Pitstop - About the company
Pitstop is a series A company based in Bengaluru (India), founded in 2015 by Mihir Mohan and Atirek Sinha. It operates as an Online aggregator of repair services. Pitstop has raised $15.1M in funding from investors like Ventureast, Goldbell and Mercedes-Benz, with a current valuation of $*****. The company has 161 active competitors, including 21 funded and 4 that have exited. Its top competitors include companies like GoMechanic, GoBumpr and Ki Mobility Solutions.
Company Details
Online aggregator of repair services. It offers a digital platform for car repair and maintenance services. The platform uses artificial intelligence to streamline fleet management and provide personalized services to customers. It provides an estimated cost of service. It also offers options for doorstep pickup and delivery. It provides status tracking in real time.
- Website
- www.getpitstop.com
- Social
- Email ID
- *****@getpitstop.com
- Phone Number
- +91 **********
- Registered Address
- BHIVE Workspace, L-148, 5th Main Road, Sector 6, HSR Layout, Bangalore, Bengaluru, Karnataka, India, 560102
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Series A
Total Funding
$15.1M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 03, 2022
Investors
Ranked
8th among 161 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
24 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Pitstop
Pitstop is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHATPAY COMMERCE PRIVATE LIMITED CIN: U72900KA2015PTC080890 , India, Active | Jun 15, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | 34 (As on Mar 31, 2023) |
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Pitstop's funding and investors
Pitstop has raised a total funding of $15.1M over 9 rounds. Its first funding round was on Aug 20, 2015. Its latest funding round was a Series A round on Aug 02, 2022 for $*****. 8 investors participated in its latest round. Pitstop has 17 institutional investors and 45 angel investors.
Here is the list of recent funding rounds of Pitstop:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 02, 2022 | 5719195 | Series A | 9610706 | 1230111 | 1047310 | 7002151 |
Feb 01, 2022 | 5959843 | Series A | 7388100 | 9349019 | 4241705 | |
Mar 30, 2021 | 1676432 | Series A | 4132595 | 9771933 |
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Pitstop's founders and board of directors
Founder? Claim ProfileHere are the details of Pitstop's key team members:
- Mihir Mohan: Co-Founder & CEO of Pitstop and founder of 2 other companies, Unamia and Tbox. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Atirek Sinha: Former Co-Founder of Pitstop.
Pitstop's Board of Directors
Pitstop's board has 2 active members. Anurag Srivastava and Mihir Mohan are part of team.Here is the list of Pitstop's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 1m | |
Investor | - | Current | 9y 0m |
View details of Pitstop's Founder profiles and Board Members
Pitstop's employee count trend
Pitstop has 24 employees as of Jun 26. Here is Pitstop's employee count trend over the years:
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Pitstop's Competitors and alternates
Top competitors of Pitstop include GoMechanic, GoBumpr and Ki Mobility Solutions. Here is the list of Top 10 competitors of Pitstop, 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 | 55/100 | |
6th | Provider of mobile vehicle cleaning repair and insurance brokerage services | $1.45M | 51/100 | ||
7th | Online portal for car servicing | $2.57M | 46/100 | ||
8th | Online aggregator of repair services | $15.1M | 45/100 | ||
9th | Automotive marketplace and provider of car repair, maintenance, inspection, warranty, RSA, auto insurance, challan, RTO services | - | - | 44/100 | |
10th | Letsservice 2015, Bengaluru (India), Series A | App-based garage aggregator for automotive repairing & maintenance services | $7.98M | 43/100 |
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Pitstop's Latest cap tables and shareholding
Founders own 12.90%, Funds (largest shareholder) own 24.42%, Enterprises own 20.15% and Angels own 9.81%. The net worth of Pitstop's founders is INR 16.5Cr as of Aug 03, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 12.90% | 16.5Cr | 2165861 | 8699698 | 1664834 | 5575512 |
7862512 | 7602006 | 1528510 | 7550503 | 9599955 | 3478790 | |
Fund | 24.42% | 31.3Cr | 5296581 | 6841374 | 9708004 | 3037944 |
3458939 | 9171243 | 4879774 | 9039179 | 5550224 | 4118013 | |
8999 | 5109 | 3071 | 7919 | 3992 | 6988 | |
5 | 1 | 4 | 8 | 5 | 3 | |
Enterprise | 20.15% | 25.8Cr | 3175295 | 6397065 | 4721842 | 9724265 |
Angel | 9.81% | 12.6Cr | 9579849 | 1963130 | 9105156 | 5317892 |
Other People | 0.76% | 97.1L | 0 | 0 | 0 | 0 |
ESOP Pool | 31.96% | 40.9Cr | 5213982 | 2141692 | 3590257 | 9856294 |
Total | 100.00% | 128Cr | 8185685 | 8657462 | 1470760 | 6829040 |
To unlock detailed Cap Table of Pitstop 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 Pitstop's Shareholding
Pitstop's Investments and acquisitions
Pitstop has acquired MotorWhiz. Pitstop has not made any investments as of now.Reports related to Pitstop
Here is the latest report on Pitstop's sector:
News related to Pitstop
Filter this list•
HUK-Coburg buys 25% of tyre retailer PitstopTyrepress•Aug 09, 2022•Huk-Coburg, Pitstop, Hanicar Security
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Car Servicing Startup Pitstop Raises Pre-Series B Funding From VentureastInc42•Apr 06, 2021•Blume Venture, Ventureast, , LetsVenture and 2 others
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Binny Bansal-backed Acko invests in car servicing platform PitstopVCCircle•Sep 10, 2020•Pitstop, ACKO
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Car service startup Pitstop raises $2.5M led by TPG-backed Group LandmarkYourStory•Mar 16, 2020•Pitstop, Landmark Group, Blume Venture, Goldbell Group and 2 others
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