About Carcrew
Carcrew is a company based in Mumbai (India) founded in 2015 was acquired by TVS Group in February 2020.. Carcrew has raised $2.72 million across 4 funding rounds from investors including FinKurve, Arvog and White Unicorn Ventures. The company has 17 employees as of July 31, 2022. Carcrew has completed 1 acquisition, including Click garage. Carcrew operates in a competitive market with competitors including GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.
- Headquarter Mumbai, India
- Employees 17 as on 31 Jul, 2022
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsBusiness 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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Annual Revenue
$1.95 M (USD)69as on Mar 31, 2020
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Net Profit
$-917.62 K (USD)-56as on Mar 31, 2020
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EBITDA
$-906.35 K (USD)-62as on Mar 31, 2020
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Total Equity Funding
$2.72 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Seed
Apr 12, 2018
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Investors
FinKurve
& 10 more
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Employee Count
17
as on Jul 31, 2022
- Investments & Acquisitions
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Acquired by
TVS Group
(Feb 20, 2020)
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Funding Insights of Carcrew
Carcrew has successfully raised a total of $2.72M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in April 2018. 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 4
- Last Round Seed — $2.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Seed - Carcrew | Valuation | Kitara PIIN 1502 | |
| Dec, 2016 | Amount | Seed - Carcrew | Valuation |
investors |
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| Nov, 2016 | Amount | Seed - Carcrew | Valuation | TVS Group |
| 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 Carcrew
Carcrew has secured backing from 11 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include FinKurve, Arvog and White Unicorn Ventures. 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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Online slot gaming with pulsa deposits in Indonesia.
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Founded Year | Domain | Location | |
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Operations are conducted across multiple industries by the diversified conglomerate.
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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 Carcrew
Carcrew has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Click garage. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online bookings for automobile repairs, maintenance, and emergencies are enabled.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Carcrew
| 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 |
Carcrew Comparisons
Competitors of Carcrew
Carcrew 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, VehicleCare and Ki Mobility Solutions, 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 |
AI-based car repair and maintenance services are delivered.
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| domain | founded_year | HQ Location |
Digital automotive marketplace platform
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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 Carcrew
Frequently Asked Questions about Carcrew
When was Carcrew founded?
Carcrew was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Carcrew located?
Carcrew is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Carcrew a funded company?
Carcrew is a funded company, having raised a total of $2.72M across 4 funding rounds to date. The company's 1st funding round was a Seed of $572.13K, raised on Jun 01, 2016.
How many employees does Carcrew have?
As of Jul 31, 2022, the latest employee count at Carcrew is 17.
What is the annual revenue of Carcrew?
Annual revenue of Carcrew is $1.95M as on Mar 31, 2020.
What does Carcrew do?
Carcrew was established in 2015 in Mumbai, India, within the automotive services sector. An online platform is operated to link car owners with service providers, enabling bookings directly on the site. Operations focus on facilitating maintenance and repair services. A mobile application is offered exclusively for Android devices to support user access and reservations.
Who are the top competitors of Carcrew?
Carcrew's top competitors include GoMechanic, MyTVS and VehicleCare.
How many acquisitions has Carcrew made?
Carcrew has made 1 acquisition, including Click garage.
Who are Carcrew's investors?
Carcrew has 11 investors. Key investors include FinKurve, Arvog, White Unicorn Ventures, TVS Group, and Kitara PIIN 1502.
What is Carcrew's valuation?
The valuation of Carcrew is $4.3M as of Apr 2018.
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