About GoMechanic
GoMechanic is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2016 by Muskan Kakkar and Himanshu Arora, and was acquired by Spinny in November 2025. Provider of car service and repair network. It operates in the Transportation, Automotive & Logistics and Business Services sectors. GoMechanic has raised $62.01 million across 7 funding rounds from investors including Spinny, Orios Venture Partners and Servizzy. The company has 171 employees. GoMechanic has completed 1 acquisition, including Vow Car Clinic. GoMechanic was last valued at $284.54 million in June 2021. Its website gomechanic.in draws about 750 thousand monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Aftermarket Service and Repair. Its competitors include MyTVS, GoBumpr and Ki Mobility Solutions; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2016 in Gurugram, India, a network for automotive repairs and maintenance is operated. Vehicle owners are linked with local garages for services such as scheduled maintenance, AC repairs, cleaning, detailing, denting, painting, insurance work, and custom repairs. Batteries, tires, windshields, and other components are addressed, with support extended to luxury and popular car brands across the region.
- Headquarters Gurugram, India
- Employees 171
- Founders Muskan Kakkar, Himanshu Arora
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsBusiness Services
- Website category Vehicles
- Email••••••••
- Phone•••• ••••
- Website gomechanic.in/vijayawada
- Social LinkedIn X Facebook
- Acquired by Servizzy (Mar 2023)
- Annual Revenue$8.06 M (USD)8096as on Mar 31, 2024
- Net Profit-$10.25 M (USD)-1150as on Mar 31, 2024
- EBITDA-$4.31 M (USD)-2972as on Mar 31, 2024
- Total Equity Funding$62.01M (USD)
in 7 rounds
- Latest Funding Round$6M (USD), Debt – Venture
Nov 2023
- InvestorsSpinny
& 12 more
- Employee Count171
- Investments & Acquisitions
- Acquired by
Associated legal entities of GoMechanic
GoMechanic is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Service Easy Technology Private Limited CIN U50400HR2021PTC097130 | Active | 20 Aug 2021 | Gurgaon, Haryana | ₹66.7 Cr | 218 | 4 | View details |
| Targetone Innovations Private Limited CIN U74999DL2016PTC300195 | Active | 23 May 2016 | Delhi, Delhi | ₹310 Cr | 551 | 4 | View details |
Funding Insights of GoMechanic
GoMechanic has successfully raised a total of $62.01M across 7 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $6 million completed in November 2023. 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 $62.01M
- Total Rounds 7
- Last Round Debt – Venture — $6M
- First Round $250,000
(Dec 2016)
- Investors Count 11
All 7 funding rounds of GoMechanic 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 |
|---|---|---|---|---|---|
| Nov 2023 | $6M | Debt – Venture | – | – | |
| Jun 2021 | $42M | Series C | $284.54M | Tiger Global Management, Sequoia Capital | |
| Nov 2019 | $14.68M | Series B | $60.44M | Chiratae Ventures, Sequoia Capital | |
| Jan 2019 | $4.04M | Series A | $••••• | Sequoia Capital | |
| Jun 2018 | $819,646 | Series A | $••••• | Orios Venture Partners | |
| Mar 2017 | $218,153 | Seed | $••••• | Orios Venture Partners | – |
| Dec 2016 | $250,000 | Angel Round | $••••• | Dhianu Das | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $284.54M | •••••••• |
| Nov 2019 | $60.44M | •••••••• |
| Jan 2019 | $••••• | •••••••• |
| Jun 2018 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
| Dec 2016 | $••••• | •••••••• |
Full valuation and stage history of GoMechanic
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $284.54M (Jun 2021). 13 investors in total: 10 institutional and 3 angel.
Investors in GoMechanic
GoMechanic has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Spinny, Orios Venture Partners and Servizzy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital firm focused on early-stage investments | 2013 | oriosvp.com | Mumbai, India | |
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India | ||
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Single family office of Pawan Munjal, managing director and CEO of Hero MotoCorp | Delhi, India | |||
KB Kunal Bahl | Co-founder of Snapdeal, Titan Capital, active angel investor in Indian startups | unknown_fb8319fca76149aba | ||
RB Rohit Bansal | Co-founder of Snapdeal, active angel investor in Indian startups | unknown_6e551f9831b94ab18 |
Investor details for GoMechanic
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Board of directors of GoMechanic
The boards of the 2 registered companies of GoMechanic currently have 8 directors; the longest-serving is Kushal Shailesh Karwa, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kushal Shailesh Karwa DIN 07188125 | Director | 23 May 2016 | 10 yrs 5 mo | Targetone Innovations Private Limited |
| Amit Bhasin DIN 07188078 | Director | 23 May 2016 | 10 yrs 5 mo | Targetone Innovations Private Limited |
| Rishabh Shailesh Karwa DIN 09202620 | Director | 14 Jun 2021 | 5 yrs 5 mo | Targetone Innovations Private Limited |
| Nitin Rana DIN 07624297 | Director | 14 Jun 2021 | 5 yrs 5 mo | Targetone Innovations Private Limited |
| Himanshu Arora DIN 09288791 | Whole-time director | 29 Mar 2024 | 2 yrs 7 mo | Service Easy Technology Private Limited |
| Muskan DIN 09288792 | Whole-time director | 27 Apr 2024 | 2 yrs 6 mo | Service Easy Technology Private Limited |
| Mohit Gupta DIN 07383489 | Director | 11 Feb 2026 | 9 mo | Service Easy Technology Private Limited |
| Ramanshu Mahaur DIN 07332483 | Director | 11 Feb 2026 | 9 mo | Service Easy Technology Private Limited |
People of GoMechanic
6 people are tracked at GoMechanic (4 in leadership, 2 in team); the tracked headcount is 171.
| Name | Role | Group |
|---|---|---|
Muskan Kakkar | Co-Founder & COO | Leadership |
| Co-Founder | Leadership | |
Sankeerth Mysarla | General Manager | Leadership |
Sanjay Kumar Jairath | General Manager | Leadership |
Shipra Singh | Assistant Manager - Product & Analytics | Team |
Ashwin Raj | Regional Manager Operations | Team |
Complete people profiles for GoMechanic
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Financials of GoMechanic
Figures of Targetone Innovations Private Limited, the primary company behind GoMechanic, for FY 2023. Revenue was ₹310 Cr (+220% year on year). Net loss was -₹147 Cr (-48% margin). EBITDA was -₹143 Cr (-46% margin). Revenue has grown at a compounded annual rate of +131% over three years and +105% over five years.
- ₹310 CrRevenue · FY 2023 · +220% YoY
- -₹147 CrNet loss · -48% margin
- -₹143 CrEBITDA · -46% margin
- ₹3.28 CrPaid-up capital
- 551Employees (provident fund records)
- +131%Revenue CAGR, 3 years
- +105%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Targetone Innovations Private Limited are on its company page.
Detailed financial statements for GoMechanic
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Investments & Acquisitions by GoMechanic
GoMechanic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vow Car Clinic.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Closed marketplace of car service centres | vowcarclinic.com | Gurugram, India | 2015 | Dec 2017 | •••• |
Complete acquisition details for GoMechanic
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Timeline of GoMechanic
7 dated milestones of GoMechanic across 9 years, from founding to its latest funding, stage changes and deals.
- Founded GoMechanic is founded.
- Funding First funding round of $250K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Vow Car Clinic.
- Exit Acquired by Servizzy.
- Funding Latest funding round, Debt – Venture, of $6.0M.
- Exit Acquired by Spinny.
Competitors of GoMechanic
GoMechanic has 3 listed competitors in our database, 3 of them funded. They include MyTVS, GoBumpr and Ki Mobility Solutions.
| 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 | |
| gobumpr.com | 2015 | Chennai, India | $2.66M | 1,051 | App-based garage aggregation for auto repair and maintenance is offered. | |
| kimobility.in | 2020 | Chennai, India | $11.45M | 1,151 | Digital automotive marketplace platform |
Detailed competitors of GoMechanic
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Web traffic of GoMechanic
The website of GoMechanic (gomechanic.in) receives about 750.1K visits a month and ranks #75,942 among all websites worldwide, #1,477 in Vehicles.
- Monthly visits750.1K
▲ 9.5% vs previous month
- Unique visitors463.8K
per month
- Global rank#75,942
among all websites
- Category rank#1,477
Vehicles · Vehicles
- Bounce rate48%
- Pages per visit2.6
- Average visit56 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with GoMechanic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| carvaidya.com | 100% | 680.7K | #249,982 | View details | |
| team-bhp.com | 86% | 14M | #4,090 | View details | |
| spinny.com | 81% | 7.3M | #7,428 | View details | |
| cardekho.com | 79% | 39.3M | #1,206 | View details | |
| tyresnmore.com | 78% | 474.1K | #109,636 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for GoMechanic
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Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as GoMechanic (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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Related news about Gomechanic
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Frequently Asked Questions about GoMechanic
GoMechanic was founded in 2016.
GoMechanic is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
GoMechanic is a funded company, having raised a total of $62.01M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $250K, raised on Dec 2016.
GoMechanic has 171 employees.
Annual revenue of GoMechanic is $8.06M as on Mar 31, 2024.
Founded in 2016 in Gurugram, India, a network for automotive repairs and maintenance is operated. Vehicle owners are linked with local garages for services such as scheduled maintenance, AC repairs, cleaning, detailing, denting, painting, insurance work, and custom repairs. Batteries, tires, windshields, and other components are addressed, with support extended to luxury and popular car brands across the region.
GoMechanic's top competitors include MyTVS, GoBumpr and Ki Mobility Solutions.
GoMechanic has made 1 acquisition, including Vow Car Clinic.
GoMechanic has 13 investors. Key investors include Spinny, Orios Venture Partners, Servizzy, Stride Ventures, and Tiger Global.
The valuation of GoMechanic is $284.54M as of Jun 2021.
GoMechanic is associated with 2 legal entities: Targetone Innovations Private Limited, Service Easy Technology Private Limited.
Yes. GoMechanic was acquired by Servizzy in March 2023.