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
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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
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Net Profit
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EBITDA
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Total Equity Funding
$6.99 M (USD)
in 5 rounds
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Latest Funding Round
$5 M (USD), Seed
Jun 08, 2022
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Investors
Howen International Fund SPC
& 48 more
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Employee Count
Employee Count
- Investments & Acquisitions
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $5.0M
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First Round
First Round
(19 Feb 2019)
- Investors Count 49
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - ReadyAssist | Valuation | Almas Capital | |
| Jan, 2022 | Amount | Seed - ReadyAssist | Valuation | Lokesh Venkatappa | |
| Nov, 2020 | Amount | Angel Round - ReadyAssist | Valuation | Lokesh Venkatappa , Sanjay Kumar Singh |
| 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 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. 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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Founded Year | Domain | Location | |
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Renewable energy M&A advisory services are provided by Almas Capital.
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Founded Year | Domain | Location | |
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Provider of brokerage services for buying, selling, and renting diversified properties
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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 ReadyAssist
ReadyAssist has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SpeedForce. 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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Two-wheeler maintenance and repair services are provided.
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2012 |
| 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 - ReadyAssist
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Readyassist Comparisons
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. 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 |
App-based platform that provides roadside assistance services
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| domain | founded_year | HQ Location |
Offers roadside assistance, tyre puncture, battery jumpstart, and vehicle services.
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| domain | founded_year | HQ Location |
On-demand roadside assistance for vehicles is facilitated via mobile app.
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| domain | founded_year | HQ Location |
Automobile service providers are connected to consumers via an app.
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| domain | founded_year | HQ Location |
Delivers comprehensive roadside assistance services to users.
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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 Readyassist
Frequently Asked Questions about ReadyAssist
When was ReadyAssist founded?
ReadyAssist was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is ReadyAssist located?
ReadyAssist is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ReadyAssist?
Vimal Singh SV is the current CEO of ReadyAssist. They have also founded this company.
Is ReadyAssist a funded company?
ReadyAssist is a funded company, having raised a total of $6.99M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on Feb 19, 2019.
What does ReadyAssist do?
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.
Who are the top competitors of ReadyAssist?
ReadyAssist's top competitors include AUTO i CARE, StrandD and GarageOnRoad.
How many acquisitions has ReadyAssist made?
ReadyAssist has made 1 acquisition, including SpeedForce.
Who are ReadyAssist's investors?
ReadyAssist has 49 investors. Key investors include Howen International Fund SPC, Almas Capital, SHREEM AZ HOLDING, Novifour, and Lokesh Venkatappa.
What is ReadyAssist's valuation?
The valuation of ReadyAssist is $14.81M as of Jan 2022.