BookServicing

Noida, India Founded: 2016 • Age: 10 yrs
Automobile servicing is facilitated through an online booking platform.

About BookServicing

BookServicing is a Transportation, Automotive & Logistics company based in Noida (India) founded in 2016. Automobile servicing is facilitated through an online booking platform. It operates in the Transportation, Automotive & Logistics and Business Services sectors. BookServicing has raised $30 thousand across 1 funding round from investors including NSTEDB. Its Indian entity Statsoft Technologies Private Limited reported revenue of β‚Ή51.7 Lakh. Its focus areas include Consumer, Auto E-Commerce & Content, Aftermarket Service and Repair. Its competitors include GoMechanic, MyTVS and GoBumpr; 3 of its 3 listed competitors have raised funding.

Company details

BookServicing is an online marketplace offering on-demand automobile servicing. Users can book a service by mentioning their location and car maker. Provides services such as car wash, wheel alignment, full service etc. Claims that all the service centers are verified. Provides a tracking option to check the status of the car service. Claims to have served over 500 customers, helping them save 20 on car care needs as of Feb 2017. Operating in Delhi NCR region with over 200 dealers and multi-brand workshops in its network as of March 2017. Raised 30k in seed funding from the National Science and Technology Entrepreneurship Development Board (NSTEDB) in March 2017.

Key Metrics
  • Annual Revenue
    ₹51.7 Lakh

    FY 2019 · +2416% YoY

  • Net Loss
    -₹4.1 Lakh

    FY 2019 · -8% margin

  • EBITDA
    -₹4.1 Lakh

    FY 2019 · -8% margin

  • Total Equity Funding
    $30K (USD)

    in 1 rounds

  • Latest Funding Round
    $30K (USD), Seed

    Mar 2017

  • Investors

Funding Insights of BookServicing

BookServicing has successfully raised a total of $30K through 1 strategic funding round. The most recent funding activity was a Seed round of $30 thousand completed in March 2017. 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 $30,000
  • Total Rounds 1
  • Last Round Seed β€” $30,000
  • First Round $30,000

    (Mar 2017)

  • Investors Count 1

All 1 funding rounds of BookServicing with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2017$30,000Seed–NSTEDB
–
Valuation history

1 investors in total: 1 institutional.

Investors in BookServicing

BookServicing has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NSTEDB.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Innovation and startup support programs are provided in India.
1982nstedb.comDelhi, India
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Investor details for BookServicing

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Board of directors of Statsoft Technologies Private Limited (BookServicing)

Statsoft Technologies Private Limited is the primary company behind BookServicing. The board of Statsoft Technologies Private Limited currently have 2 directors; the longest-serving is Abhishek Rai, appointed in 2015. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Abhishek Rai
DIN 07171229
Director12 May 201511 yrs 5 moStatsoft Technologies Private Limited
Kamal
DIN 09501171
Director10 Feb 20224 yrs 8 moStatsoft Technologies Private Limited

People of BookServicing

2 people are tracked at BookServicing (2 in leadership).

NameRoleGroup
Leadership
Leadership
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Financials of BookServicing

Figures of Statsoft Technologies Private Limited, the primary company behind BookServicing, for FY 2019. Revenue was ₹51.7 Lakh (+2416% year on year). Net loss was -₹4.1 Lakh (-8% margin). EBITDA was -₹4.1 Lakh (-8% margin).

  • ₹51.7 LakhRevenue · FY 2019 · +2416% YoY
  • -₹4.1 LakhNet loss · -8% margin
  • -₹4.1 LakhEBITDA · -8% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Statsoft Technologies Private Limited are on its company page.

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Detailed financial statements for BookServicing

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Timeline of BookServicing

2 dated milestones of BookServicing across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded BookServicing is founded.
  2. Funding First funding round of $30K.

Competitors of BookServicing

BookServicing has 3 listed competitors in our database, 3 of them funded. They include GoMechanic, MyTVS and GoBumpr.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gomechanic.in2016Gurugram, India$62.01M171
Provider of car service and repair network
mytvs.in2003Chennai, India$223.22M1,292
Online platform for booking automotive repair and maintenance services
gobumpr.com2015Chennai, India$2.66M1,051
App-based garage aggregation for auto repair and maintenance is offered.
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Detailed competitors of BookServicing

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Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as BookServicing (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Related news about Bookservicing

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Frequently Asked Questions about BookServicing

BookServicing was founded in 2016 and raised its 1st funding round 1 year after it was founded.

BookServicing is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

BookServicing is a funded company, having raised a total of $30K across 1 funding round to date. The company's 1st funding round was a Seed of $30K, raised on Mar 2017.

The primary company behind BookServicing, Statsoft Technologies Private Limited, reported revenue of β‚Ή51.7 Lakh for FY 2019, up 2416% year on year.

BookServicing is an online marketplace offering on-demand automobile servicing. Users can book a service by mentioning their location and car maker. Provides services such as car wash, wheel alignment, full service etc. Claims that all the service centers are verified. Provides a tracking option to check the status of the car service. Claims to have served over 500 customers, helping them save 20 on car care needs as of Feb 2017. Operating in Delhi NCR region with over 200 dealers and multi-brand workshops in its network as of March 2017. Raised 30k in seed funding from the National Science and Technology Entrepreneurship Development Board (NSTEDB) in March 2017.

BookServicing's top competitors include GoMechanic, MyTVS and GoBumpr.

BookServicing has 1 investor. Key investors include NSTEDB.

BookServicing operates through Statsoft Technologies Private Limited.

The legal entities of BookServicing currently have 2 directors, including Abhishek Rai, Kamal.

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