GoMechanic - About the company
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 124 active competitors, including 17 funded and 3 that have exited. Its top competitors include companies like MyTVS, VehicleCare and GoBumpr.
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
Last Known Valuation
$***** as on Mar 11, 2023
Investors
Ranked
1st among 124 active competitors
Annual Revenue
₹145Cr as on Mar 31, 2025
Employee Count
171 as on May 31, 2025
Investment & Acquisitions
Exit Details
Acquired by Servizzy (Mar 29, 2023)
Legal entities associated with GoMechanic
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) | 171 (As on May 31, 2025) |
GoMechanic's acquisition details
GoMechanic got acquired by Servizzy on Mar 29, 2023. It was facilitated by Shardul Amarchand Mangaldas.
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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 08, 2023 | 6870904 | Venture Debt | 7921553 | 7582202 | 1266623 | 5999812 |
Jun 08, 2021 | 5975129 | Series C | 4403308 | 4890412 | 7517405 | |
Nov 19, 2019 | 9177731 | Series B | 7814416 | 2610006 |
Access funding benchmarks and valuations. Sign up today!View details of GoMechanic's funding rounds and investors
GoMechanic's founders and board of directors
Founder? Claim ProfileThe 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.Contact Info: 1 email address
- Amit Bhasin: Former Co-Founder of GoMechanic. They are also an angel investor in 4 startups and serve on the board of 1 company.
- Puneet Gulati: Former Co-Founder of GoMechanic and founder of 1 other company. Contact Info: 1 email address
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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GoMechanic's Competitors and alternates
Top competitors of GoMechanic include MyTVS, VehicleCare and GoBumpr. Here is the list of Top 10 competitors of GoMechanic, 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 | 80/100 | |
2nd | Online platform for booking automotive repair and maintenance services | $204M | 67/100 | ||
3rd | VehicleCare 2019, Gurugram (India), Seed | AI-based platform offering car repair and maintenance services | $375K | 61/100 | |
4th | Provider of app-based garage aggregator for auto repair and maintenance services | $2.66M | 58/100 | ||
5th |  Ki Mobility Solutions 2020, Chennai (India), Series B | Digital automotive marketplace platform | $11.4M | 52/100 | |
6th |  Wheels Wisdom 2015, Bengaluru (India), Seed | Online platform for booking car repair and inspection services | $404K | - | 44/100 |
7th | Hoopy Services 2016, Bengaluru (India), Deadpooled | Online marketplace for automobile service providers | $1.64M | 44/100 | |
8th | Online aggregator of repair services | $15.1M | 43/100 | ||
9th | Online portal for car servicing | $2.72M | 40/100 | ||
10th | Automovill 2015, Bengaluru (India), Seed | Online B2C aggregator of auto repair & maintenance services | $1.7M | 39/100 |
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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 | 2415370 | 4431497 | 9007922 | 6068426 |
8429445 | 1216412 | 3690404 | 6935944 | 8365435 | 3444550 | |
Fund | 65.01% | 1,370Cr | 3727221 | 3283946 | 6822952 | 9979169 |
4378970 | 2201436 | 6785099 | 9578863 | 5661064 | 8983689 | |
2846016 | 3526193 | 7730269 | 9457556 | 6188764 | 8409988 | |
71014 | 24548 | 34680 | 76217 | 66012 | 66464 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Angel | 3.54% | 74.4Cr | 534 | 894 | 462 | 827 |
6 | 5 | 3 | 2 | 7 | 8 | |
Other People | 14.17% | 298Cr | 6400095 | 9535372 | 7487940 | 2676562 |
ESOP Pool | 5.70% | 120Cr | 56488 | 40651 | 23869 | 35398 |
Total | 100.00% | 2,100Cr | 1176070 | 8353052 | 3844386 | 3854835 |
To unlock detailed Cap Table of GoMechanic Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView 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
Filter this listMedia has covered GoMechanic for a total of 8 events in the last 1 year, 4 of them have been about company updates.
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How India's start-ups can outlast the funding slowdownBusiness Today•Apr 15, 2026•GoMechanic, Bigbasket
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Argus Partners Advises Spinny on its Acquisition of GoMechanicLegal 500•Mar 06, 2026•Argus Partners, GoMechanic
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Spinny Acquires GoMechanic with $160M Fundingnewsdirectory3.com•Dec 14, 2025•Spinny, GoMechanic, Accel, WestBridge Capital and 1 other
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Garage Services Online to support Irish workshops at business growth eventTyrepress•Jul 11, 2025•GoMechanic
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30K Startups Down-Despite ₹468 Cr in Seed Funding & $150B in CapitalTice News•May 06, 2025•Log9, Blu-Smart, GoMechanic
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GoMechanic eyes over 3-fold biz growth to Rs 700 cr by 2027 before launching IPOMoneycontrol•Dec 25, 2024•GoMechanic
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