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GoMechanic - About the company

GoMechanic is an acquired company based in Gurugram (India), founded in 2016 by Kushal Shailesh Karwa, Rishabh Shailesh Karwa, Amit Bhasin, Puneet Gulati, Himanshu Arora and Muskan Kakkar. It operates as a Provider of car service and repair network. GoMechanic has raised $62M in funding from investors like Sequoia Capital, Orios Venture Partners and Tiger Global Management, with last known valuation of $*****. The company has 188 active competitors, including 21 funded and 4 that have exited. Its top competitors include companies like GoBumpr, Ki Mobility Solutions and myTVS.

Company Details

Provider of car service and repair network. This network connects vehicle owners with local garages for scheduled maintenance, AC repair, cleaning, detailing, and other services. It offers services for various car brands and provides access to a range of repair options, including denting, painting, insurance work, and custom repairs. The network also facilitates services related to batteries, tires, windshields, and detailing. Luxury and popular car brands are supported.
Social
XFacebook
Email ID
*****@gomechanic.in
Phone Number
+91 **********
Registered Address
SHOP NO 8, RAMESH MARKET, DAYANAND COLONY, LAJPAT NAGAR, New Delhi, DELHI, Delhi, India, 110024
Key Metrics
Founded Year
2016
Location
Gurugram, India
Stage
Acquired
Total Funding
$62M in 7 rounds
Last Known Valuation
$***** as on Mar 11, 2023
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
171 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Servizzy (Mar 29, 2023)

GoMechanic's acquisition details

GoMechanic got acquired by Servizzy on Mar 29, 2023.
Click here to take a look at GoMechanic's acquisition in detail
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GoMechanic's funding and investors

GoMechanic has raised a total funding of $62M over 7 rounds. Its first funding round was on Dec 08, 2016. Its latest funding round was a Venture Debt round on Nov 08, 2023 for $*****. 1 investor participated in its latest round. GoMechanic has 12 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of GoMechanic:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 08, 2023
7586116
Venture Debt
1837996
9853662
1382149
3478273
Jun 08, 2021
5885304
Series C
5709801
5526136
8694237
Nov 19, 2019
2622555
Series B
2537544
6753477
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GoMechanic's founders and board of directors

Founder? Claim Profile
Here are the details of GoMechanic's key team members:

GoMechanic's Board of Directors

GoMechanic's board has 4 active members. Kushal Shailesh Karwa, Rishabh Shailesh Karwa, Amit Bhasin and Nitin Rana are part of team.
Here is the list of GoMechanic's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 3m
Team
-
Current
5y 2m
Team
-
Current
10y 3m
Team
-
Current
5y 2m

GoMechanic's employee count trend

GoMechanic has 171 employees as of May 25. Here is GoMechanic's employee count trend over the years:
Employee count trend for GoMechanic
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GoMechanic's Competitors and alternates

Top competitors of GoMechanic include GoBumpr, Ki Mobility Solutions and myTVS. Here is the list of Top 10 competitors of GoMechanic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GoMechanic
GoMechanic
2016, Gurugram (India), Acquired
Provider of car service and repair network
$62M
79/100
2nd
Logo for GoBumpr
GoBumpr
2015, Chennai (India), Acquired
Provider of app-based garage aggregator for auto repair and maintenance services
$2.66M
63/100
3rd
Logo for Ki Mobility Solutions
Ki Mobility Solutions
2020, Chennai (India), Series B
Digital automotive marketplace platform
$11.4M
61/100
4th
Logo for myTVS
myTVS
2003, Chennai (India), Series C
Automotive aftermarket and vehicle service platform
$223M
57/100
5th
Logo for VehicleCare
VehicleCare
2019, Gurugram (India), Acquired
Chains providing vehicle repair maintenance and insurance claim management services
$375K
54/100
6th
Logo for Carcrew
Carcrew
2015, Mumbai (India), Acqui-Hired
Online portal for car servicing
$2.57M
46/100
7th
Logo for Pitstop
Pitstop
2015, Bengaluru (India), Series A
Online aggregator of repair services
$15.1M
45/100
8th
Logo for CarVaidya
CarVaidya
2022, Delhi (India), Unfunded
Automotive marketplace and provider of car repair, maintenance, inspection, warranty, RSA, auto insurance, challan, RTO services
-
-
44/100
9th
Logo for Letsservice
Letsservice
2015, Bengaluru (India), Series A
App-based garage aggregator for automotive repairing & maintenance services
$7.98M
43/100
10th
Logo for Automovill
Automovill
2015, Bengaluru (India), Seed
Online B2C aggregator of auto repair & maintenance services
$1.7M
42/100
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GoMechanic's Latest cap tables and shareholding

Founders own 11.59%, Funds (largest shareholder) own 65.01%, Angels own 3.54% and Other People own 14.17%. The net worth of GoMechanic's founders is INR 243Cr as of Nov 18, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
11.59%
243Cr
9863947
1016177
8715791
2407414
3640340
4038008
6268874
5532927
3890922
6594599
Fund
65.01%
1,370Cr
3499693
1062502
4048914
9945355
9915938
3250955
3681597
2375656
2499654
7816773
1667736
7824728
3017430
4932618
6414188
8247259
33586
45841
51961
92427
80126
11289
0
0
0
0
0
0
Angel
3.54%
74.4Cr
464
349
421
880
1
1
7
2
2
2
Other People
14.17%
298Cr
8960843
4619644
9360219
6861990
ESOP Pool
5.70%
120Cr
47964
99062
99214
47240
Total
100.00%
2,100Cr
9447438
2215619
6211421
6483362
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of GoMechanic's Shareholding

GoMechanic's Investments and acquisitions

GoMechanic has acquired Vow Car Clinic. GoMechanic has not made any investments as of now.

Reports related to GoMechanic

Here is the latest report on GoMechanic's sector:

News related to GoMechanic

lockFilter this list
Media has covered GoMechanic for a total of 6 events in the last 1 year, 2 of them have been about company updates.
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FAQs about GoMechanic

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