GoMechanic gets funding from Dr Pawan Munjal
Date: 18 Jun 2020
a technology-enabled car service platform offering car service at the click of
a button, announced securing an investment from Dr Pawan Munjal, Chairman, MD
&CEO, Hero MotoCorp. This investment made by Dr. Munjal in his personal
capacity, comes in addition to the Series B round of institutional funding
received by GoMechanic and will be used by the company to strengthen its
technology stack, fuel geographical expansion, streamline spare parts
procurement and amplify brand promotion.
has already raised funds from prominent investors such as Sequoia Capital,
Chiratae Ventures, Rohit Bansal, Kunal Bahl, Orios and Dhianu Das.
by Kushal Karwa, Amit Bhasin, Rishabh Karwa and Nitin Rana in 2016, GoMechanic
is India’s largest network of technology-enabled car service centers offering a
seamless car service experience at the convenience of a tap. The venture which
works on the franchise owned, company operated model, has in the past 4 years,
built a network of 280+ car repair workshops across Delhi-NCR, Hyderabad,
Mumbai, Pune, Bengaluru, Chennai, Ahmedabad, Pune and Chandigarh. GoMechanic
plans to add other verticals in order to become an end to end service provider
in this space.