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 41 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like AegisCovenant, Crossroads and Global Assure.
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.
- Website
- readyassist.in
- 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
Investors
Ranked
1st among 41 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
86 as on Apr 30, 2025
Investment & Acquisitions
Legal entities associated with ReadyAssist
ReadyAssist is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SUNDARAVIJAYAM AUTOMOBILE SERVICES PRIVATE LIMITED CIN: U63031KA2018PTC119111 , India, Active | Dec 04, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 86 (As on Apr 30, 2025) | |
SPEED-FORCE INDIA PRIVATE LIMITED CIN: U34100KA2022PTC169641 , India, Active | Dec 29, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | 57 (As on May 31, 2023) | |
READYASSIST AUTOMOBILE SERVICES PRIVATE LIMITED CIN: U34200KA2015PTC084777 , India, Active | Dec 17, 2015 | 0 - ₹10 Cr (As on Mar 31, 2024) | - |
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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:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 08, 2022 | 3641784 | Seed | 5668260 | 1337931 | 8174335 | 5922131 |
Jan 17, 2022 | 5122636 | Seed | 5662876 | 3460418 | 7745363 | |
Nov 17, 2020 | 3325814 | Angel | 5881336 | 5271985 |
View details of ReadyAssist's funding rounds and investors
ReadyAssist's founders and board of directors
Founder? Claim ProfileThe 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:
- Vimal Singh SV: Founder & CEO of ReadyAssist. Contact Info: 1 email address and 1 phone number
ReadyAssist's Board of Directors
ReadyAssist's board has 2 active members. Sundaram Nadar Vijaya Kumari Raghul and Vijayakumari Charles are independent board members.Here is the list of ReadyAssist's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 0m | |
ygbnbjb | Independent board member | - | Current | 4y 7m |
View details of ReadyAssist's Founder profiles and Board 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:
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ReadyAssist's Competitors and alternates
Top competitors of ReadyAssist include AegisCovenant, Crossroads and Global Assure. Here is the list of Top 10 competitors of ReadyAssist, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ReadyAssist 2016, Bengaluru (India), Seed | Platform offering on-demand roadside assistance and vehicle maintenance services | $6.99M | 56/100 | |
2nd | AegisCovenant 2020, Gurugram (India), Unfunded | Provider of comprehensive & innovative solutions including roadside assistance, insurance management, and digital solutions | - | - | 40/100 |
3rd | Crossroads 1999, Delhi (India), Early Stage | App-based platform that provides roadside assistance & helpline for vehicles | $1.5M | 38/100 | |
4th | Global Assure 2018, Gurugram (India), Unfunded | Provider of roadside assistance services
| - | - | 34/100 |
5th | Mobile app for on-demand road side assistance | - | 34/100 | ||
6th | Manufacture of two wheeler rental | - | - | 32/100 | |
7th | Provider of roadside assistance services | - | - | 29/100 | |
8th | Provider of risk management solutions for businesses | - | - | 29/100 | |
9th | ![]() Road Runner Autohub 2021, Bengaluru (India), Unfunded | Provider of online car towing services | - | - | 29/100 |
10th | AUTO i CARE 2015, Thane (India), Seed | App-based platform that provides roadside assistance services | $275K | - | 29/100 |
Looking for more details on ReadyAssist's competitors? Click here to see the top ones
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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Omega Seiki, ReadyAssist Partner For Roadside AssistanceCarandbike•Dec 27, 2023•Omega Seiki Mobility, ReadyAssist
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Simple Energy Onboards ReadyAssist For Post Sales ServicesElectronicsB2B•Aug 28, 2023•Simpl Energy, ReadyAssist
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RunR Mobility And ReadyAssist Join Hands to Provide Roadside Assistance to EVsElectronicsB2B•May 12, 2023•ReadyAssist, RUNR Mobility
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ReadyAssist’s Pre-series A Investment RoundGlobal Legal Chronicle•Jan 26, 2023•ReadyAssist, Link Legal, SpeedForce
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