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ReadyAssist - About the company

ReadyAssist is a seed company based in Bengaluru (India), founded in 2016 by Vimal Singh SV. It operates as a Platform offering on-demand roadside assistance and vehicle maintenance services. ReadyAssist has raised $6.99M in funding from Almas Capital, with a current valuation of *****. The company has 40 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Global Assure, StrandD and Crossroads.

Company Details

Platform offering on-demand roadside assistance and vehicle maintenance services. This includes breakdown support, on-site repairs for cars and bikes, and preventative maintenance such as inspections. Services are offered to both individual and corporate clients. The company also provides vehicle accessory installation and extended warranty options. Technicians are dispatched to customer locations for service.
Social
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Email ID
*****@readyassist.in
Phone Number
+91 **********
Registered Address
No.298, 8th A Main, Koramangala 4th Block, Bangalore, Bangalore, Karnataka, India, 560034
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Seed
Total Funding
$6.99M in 5 rounds
Latest Funding Round
Post Money Valuation
***** as on Feb 22, 2024
Ranked
Annual Revenue
₹13.8Cr as on Mar 31, 2025
Employee Count
86 as on Apr 30, 2025
Investment & Acquisitions
Similar Companies
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ReadyAssist's funding and investors

ReadyAssist has raised a total funding of $6.99M over 5 rounds. Its first funding round was on Feb 19, 2019. Its latest funding round was a Seed round on Jun 08, 2022 for $*****. 3 investors participated in its latest round. ReadyAssist has 4 institutional investors and 47 angel investors.

Here is the list of recent funding rounds of ReadyAssist:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 08, 2022
9605984
Seed
7167315
5176852
8036023
4378709
Jan 17, 2022
5238063
Seed
5136820
6540152
9016568
Nov 17, 2020
1806488
Angel
9132286
1066335
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ReadyAssist's founders and board of directors

Founder? Claim Profile
The founders of ReadyAssist is Vimal Singh SV. Vimal Singh SV is the CEO of ReadyAssist.
Here are the details of ReadyAssist's key team members:

ReadyAssist's employee count trend

ReadyAssist has 86 employees as of Apr 25. The total employee count is 34.0% more than what it was in Apr 24. Here is ReadyAssist's employee count trend over the years:
Employee count trend for ReadyAssist
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ReadyAssist's Competitors and alternates

Top competitors of ReadyAssist include Global Assure, StrandD and Crossroads. Here is the list of Top 10 competitors of ReadyAssist, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ReadyAssist
ReadyAssist
2016, Bengaluru (India), Seed
Platform offering on-demand roadside assistance and vehicle maintenance services
$6.99M
55/100
2nd
Logo for Global Assure
Global Assure
2018, Gurugram (India), Unfunded
Provider of roadside assistance services ​
-
-
39/100
3rd
Logo for StrandD
StrandD
2015, Delhi (India), Funding Raised
Mobile app for on-demand road side assistance
-
34/100
4th
Logo for Crossroads
Crossroads
1999, Delhi (India), Early Stage
App-based platform that provides roadside assistance & helpline for vehicles
$1.5M
33/100
5th
Logo for GarageOnRoad
GarageOnRoad
2017, Noida (India), Seed
An app-based aggregator for automobile service providers
-
-
30/100
6th
Logo for Towfixers
Towfixers
2013, Mumbai (India), Unfunded
Provider of roadside assistance services
-
-
30/100
7th
Logo for Road Runner Autohub
Road Runner Autohub
2021, Bengaluru (India), Unfunded
Provider of online car towing services
-
-
29/100
8th
Logo for AUTO i CARE
AUTO i CARE
2015, Thane (India), Seed
App-based platform that provides roadside assistance services
$275K
-
29/100
9th
Logo for AAIR
AAIR
2021, Bengaluru (India), Unfunded
Manufacture of two wheeler rental
-
-
28/100
10th
Logo for Tochanwala
Tochanwala
2019, Mumbai (India), Unfunded
Online platform to book on-demand roadside assistance services
-
-
25/100
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ReadyAssist's Latest cap tables and shareholding

Founders (largest shareholder) own 74.74%, Funds own 2.03%, Enterprises own 0.17% and Angels own 22.32%. The net worth of ReadyAssist's founders is INR 818Cr as of Feb 22, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
74.74%
818Cr
4362239
5475149
2919266
2280083
9437575
3328118
7445605
8082588
6450286
4499144
88998
81012
10237
75150
64609
47826
Fund
2.03%
22.3Cr
28
29
56
20
76
82
32
81
97
75
Enterprise
0.17%
1.85Cr
0
0
0
0
Angel
22.32%
245Cr
6873044
1773139
9095870
8207268
52
31
63
29
72
42
2
6
3
7
7
4
2
7
7
1
6
6
Other People
0.70%
7.7Cr
0
0
0
0
Total
99.96%
1,090Cr
4822837
1625843
8625609
5633373
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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 ReadyAssist's Shareholding

ReadyAssist's Investments and acquisitions

ReadyAssist has acquired SpeedForce. ReadyAssist has not made any investments as of now.

Reports related to ReadyAssist

Here is the latest report on ReadyAssist's sector:

News related to ReadyAssist

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