About Auto Hangar
Auto Hangar is a company based in India. It operates as a B2C, and B2B. The company has 1,238 employees as of March 31, 2024. Auto Hangar offers products and services including Pre-Owned Cars, New Vehicles, Insurance Services, and Coffee Machines. Auto Hangar operates in a competitive market with competitors including Kia, Tesla, Hyundai Motor Company, Volvo Cars and Fisker, among others.
- Headquarter India
- Employees 1238 as on 31 Mar, 2024
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mercedes-Benz India Private Limited
- Jurisdiction Chakan, Maharashtra, India
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Annual Revenue
$1.43 B (USD)16.83as on Mar 31, 2024
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Net Profit
$59.6 M (USD)-39.56as on Mar 31, 2024
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EBITDA
$87 M (USD)-35.8as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1238
as on Mar 31, 2024
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Products & Services of Auto Hangar
Auto Hangar offers a comprehensive portfolio of products and services, including Pre-Owned Cars, New Vehicles, Insurance Services, and Coffee Machines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for buying and selling used luxury vehicles.
Sales of Mercedes-Benz new cars and demonstrations.
Brokerage for auto insurance and related finance.
Premium Italian coffee machines and accessories sales.
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Funding Insights of Auto Hangar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Auto Hangar
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Auto Hangar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Auto Hangar Comparisons
Competitors of Auto Hangar
Auto Hangar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kia, Tesla, Hyundai Motor Company, Volvo Cars and Fisker, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Motor vehicles and parts are manufactured, imported, distributed, and sold.
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| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Passenger vehicles including sedans, SUVs, and electric models are manufactured.
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| domain | founded_year | HQ Location |
Automobiles and related products are manufactured by Volvo Cars.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
Diversified operations span automotive, agriculture, and financial services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Auto Hangar
Frequently Asked Questions about Auto Hangar
Where is Auto Hangar located?
Auto Hangar is headquartered in India.
How many employees does Auto Hangar have?
As of Mar 31, 2024, the latest employee count at Auto Hangar is 1,238.
What is the annual revenue of Auto Hangar?
Annual revenue of Auto Hangar is $1.43B as on Mar 31, 2024.
What does Auto Hangar do?
Mercedes-Benz India operates as a franchise partner dealing in new and pre-owned luxury vehicles, insurance services, and premium kitchen accessories like Italian coffee machines. Based in Pune, it serves customers through dealerships and online platforms, focusing on automotive sales, financial services, and related products. The company emphasizes secure transactions and customer management while complying with data protection regulations.
Who are the top competitors of Auto Hangar?
Auto Hangar's top competitors include Volvo Cars, Fisker and Kia.
What products or services does Auto Hangar offer?
Auto Hangar offers Pre-Owned Cars, New Vehicles, Insurance Services, and Coffee Machines.