ReadyAssist

Bengaluru, India Founded: 2016 • Age: 10 yrs
On-demand roadside assistance and vehicle maintenance services are provided.
Annual revenue - Latest available
Total funding $7.0M 5 rounds
Employees - Tracked headcount
Investors 49 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About ReadyAssist

ReadyAssist is a company based in Bengaluru (India) founded in 2016 by Vimal Singh SV. ReadyAssist has raised $6.99 million across 5 funding rounds from investors including Howen International Fund SPC, Almas Capital and SHREEM AZ HOLDING. ReadyAssist has completed 1 acquisition, including SpeedForce. ReadyAssist operates in a competitive market with competitors including AUTO i CARE, AAIR, StrandD, GarageOnRoad and Towfixers, among others.

  • Headquarter Bengaluru, India
  • Founders Vimal Singh SV
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Business Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Business Services → Event, Translation & Local Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.99 M (USD)

    in 5 rounds

  • Latest Funding Round
    $5 M (USD), Seed

    Jun 08, 2022

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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People of ReadyAssist

Headcount 500-1000
Employee Profiles 10
Board Members and Advisors 3
Employee Profiles
People
Shamshur Rahman NS
Director Of Business Operations
People
Nikhil Singhania
Vice President Strategic Partnerships & Growth
People
Deepak Swain
Senior Software Engineer
People
Vimal Singh
Founder & CEO

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Board Members and Advisors
people
Vijay Sambamurthi
Director
people
Vivek Subramaniam
Director
people
Satish Grampurohit
Advisor

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Funding Insights of ReadyAssist

ReadyAssist has successfully raised a total of $6.99M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in June 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 ReadyAssist

ReadyAssist has secured backing from 49 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Howen International Fund SPC, Almas Capital and SHREEM AZ HOLDING.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Renewable energy M&A advisory services are provided by Almas Capital.
Locked Locked Locked
Provider of brokerage services for buying, selling, and renting diversified properties
Locked Locked Locked
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Investor details for ReadyAssist

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ReadyAssist

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

Investments
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Investment portfolio details for ReadyAssist

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Two-wheeler maintenance and repair services are provided.
Locked Locked 2012 Locked
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Complete acquisition details for ReadyAssist

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - ReadyAssist

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Detailed financials for ReadyAssist

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  • Profit trends
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Readyassist Comparisons

ReadyAssist Primary company
Description
On-demand roadside assistance and vehicle maintenance servic...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ReadyAssist

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  • Headcount comparison
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Competitors of ReadyAssist

ReadyAssist 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 AUTO i CARE, AAIR, StrandD, GarageOnRoad and Towfixers, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
App-based platform that provides roadside assistance services
Locked Locked Locked
Offers roadside assistance, tyre puncture, battery jumpstart, and vehicle services.
Locked Locked Locked
On-demand roadside assistance for vehicles is facilitated via mobile app.
Locked Locked Locked
Automobile service providers are connected to consumers via an app.
Locked Locked Locked
Delivers comprehensive roadside assistance services to users.
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Detailed competitors of ReadyAssist

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  • Domains and locations
  • Full company profiles
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Latest news on Readyassist

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Complete news archive for ReadyAssist

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about ReadyAssist

ReadyAssist was founded in 2016 and raised its 1st funding round 3 years after it was founded.

ReadyAssist is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vimal Singh SV is the current CEO of ReadyAssist. They have also founded this company.

ReadyAssist is a funded company, having raised a total of $6.99M across 5 funding rounds to date.

ReadyAssist was founded in 2016 in Bengaluru, India, operating in the automotive services sector. Breakdown support, on-site repairs for cars and bikes, and preventative maintenance including inspections are delivered to individual and corporate clients. Vehicle accessory installation and extended warranty options are also available. Technicians are dispatched to customer locations for all services.

ReadyAssist's top competitors include AUTO i CARE, StrandD and GarageOnRoad.

ReadyAssist has made 1 acquisition, including SpeedForce.

ReadyAssist has 49 investors. Key investors include Howen International Fund SPC, Almas Capital, SHREEM AZ HOLDING, Novifour, and Lokesh Venkatappa.

The valuation of ReadyAssist is $14.81M as of Jan 2022.

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