About honc
honc is a company based in Hyderabad (India) founded in 2020 by Rahul Marwar, Viraji Kondapally, and Niranjan Seelam. honc has raised $433.3 thousand across 3 funding rounds from investors including Dholakia Ventures, Amey Mashelkar and Jasminder Singh Gulati. honc operates in a competitive market with competitors including GoMechanic, GoBumpr, Ki Mobility Solutions, Carcrew and Hoora, among others.
- Headquarter Hyderabad, India
- Founders Rahul Marwar, Viraji Kondapally, Niranjan Seelam
- 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 Ravini Technologies Private Limited
- Date of Incorporation 19 Aug, 2019
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$106.16 K (USD)170.77as on Mar 31, 2023
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Net Profit
-$271.31 K (USD)-79.07as on Mar 31, 2023
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EBITDA
-$250.42 K (USD)-68.15as on Mar 31, 2023
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Total Equity Funding
$433.3 K (USD)
in 3 rounds
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Latest Funding Round
$400 K (USD), Seed
Feb 05, 2022
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Investors
Dholakia Ventures
& 25 more
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Employee Count
Not available
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Funding Insights of honc
honc has successfully raised a total of $433.3K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $400 thousand completed in February 2022. 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.
Investors in honc
honc has secured backing from 26 investors, including angel and venture fund investors. Prominent investors backing the company include Dholakia Ventures, Amey Mashelkar and Jasminder Singh Gulati.
| Investor | Description | Founded Year | Domain | Location |
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Investing in pre-seed to Series A startups across various sectors in India.
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Early-stage startups are funded by 100X.VC venture capital firm.
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AM
Amey Mashelkar |
Angel investor, Head of JioGenNext, focused on deep tech and innovation
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Investor details for honc
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Investments & Acquisitions by honc
Investment portfolio details for honc
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Financial Statements - honc
Detailed financials for honc
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Honc Comparisons
Peer comparison for honc
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Competitors of honc
honc 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 GoMechanic, GoBumpr, Ki Mobility Solutions, Carcrew and Hoora, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of car service and repair network
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App-based garage aggregation for auto repair and maintenance is offered.
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Digital automotive marketplace platform
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Online portal for car servicing
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Automotive aftermarket services are booked through an app-based platform.
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Detailed competitors of honc
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Latest news on Honc
Complete news archive for honc
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Frequently Asked Questions about honc
honc was founded in 2020.
honc is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
honc is a funded company, having raised a total of $433.3K across 3 funding rounds to date.
Annual revenue of honc is $106.16K as on Mar 31, 2023.
Honc was founded in 2020 in Hyderabad, India, as an app-based platform for booking onsite car services. Users provide location, personal details, and payment information to schedule appointments. Services encompass car grooming, general servicing, flat tire repairs, car spa treatments, and jumpstart assistance. The platform operates through applications available on iOS and Android devices, focusing on the automotive care sector.
honc's top competitors include GoMechanic, GoBumpr and Ki Mobility Solutions.
honc has 26 investors. Key investors include Dholakia Ventures, Amey Mashelkar, Jasminder Singh Gulati, Nilesh Patel, and Muralidhar Raju.
The valuation of honc is $2.59M as of Feb 2022.