About Fixcraft
Fixcraft is a company based in Gurugram (India) founded in 2018 by Vivek Sharma.. Fixcraft has raised $2.29 million across 7 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 19 employees as of April 06, 2024. Fixcraft has completed 1 acquisition, including VMotive. Fixcraft offers products and services including Periodic Service, Denting and Painting, Car AC Service, Car Exterior Detailing, and Car Interior Detailing. Fixcraft operates in a competitive market with competitors including MyTVS, VehicleCare, AutoBrix, Amber and Automovill, among others.
- Headquarter Gurugram, India
- Employees 19 as on 06 Apr, 2024
- Founders Vivek Sharma
- 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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- Legal Name Fixit Auto Private Limited
- Date of Incorporation 25 Sep, 2018
- Jurisdiction Faridabad, Haryana, India
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Annual Revenue
$3.17 M (USD)282.41as on Mar 31, 2023
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Net Profit
$-958.4 K (USD)-138.61as on Mar 31, 2023
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EBITDA
$-951.13 K (USD)-141.17as on Mar 31, 2023
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Total Equity Funding
$2.29 M (USD)
in 7 rounds
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Latest Funding Round
$55.39 K (USD), Seed
Mar 04, 2024
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Investors
Angel List
& 43 more
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Employee Count
19
as on Apr 06, 2024
- Investments & Acquisitions
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Products & Services of Fixcraft
Fixcraft offers a comprehensive portfolio of products and services, including Periodic Service, Denting and Painting, Car AC Service, Car Exterior Detailing, and Car Interior Detailing. 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.
Routine checks and upkeep for vehicle performance.
Repair and repaint of damaged car exteriors.
Maintenance and fixing of automotive air conditioning systems.
Thorough cleaning and polishing of vehicle exteriors.
Deep cleaning of car interiors for hygiene.
Installation of new tyres for safety and performance.
Supply and fitting of new car batteries.
Complete repainting of vehicle surfaces.
Application of coatings to shield car paint.
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Funding Insights of Fixcraft
Fixcraft has successfully raised a total of $2.29M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $55.39 thousand completed in March 2024. 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 — $55,393
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First Round
First Round
(24 Jun 2019)
- Investors Count 44
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Seed - Fixcraft | Valuation |
investors |
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| Mar, 2023 | Amount | Seed - Fixcraft | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Fixcraft | Valuation |
investors |
| 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 Fixcraft
Fixcraft has secured backing from 44 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture. 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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Seed to series A startups receive investments from Good Capital.
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Founded Year | Domain | Location | |
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Seed-stage investments in diverse sectors are targeted by the firm.
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Founded Year | Domain | Location | |
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Debt fund focused on early-stage venture debt financing
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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 Fixcraft
Fixcraft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VMotive. 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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Automotive spares and repair services are provided by VMotive.
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| 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 - Fixcraft
| 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 |
Fixcraft Comparisons
Competitors of Fixcraft
Fixcraft 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 MyTVS, VehicleCare, AutoBrix, Amber and Automovill, 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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| domain | founded_year | HQ Location |
Online platform for booking automotive repair and maintenance services
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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 |
An online platform for booking car wash and repair services conveniently.
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| domain | founded_year | HQ Location |
Extended warranty services are provided for Tesla electric vehicles.
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| domain | founded_year | HQ Location |
Auto repair and maintenance services are aggregated online for users.
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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 Fixcraft
Frequently Asked Questions about Fixcraft
When was Fixcraft founded?
Fixcraft was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Fixcraft located?
Fixcraft is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Fixcraft?
Vivek Sharma is the current CEO of Fixcraft. They have also founded this company.
Is Fixcraft a funded company?
Fixcraft is a funded company, having raised a total of $2.29M across 7 funding rounds to date. The company's 1st funding round was a Seed of $864.62K, raised on Jun 24, 2019.
How many employees does Fixcraft have?
As of Apr 06, 2024, the latest employee count at Fixcraft is 19.
What is the annual revenue of Fixcraft?
Annual revenue of Fixcraft is $3.17M as on Mar 31, 2023.
What does Fixcraft do?
Fixcraft was founded in 2018 in Gurugram, India, as an online platform in the automotive services sector. On-demand vehicle repair and maintenance are facilitated for users through bookings that include details such as location and payment information. A variety of services is available, encompassing periodic maintenance, denting and painting, AC servicing, detailing, full body painting, tyre replacement, battery replacement, and paint protection. Operations are centered in India.
Who are the top competitors of Fixcraft?
Fixcraft's top competitors include MyTVS, VehicleCare and Amber.
What products or services does Fixcraft offer?
Fixcraft offers Periodic Service, Denting and Painting, Car AC Service, Car Exterior Detailing, and 5 more products and services.
How many acquisitions has Fixcraft made?
Fixcraft has made 1 acquisition, including VMotive.
Who are Fixcraft's investors?
Fixcraft has 44 investors. Key investors include Angel List, Wellfound, LetsVenture, BRCCA Services, and Ubiquity Capital.
What is Fixcraft's valuation?
The valuation of Fixcraft is $13.28M as of Mar 2024.
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