About GoMechanic
GoMechanic is a company based in Gurugram (India) founded in 2016 by Muskan Kakkar and Himanshu Arora was acquired by Spinny in November 2025.. GoMechanic has raised $62.01 million across 7 funding rounds from investors including Spinny, Orios Venture Partners and Servizzy. The company has 171 employees as of May 31, 2025. GoMechanic has completed 1 acquisition, including Vow Car Clinic. GoMechanic operates in a competitive market with competitors including MyTVS, GoBumpr, Ki Mobility Solutions, VehicleCare and Hoopy Services, among others.
- Headquarter Gurugram, India
- Employees 171 as on 31 May, 2025
- Founders Muskan Kakkar, Himanshu Arora
- 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
$8.06 M (USD)8096as on Mar 31, 2024
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Net Profit
$-10.25 M (USD)-1150as on Mar 31, 2024
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EBITDA
$-4.31 M (USD)-2972as on Mar 31, 2024
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Total Equity Funding
$62.01 M (USD)
in 7 rounds
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Latest Funding Round
$6 M (USD), Debt – Venture
Nov 08, 2023
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Investors
Spinny
& 12 more
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Employee Count
171
as on May 31, 2025
- Investments & Acquisitions
- Acquired by
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General Team
2 people
Product Management Team
1 people
Operations Team
1 people
Leadership Team
1 people
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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 Total Funding
- Total Rounds 7
- Last Round Debt – Venture — $6.0M
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First Round
First Round
(08 Dec 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Debt – Venture - GoMechanic | Valuation |
investors |
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| Jun, 2021 | Amount | Series C - GoMechanic | Valuation | Tiger Global Management , Sequoia Capital | |
| Nov, 2019 | Amount | Series B - GoMechanic | Valuation | Chiratae Ventures , Sequoia Capital |
| 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 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. 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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Venture debt is provided to growth-stage companies for business scaling.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 GoMechanic
GoMechanic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vow Car Clinic. 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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Closed marketplace of car service centres
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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 - GoMechanic
| 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 |
Gomechanic Comparisons
Competitors of GoMechanic
GoMechanic 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, GoBumpr, Ki Mobility Solutions, VehicleCare and Hoopy Services, 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 |
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 |
Digital automotive marketplace platform
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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 |
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 Gomechanic
Frequently Asked Questions about GoMechanic
When was GoMechanic founded?
GoMechanic was founded in 2016.
Where is GoMechanic located?
GoMechanic is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is GoMechanic a funded company?
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 Series B of $14.68M, raised on Dec 08, 2016.
How many employees does GoMechanic have?
As of May 31, 2025, the latest employee count at GoMechanic is 171.
What is the annual revenue of GoMechanic?
Annual revenue of GoMechanic is $8.06M as on Mar 31, 2024.
What does GoMechanic do?
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.
Who are the top competitors of GoMechanic?
GoMechanic's top competitors include MyTVS, VehicleCare and GoBumpr.
How many acquisitions has GoMechanic made?
GoMechanic has made 1 acquisition, including Vow Car Clinic.
Who are GoMechanic's investors?
GoMechanic has 13 investors. Key investors include Spinny, Orios Venture Partners, Servizzy, Stride Ventures, and Tiger Global.
What is GoMechanic's valuation?
The valuation of GoMechanic is $284.54M as of Jun 2021.
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