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Vehicle service startup GoMechanic raises funding from Chiratae, Sequoia

Dec 30, 2019 by The Passage Team
Vehicle service startup GoMechanic raises funding from  Chiratae, Sequoia

Gurugram-based vehicle service and repair startup GoMechanic has raised Rs 105 crore in a Series-B funding led by Chiratae Ventures and Sequoia Capital with Orios Venture Partners also participating in the fundraise.

GoMechanic’s current investors include Sequoia Capital, Orios Ventures Partners, Snapdeal founders Kunal Bahl and Rohit Bansal, and angel investor Dhianu Das. It had raised Rs 35 crore in a Series-A round led by Sequoia Capital and Orios Venture Partners in January this year.

GoMechanic, which is present through 215 workshops in nine cities, plans to use the funds to scale up its operations and expand to about 30 cities in 2020. By December 2021, GoMechanic aims to scale up its pan-India workshop network to 1,000.

Source: Livemint

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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