CARZ - About the company
CARZ is a series A company based in Hyderabad (India), founded in 2008 by Vijay Kumar Gummadi. It operates as a Provider of multi-brand car servicing & repairing services. CARZ has raised $8.49M in funding from investors like New Enterprise Associates, IndoUS Venture Partners and Srinivasa Farms, with a current valuation of $*****. The company has 332 active competitors, including 21 funded and 7 that have exited. Its top competitors include companies like GoMechanic, GoBumpr and Ki Mobility Solutions.
Company Details
- Website
- www.carz.in/
- Social
- Email ID
- *****@carz.in
- Phone Number
- +91 **********
- Registered Address
- PLOT NO. 23, SURVEY NO. 11/7 AYYAPPA SOCIETY, MADHAPUR, Hyderabad, HYDERABAD, Telangana, India, 500081
Key Metrics
Founded Year
2008
Location
Hyderabad, India
Stage
Series A
Total Funding
$8.49M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 08, 2014
Investors
Ranked
16th among 332 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
98 as on Aug 31, 2026
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Legal entities associated with CARZ
CARZ is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHITRALAYAM STUDIOS LLP CIN: AAN-1709 , India, Strike off | Aug 21, 2018 | - | - | |
VAHAN MOTORS PRIVATE LIMITED CIN: U60200TG2008PTC058226 , India, Active | Mar 18, 2008 | 0 - ₹10 Cr (As on Mar 31, 2024) | 3 (As on Dec 31, 2020) |
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CARZ's funding and investors
CARZ has raised a total funding of $8.49M over 4 rounds. Its first funding round was on Aug 31, 2009. Its latest funding round was a Series A round on Aug 08, 2014 for $*****. 3 investors participated in its latest round. CARZ has 5 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of CARZ:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 08, 2014 | 6060725 | Series A | 9256230 | 2470221 | 4741188 | 3378247 |
Oct 10, 2012 | 6976258 | Series A | 8195947 | 7825876 | 1203882 | 5877331 |
Mar 09, 2011 | 8983591 | Series A | 6975849 | 3508393 |
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CARZ's founders and board of directors
Founder? Claim ProfileThe founders of CARZ is Vijay Kumar Gummadi.
Here are the details of CARZ's key team members:
- Vijay Kumar Gummadi: Former Co-Founder of CARZ and founder of 1 other company. They serve on the boards of 2 companies.Contact Info: 1 email address
CARZ's Board of Directors
CARZ's board has 1 active member. Vijay Kumar Gummadi is part of team.Here is the list of CARZ's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 18y 5m |
View details of CARZ's Founder profiles and Board Members
CARZ's employee count trend
CARZ has 98 employees as of Aug 26. Here is CARZ's employee count trend over the years:
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CARZ's Competitors and alternates
Top competitors of CARZ include GoMechanic, GoBumpr and Ki Mobility Solutions. Here is the list of Top 10 competitors of CARZ, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GoMechanic 2016, Gurugram (India), Acquired | Provider of car service and repair network | $62M | 79/100 | |
2nd | Provider of app-based garage aggregator for auto repair and maintenance services | $2.66M | 63/100 | ||
3rd |  Ki Mobility Solutions 2020, Chennai (India), Series B | Digital automotive marketplace platform | $11.4M | 61/100 | |
4th | Automotive aftermarket and vehicle service platform | $223M | 57/100 | ||
5th | VehicleCare 2019, Gurugram (India), Acquired | Chains providing vehicle repair maintenance and insurance claim management services | $375K | 54/100 | |
6th | Online portal for car servicing | $2.57M | 46/100 | ||
7th | Online aggregator of repair services | $15.1M | 45/100 | ||
8th | Automotive marketplace and provider of car repair, maintenance, inspection, warranty, RSA, auto insurance, challan, RTO services | - | - | 44/100 | |
9th | Letsservice 2015, Bengaluru (India), Series A | App-based garage aggregator for automotive repairing & maintenance services | $7.98M | 43/100 | |
10th | Automovill 2015, Bengaluru (India), Seed | Online B2C aggregator of auto repair & maintenance services | $1.7M | 42/100 | |
16th | Provider of multi-brand car servicing & repairing services | $8.49M | 35/100 |
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CARZ's Investments and acquisitions
CARZ has made no investments or acquisitions yet.
Reports related to CARZ
Here is the latest report on CARZ's sector:
News related to CARZ
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CarZ Launches First ‘Franchisee Owned Franchise Operated’ Centre In BhopalFranchise India•Mar 13, 2020•CARZ
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IndoUS Ventures-backed CarZ in talks with PE players to raise $15M in Series BVCCircle•May 16, 2013•CARZ
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