About Automovill
Automovill is a company based in Bengaluru (India) founded in 2015 by Ramana Sambu.. Automovill has raised $1.7 million across 7 funding rounds from investors including Mumbai Angels, PwC and Lepton Software. The company has 25 employees as of April 08, 2024. Automovill offers products and services including Car Service Platform, Insurance Claims Service, and Lubricant Supply. Automovill operates in a competitive market with competitors including GoMechanic, MyTVS, GoBumpr, Ki Mobility Solutions and VehicleCare, among others.
- Headquarter Bengaluru, India
- Employees 25 as on 08 Apr, 2024
- Founders Ramana Sambu
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Automovill Technologies Private Limited
- Date of Incorporation 04 Nov, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$992.66 K (USD)-24.34as on Mar 31, 2023
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Net Profit
$-269.77 K (USD)33.66as on Mar 31, 2023
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EBITDA
$-304.16 K (USD)11.94as on Mar 31, 2023
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Total Equity Funding
$1.7 M (USD)
in 7 rounds
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Latest Funding Round
$268.79 K (USD), Seed
Aug 22, 2022
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Investors
Mumbai Angels
& 63 more
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Employee Count
25
as on Apr 08, 2024
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Products & Services of Automovill
Automovill offers a comprehensive portfolio of products and services, including Car Service Platform, Insurance Claims Service, and Lubricant Supply. 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.
App and website for booking car repairs and servicing
Assistance for processing car insurance claims
Provision of engine oils and lubricants for vehicles
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Funding Insights of Automovill
Automovill has successfully raised a total of $1.7M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $268.79 thousand completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Seed — $268,791
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First Round
First Round
(22 Jun 2018)
- Investors Count 64
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - Automovill | Valuation | Inflection Point Ventures , Manish Aggarwal | |
| Sep, 2021 | Amount | Seed - Automovill | Valuation |
investors |
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| Jul, 2021 | Amount | Seed - Automovill | Valuation | General Export Enterprises , NVCL |
| 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 |
Investors in Automovill
Automovill has secured backing from 64 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, PwC and Lepton Software. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel network focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage investment firm focusing on technology and healthcare sectors in India.
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Founded Year | Domain | Location | |
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Venture capital fund management and support for startups in the north-eastern region of India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Automovill
| 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 - Automovill
| 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 |
Automovill Comparisons
Competitors of Automovill
Automovill 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 GoMechanic, MyTVS, GoBumpr, Ki Mobility Solutions and VehicleCare, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of car service and repair network
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| domain | founded_year | HQ Location |
Online platform for booking automotive repair and maintenance services
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| domain | founded_year | HQ Location |
App-based garage aggregation for auto repair and maintenance is offered.
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| domain | founded_year | HQ Location |
Digital automotive marketplace platform
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| domain | founded_year | HQ Location |
AI-based car repair and maintenance services are delivered.
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| domain | founded_year | HQ Location |
Online platform for news articles on sports, entertainment, and current events worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Automovill
Frequently Asked Questions about Automovill
When was Automovill founded?
Automovill was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Automovill located?
Automovill is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Automovill a funded company?
Automovill is a funded company, having raised a total of $1.7M across 7 funding rounds to date. The company's 1st funding round was a Seed of $487.72K, raised on Jun 22, 2018.
How many employees does Automovill have?
As of Apr 08, 2024, the latest employee count at Automovill is 25.
What is the annual revenue of Automovill?
Annual revenue of Automovill is $992.66K as on Mar 31, 2023.
What does Automovill do?
Founded in 2015 in Bengaluru, India, Automovill operates as an online B2C aggregator in the automobile services sector. A hyperlocal search engine is provided to connect users with nearby service providers for repairs, maintenance, fuel stations, tire repairs, punctures, and dealers. Ongoing offers and coupons at service centers are listed, allowing users to access them via the platform.
Who are the top competitors of Automovill?
Automovill's top competitors include GoMechanic, MyTVS and VehicleCare.
What products or services does Automovill offer?
Automovill offers Car Service Platform, Insurance Claims Service, and Lubricant Supply.
Who are Automovill's investors?
Automovill has 64 investors. Key investors include Mumbai Angels, PwC, Lepton Software, Beacon Trusteeship, and AngelBay.
What is Automovill's valuation?
The valuation of Automovill is $4.87M as of Aug 2022.
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