About Carpiko
Carpiko is a Transportation, Automotive & Logistics company based in Noida (India) founded in 2015 by Mohit Verma. Online and mobile-based platform for auto repairs. It operates in the Transportation, Automotive & Logistics and Business Services sectors. Carpiko has raised $17.66 thousand across 1 funding round from investors including Venture Investment. Carpiko was last valued at $177 thousand in December 2016. Its Indian entity Incargenixs Technologies Private Limited reported revenue of ₹7.3 Lakh. Its focus areas include Auto, Auto Retail & Aftersales, Repair & Maintenance and Repair Shops. Its competitors include MyTVS, VehicleCare and Fixcraft; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2015 in Noida, India, an online and mobile platform is operated for auto repairs and related services within the automotive sector. The Android app enables free user registration for accessing car inspections, repairs, washes, roadside assistance, and more, delivered at home or local workshops. Payments are handled online or via cash post-service. Partnerships with independent mechanics and garages support operations across India.
- Headquarters Noida, India
- Founders Mohit Verma
- SectorsTransportation, Automotive & LogisticsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website carpiko.com
- Social LinkedIn X Facebook
- Legal Name Incargenixs Technologies Private Limited
- Date of Incorporation 05 Jul, 2016
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹7.3 Lakh
FY 2021 · -93% YoY
- Net Loss-₹3.1 Lakh
FY 2021 · -43% margin
- EBITDA-₹2.9 Lakh
FY 2021 · -41% margin
- Total Equity Funding$17.66K (USD)
in 1 rounds
- Latest Funding Round$17.66K (USD), Seed
Dec 2016
Associated legal entities of Carpiko
Carpiko operates through Incargenixs Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Incargenixs Technologies Private Limited CIN U74999UP2016PTC084645 | Strike Off | 05 Jul 2016 | Noida, Uttar Pradesh | ₹0.1 Cr | 2 | View details |
Funding Insights of Carpiko
Carpiko has successfully raised a total of $17.66K through 1 strategic funding round. The most recent funding activity was a Seed round of $17.66 thousand completed in December 2016. 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 $17,661
- Total Rounds 1
- Last Round Seed — $17,661
- First Round $17,661
(Dec 2016)
- Investors Count 1
All 1 funding rounds of Carpiko with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2016 | $17,661 | Seed | $176,997 | Venture Investment | – |
Last known valuation $176,997 (Dec 2016). 1 investors in total: 1 institutional.
Investors in Carpiko
Carpiko has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Venture Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors and industries |
Investor details for Carpiko
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Incargenixs Technologies Private Limited (Carpiko)
Incargenixs Technologies Private Limited is the primary company behind Carpiko. The board of Incargenixs Technologies Private Limited currently have 2 directors; the longest-serving is Saurabh Verma, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saurabh Verma DIN 07546359 | Director | 05 Jul 2016 | 10 yrs 3 mo | Incargenixs Technologies Private Limited |
| Aankith Yaadav DIN 07546318 | Director | 05 Jul 2016 | 10 yrs 3 mo | Incargenixs Technologies Private Limited |
People of Carpiko
1 people are tracked at Carpiko (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mohit Verma | Co-Founder | Leadership |
Complete people profiles for Carpiko
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Carpiko
Figures of Incargenixs Technologies Private Limited, the primary company behind Carpiko, for FY 2021. Revenue was ₹7.3 Lakh (-93% year on year). Net loss was -₹3.1 Lakh (-43% margin). EBITDA was -₹2.9 Lakh (-41% margin). Revenue has grown at a compounded annual rate of -53% over three years.
- ₹7.3 LakhRevenue · FY 2021 · -93% YoY
- -₹3.1 LakhNet loss · -43% margin
- -₹2.9 LakhEBITDA · -41% margin
- ₹1.1 LakhPaid-up capital
- -53%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Incargenixs Technologies Private Limited are on its company page.
Detailed financial statements for Carpiko
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Carpiko
2 dated milestones of Carpiko across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Carpiko is founded.
- Funding First funding round of $18K.
Competitors of Carpiko
Carpiko has 3 listed competitors in our database, 3 of them funded. They include MyTVS, VehicleCare and Fixcraft.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mytvs.in | 2003 | Chennai, India | $223.22M | 1,292 | Online platform for booking automotive repair and maintenance services | |
| vehiclecare.in | 2019 | Gurugram, India | $374,811 | 63 | AI-based car repair and maintenance services are delivered. | |
| fixcraft.in | 2018 | Gurugram, India | $2.29M | 2 | Online car repair and maintenance services are provided. |
Detailed competitors of Carpiko
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as Carpiko (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Frequently Asked Questions about Carpiko
Carpiko was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Carpiko is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Carpiko is a funded company, having raised a total of $17.66K across 1 funding round to date. The company's 1st funding round was a Seed of $17.66K, raised on Dec 2016.
The primary company behind Carpiko, Incargenixs Technologies Private Limited, reported revenue of ₹7.3 Lakh for FY 2021, down 93% year on year.
Founded in 2015 in Noida, India, an online and mobile platform is operated for auto repairs and related services within the automotive sector. The Android app enables free user registration for accessing car inspections, repairs, washes, roadside assistance, and more, delivered at home or local workshops. Payments are handled online or via cash post-service. Partnerships with independent mechanics and garages support operations across India.
Carpiko's top competitors include MyTVS, VehicleCare and Fixcraft.
Carpiko has 1 investor. Key investors include Venture Investment.
The valuation of Carpiko is $177K as of Dec 2016.
Carpiko operates through Incargenixs Technologies Private Limited.
The legal entities of Carpiko currently have 2 directors, including Saurabh Verma, Aankith Yaadav.