustration: Rahul Awasthi
Car servicing startup GoMechanic on Wednesday said it has raised $42 million (around Rs 311 crore) in a funding round led by Tiger Global Management. The Series C funding round also saw participation from e... |
| 13.06.2021 | Gurugram-based GoMechanic Raised USD 35 Million In Series C Funding Round | Multi-brand car workshop and spare parts platform GoMechanic has raised $35 million in its Series C round led by Tiger Global Management. The Gurugram-based company was in talks with a couple of blue-chip investors, including the New York-b... |
| 20.04.2021 | Tiger in talks to invest $100 mn in GoMechanic | Tiger in talks to invest $100 mn in GoMechanicPremium(From left) GoMechanic co-founders Kushal Karwa, Nitin Rana, Amit Bhasin and Rishabh Karwa. 1 min read . Updated: 20 Apr 2021, 12:20 AM IST Deborshi Chaki, Swaraj Singh Dhanjal
Founded by... |
| 30.12.2019 | [Funding alert] GoMechanic raises $14.7M in Series B round led by Sequoia Capital, Chiratae Ventures | Gurugram-based automotive service startup GoMechanic has raised Rs 105 crore in Series B funding round led by existing investor Sequoia Capital and a new partner Chiratae Ventures, while Orios Venture Partners also participated in the round... |
| 30.12.2019 | GoMechanic secures Rs 105 Cr in Series B round led by Chiratae and Sequoia | After being in advanced stages of raising funds for the past four months, automobile repair and service solutions startup GoMechanic has secured Rs 105 crore in a Series B funding round led by Chiratae Ventures and Sequoia Capital.
Orios Ve... |
| 23.01.2019 | Sequoia leads $5 Mn Series A round in car servicing startup GoMechanic | In what looks like the first funding in the online car servicing industry for CY19, GoMechanic, a three-year-old startup has received Rs 30-35 crore ($4-5 million) from Sequoia Capital in a Series A round.
GoMechaninc founder Kushal Karwa i... |
| 23.01.2019 | GoMechanic raises up to $4.9m in funding round led by Sequoia Capital | Premium
Automobile repair and service solution startup GoMechanic has raised ₹30-35 crore ($4-$4.9 million) in a Series A round led by Sequoia Capital, said three people aware of the development, requesting anonymity.
Continue reading this ... |
| - | Funding Galore: Startup Fundings Of The Week [5 December – 10 December] | This week 14 startups raised over $12 Mn in funding altogether. (Funding amount is based on the startups that disclosed their funding amounts.)Startup Fundings Of The Week
Rupaiya Exchange: Delhi-based fintech startup that facilitates peer-... |
| - | [Funding alert] GoMechanic raises $42M from Tiger Global, Sequoia, others | Spare parts and multi-brand car workshop GoMechanic has raised $42 million in Series C funding round led by Tiger Global Management, with Sequoia Capital India, Orios Venture Partners and Chiratae Ventures participating in the rou... |
| - | GoMechanic | “Book Car Service & Repairs, Car Wash, Denting-Painting, Car Wheel Care Services at Best Car Garages in Ludhiana.” |
| - | Sequoia Leads Up to $4.9 Mn Funding In Automobile Service Startup GoMechanic | Gurugram-based automobile repair and service solution startup GoMechanic has reportedly raised $4 Mn – $4.9 Mn (INR 30-35 Cr) in a Series A round led by Sequoia Capital. It may use fresh funds to expand to new cities and bulk up hiring at l... |
| - | GoMechanic launches extended warranty package starting Rs 200 a month, to expand reach to 1,500 workshops across India | GoMechanic, an automotive service and maintenance startup has launched its new range of Extended Warranty Packages targeted for the passenger vehicle market.
The company is introducing 5 Unique Warranty packages, including an Authorised War... |
| - | Seven months post-acquisition, GoMechanic secures $6M in fresh capital
Recommended Stories For You | Car service and repair firm GoMechanic, which was acquired by Lifelong Group’s Servizzy seven months ago following financial irregularities, has secured $6 million in fresh capital.
The funding was led by a “marquee” investor, along with ... |
