Fixcraft

Gurugram, India Founded: 2018 • Age: 8 yrs Minicorn
Online car repair and maintenance services are provided.

About Fixcraft

Fixcraft is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2018 by Vivek Sharma. Online car repair and maintenance services are provided. It operates in the Transportation, Automotive & Logistics and Business Services sectors. Fixcraft has raised $2.29 million across 7 funding rounds from investors including Angel List, Wellfound and LetsVenture. The company has 19 employees. Fixcraft has completed 1 acquisition, including VMotive. Fixcraft was last valued at $13.28 million in March 2024. Its chief executive, as recorded, is Vivek Sharma. Its Indian entity Fixit Auto Private Limited reported revenue of β‚Ή12.08 Cr. Fixcraft offers products and services including Periodic Service, Denting and Painting, Car AC Service, Car Exterior Detailing, and Car Interior Detailing. Its focus areas include Consumer, Local Services, Auto Services and Repair. Its competitors include MyTVS, VehicleCare and AutoBrix; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Gurugram, India
  • Employees 19
  • Founders Vivek Sharma
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website fixcraft.in
  • Social LinkedIn X Instagram
  • Legal Name Fixit Auto Private Limited
  • Date of Incorporation 25 Sep, 2018
  • Jurisdiction Faridabad, Haryana, India
Key Metrics
  • Annual Revenue
    ₹12.08 Cr

    FY 2024 · -54% YoY

  • Net Loss
    -₹3.59 Cr

    FY 2024 · -30% margin

  • EBITDA
    -₹3.31 Cr

    FY 2024 · -27% margin

  • Total Equity Funding
    $2.29M (USD)

    in 7 rounds

  • Latest Funding Round
    $55.39K (USD), Seed

    Mar 2024

  • Investors
    Angel List

    & 43 more

  • Employee Count
    19
  • Investments & Acquisitions

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.

Periodic Service
Maintenance

Routine checks and upkeep for vehicle performance.

Denting and Painting
Body Work

Repair and repaint of damaged car exteriors.

Car AC Service
AC Repair

Maintenance and fixing of automotive air conditioning systems.

Car Exterior Detailing
Cleaning Services

Thorough cleaning and polishing of vehicle exteriors.

Car Interior Detailing
Cleaning Services

Deep cleaning of car interiors for hygiene.

Tyre Replacement
Parts Replacement

Installation of new tyres for safety and performance.

Battery Replacement
Parts Replacement

Supply and fitting of new car batteries.

Full Body Paint
Body Work

Complete repainting of vehicle surfaces.

Paint Protection
Protection Services

Application of coatings to shield car paint.

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 $2.29M
  • Total Rounds 7
  • Last Round Seed β€” $55,393
  • First Round $59,554

    (Jun 2019)

  • Investors Count 44

All 7 funding rounds of Fixcraft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$55,393Seed$13.28M–
Mar 2023$140,175Seed$12.35M–
Mar 2022$864,615Seed$‒‒‒‒‒–
Jul 2021Debt – Conventional––
Jul 2021$1MSeed$β€’β€’β€’β€’β€’Amit Lakhotia
Nov 2020$166,440Seed$β€’β€’β€’β€’β€’Wellfound, Nikita Jhalani
Jun 2019$59,554Angel Round$β€’β€’β€’β€’β€’Ranjan Kant, Rahul Taneja
Valuation history
DateValuationStage
Mar 2024$13.28Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2023$12.35Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Fixcraft

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Last known valuation $13.28M (Mar 2024). 44 investors in total: 10 institutional and 34 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Seed to series A startups receive investments from Good Capital.
goodcapital.vcDelhi, India
Seed-stage investments in diverse sectors are targeted by the firm.
Bengaluru, India
Debt fund focused on early-stage venture debt financing
2017ubiquity-capital.comBengaluru, India
Early-stage investments are targeted by this venture capital firm.
Delhi, India
Venture capital firm focused on multiple sectors
Wilmington, United States
transcoal.in
Limited information available
2021brcca.co.inKolkata, India
Alternative investment platform for startups and investors is operated.
2010angellist.comSan Francisco, United States
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
Startup jobs are connected to individuals via a dedicated platform.
2013wellfound.comNew York, United States
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Investor details for Fixcraft

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Board of directors of Fixit Auto Private Limited (Fixcraft)

Fixit Auto Private Limited is the primary company behind Fixcraft. The board of Fixit Auto Private Limited currently have 2 directors; the longest-serving is Vivek Sharma, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Vivek Sharma
DIN 08237510
Whole-time director25 Sep 20188 yrs 1 moFixit Auto Private Limited
Neha Jayant
DIN 08237511
Director25 Sep 20188 yrs 1 moFixit Auto Private Limited

People of Fixcraft

7 people are tracked at Fixcraft (2 in leadership, 5 in team); the tracked headcount is 19.

NameRoleGroup
Co-Founder & CEOLeadership
Ashish Bhalerao
Regional HeadLeadership
Mukul Singh
Senior Sales ExecutiveTeam
Brij Mohan Singh Rawat
Procurement ManagerTeam
Navneet Kumar Pathak
Regional Sales ManagerTeam
Vishnu Pillai
Procurement ManagerTeam
Ravi Rawat
Spares Product ManagerTeam
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Financials of Fixcraft

Figures of Fixit Auto Private Limited, the primary company behind Fixcraft, for FY 2024. Revenue was ₹12.08 Cr (-54% year on year). Net loss was -₹3.59 Cr (-30% margin). EBITDA was -₹3.31 Cr (-27% margin). Revenue has grown at a compounded annual rate of +100% over three years and +170% over five years.

  • ₹12.08 CrRevenue · FY 2024 · -54% YoY
  • -₹3.59 CrNet loss · -30% margin
  • -₹3.31 CrEBITDA · -27% margin
  • ₹2.2 LakhPaid-up capital
  • 19Employees (provident fund records)
  • +100%Revenue CAGR, 3 years
  • +170%Revenue CAGR, 5 years

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

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Detailed financial statements for Fixcraft

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Investments & Acquisitions by Fixcraft

Fixcraft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VMotive.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Automotive spares and repair services are provided by VMotive.
0Jun 2022β€’β€’β€’β€’
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Timeline of Fixcraft

5 dated milestones of Fixcraft across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fixcraft is founded.
  2. Funding First funding round of $60K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires VMotive.
  5. Funding Latest funding round, Seed, of $55K.

Competitors of Fixcraft

Fixcraft has 3 listed competitors in our database, 3 of them funded. They include MyTVS, VehicleCare and AutoBrix.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mytvs.in2003Chennai, India$223.22M1,292
Online platform for booking automotive repair and maintenance services
vehiclecare.in2019Gurugram, India$374,81163
AI-based car repair and maintenance services are delivered.
autobrix.com2018Bengaluru, India$3.01M
An online platform for booking car wash and repair services conveniently.
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Detailed competitors of Fixcraft

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Web traffic of Fixcraft

The website of Fixcraft (fixcraft.in) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▲ 34% vs previous month

Similar websites

Websites whose visitors overlap most with Fixcraft. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pitcrew.co.in
pitcrew.co.in
100%
#1,714,401–
thedetailingmafia.com
90%
39.6K#838,412View details
gobumpr.com
87%
32.1K#847,446View details
carvaidya.com
86%
680.7K#249,982View details
mytvs.in
85%
25.6KView details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as Fixcraft (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 Fixcraft

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Frequently Asked Questions about Fixcraft

Fixcraft was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Fixcraft is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Vivek Sharma is the CEO of Fixcraft, as recorded in our data. They have also founded this 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 Angel Round of $59.55K, raised on Jun 2019.

Fixcraft has 19 employees.

The primary company behind Fixcraft, Fixit Auto Private Limited, reported revenue of β‚Ή12.08 Cr for FY 2024, down 54% year on year.

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.

Fixcraft's top competitors include MyTVS, VehicleCare and AutoBrix.

Fixcraft offers Periodic Service, Denting and Painting, Car AC Service, Car Exterior Detailing, and 5 more products and services.

Fixcraft has made 1 acquisition, including VMotive.

Fixcraft has 44 investors. Key investors include Angel List, Wellfound, LetsVenture, BRCCA Services, and Ubiquity Capital.

The valuation of Fixcraft is $13.28M as of Mar 2024.

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