When was GoMechanic founded?

GoMechanic was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is GoMechanic located?

GoMechanic is headquartered in Gurugram, India. It is registered at SHOP NO 8, RAMESH MARKET, DAYANAND COLONY, LAJPAT NAGAR, New Delhi, DELHI, Delhi, India, 110024.

Which legal entities is GoMechanic associated with?

GoMechanic is associated with TARGETONE INNOVATIONS PRIVATE LIMITED and 1 other.

How many employees does GoMechanic have?

As of May 31, 2025, the latest employee count at GoMechanic is 171.

Is GoMechanic a funded company?

GoMechanic is a funded company, having raised a total of $62M across 7 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Dec 08, 2016.

How much is GoMechanic worth?

The last known valuation of GoMechanic was $***** as of Mar 11, 2023.

When was the latest funding round of GoMechanic?

GoMechanic's latest funding was a $***** Venture Debt round on Nov 08, 2023, with participation from 1 investor. Its primary sector is Auto Retail & Aftersales. Globally, the Auto Retail & Aftersales sector has seen $797M in funding in 2026 to date.

What is the annual revenue of GoMechanic?

Annual revenue of GoMechanic is ₹145Cr as on Mar 31, 2025.

Where does GoMechanic rank among its competitors?

GoMechanic ranks 1st amongst 163 active competitors, of which 20 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was VehicleCare, which secured $36.2K in Mar, 2024.

Who are the top competitors of GoMechanic?

GoMechanic's top competitors include myTVS, GoBumpr and Ki Mobility Solutions. Among them, VehicleCare secured the most recent funding round in March, 2024.

GoMechanic - 2026 Company Profile, Team, Funding, Competitors & Financials

GoMechanic is an acquired company based in Gurugram (India), founded in 2016 by Kushal Karwa, Rishabh Karwa, Nitin Rana, 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 163 active competitors, including 20 funded and 4 that have exited. Its top competitors include companies like myTVS, GoBumpr and Ki Mobility Solutions.

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.

Website: gomechanic.in/vijayawada
Social
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

Latest Funding Round

Venture Debt, Nov 08, 2023, $*****

Last Known Valuation

$***** as on Mar 11, 2023

Investors

Sequoia Capital & 17 more

Ranked

1^st among 163 active competitors

Annual Revenue

₹145Cr as on Mar 31, 2025

Employee Count

171 as on May 31, 2025

Investment & Acquisitions

Vow Car Clinic

Similar Companies

RepairPal & 862 more

Exit Details

Acquired by Servizzy (Mar 29, 2023)

View GoMechanic's full profile

GoMechanic is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TARGETONE INNOVATIONS PRIVATE LIMITED CIN: U74999DL2016PTC300195 , India, Active	May 23, 2016	$38.6M (As on Mar 31, 2023)	534 (As on Jan 01, 2023)
SERVICE EASY TECHNOLOGY PRIVATE LIMITED CIN: U50400HR2021PTC097130 , India, Active	Aug 20, 2021	$17.1M (As on Mar 31, 2025)	166 (As on Mar 01, 2026)

GoMechanic got acquired by Servizzy on Mar 29, 2023.

Click here to take a look at GoMechanic's acquisition in detail

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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 08, 2023	6461483	Venture Debt	1626698	3390605	3863290	8868095
Jun 08, 2021	7314433	Series C	1306300	9130052	9379822	Orios Venture Partners & 2 more
Nov 19, 2019	5828471	Series B	2911517	7539837	Chiratae Ventures & 1 more	Orios Venture Partners

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View details of GoMechanic's funding rounds and investors

The founders of GoMechanic are Kushal Karwa, Rishabh Karwa, Nitin Rana, Amit Bhasin, Puneet Gulati, Himanshu Arora and Muskan Kakkar.

Here are the details of GoMechanic's key team members:

Kushal Karwa: Former Co-Founder of GoMechanic and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address
Rishabh Karwa: Former Co-Founder of GoMechanic. They are also an angel investor in 4 startups and serve on the board of 1 company.
Nitin Rana: Former Co-Founder of GoMechanic. They are also an angel investor in 3 startups and serve on the board of 1 company.
Amit Bhasin: Former Co-Founder of GoMechanic. They are also an angel investor in 4 startups and serve on the board of 1 company.
Contact Info: 1 phone number
Puneet Gulati: Former Co-Founder of GoMechanic and founder of 1 other company.
Contact Info: 1 email address

GoMechanic's Board of Directors

GoMechanic's board has 4 active members. Kushal Karwa, Rishabh Karwa, Nitin Rana and Amit Bhasin are part of team.

Here is the list of GoMechanic's board of directors:

Name	Type	Representing	Status	Duration
Kushal Karwa	Team	-	Current	9y 11m
Rishabh Karwa	Team	-	Current	4y 11m
Nitin Rana	Team	-	Current	4y 11m
Amit Bhasin	Team	-	Current	9y 11m

View details of GoMechanic's Founder profiles and Board Members

GoMechanic's employee count trend

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

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Top competitors of GoMechanic include myTVS, GoBumpr and Ki Mobility Solutions. 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	GoMechanic 2016, Gurugram (India), Acquired	Provider of car service and repair network	$62M	Sequoia Capital, Tiger Global Management ... & 16 others	80/100
2nd	myTVS 2003, Chennai (India), Series C	Provider of automotive service solutions	$223M	Mitsubishi Corporation, Kitara Capital & 31 others	65/100
3rd	GoBumpr 2015, Chennai (India), Acquired	Provider of app-based garage aggregator for auto repair and maintenance services	$2.66M	Acsys Investments, Keiretsu Forum & 58 others	64/100
4th	Ki Mobility Solutions 2020, Chennai (India), Series B	Digital automotive marketplace platform	$11.4M	Pratithi Investments, SeaLink Capital Partners ... & 9 others	61/100
5th	VehicleCare 2019, Gurugram (India), Acquired	AI-based platform offering car repair and maintenance services	$375K	MTC Group, JITO Incubation & Innovation Foundation ... & 9 others	55/100
6th	Carcrew 2015, Mumbai (India), Acqui-Hired	Online portal for car servicing	$2.57M	TVS Group, Arvog & 11 others	46/100
7th	Pitstop 2015, Bengaluru (India), Series A	Online aggregator of repair services	$15.1M	Ventureast, Goldbell & 60 others	45/100
8th	Fixcraft 2018, Gurugram (India), Seed	Online platform offering car repair and maintenance services	$2.29M	Wellfound, Astir Ventures & 52 others	45/100
9th	Letsservice 2015, Bengaluru (India), Series A	App-based garage aggregator for automotive repairing & maintenance services	$7.98M	Aequs, Kalaari Capital & 37 others	43/100
10th	honc 2020, Hyderabad (India), Seed	App-based onsite car service, wash and detailing service booking platform	$433K	100X.VC, Dholakia Ventures & 24 others	43/100

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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	7800956	5393427	5951190	3096018
Amit Bhasin	4874506	9647423	9073795	7981273	8090054	9674447
Fund	65.01%	1,370Cr	4755282	1177925	8328858	4117951
Sequoia Capital	4981363	2137254	7284411	1450839	5032433	9070688
Tiger Global Management	8167658	7119000	1048041	9622079	6544296	5225956
Chiratae Ventures	59489	45058	66973	93333	62777	48438
Orios Venture Partners	0	0	0	0	0	0
Angel	3.54%	74.4Cr	153	336	622	812
Kunal Bahl	8	4	1	3	1	4
Other People	14.17%	298Cr	8269632	7661900	3048249	8859883
ESOP Pool	5.70%	120Cr	31532	79661	45209	95298
Total	100.00%	2,100Cr	8986957	5661069	1585238	9126839