About Stepni
Stepni is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2015 by Davneva Phira, and was acquired by Quikr in September 2016. Customers are connected with garages for car repairs and servicing. It operates in the Transportation, Automotive & Logistics and Business Services sectors. Its Indian entity Fluid Organisation Auto Tech Private Limited reported revenue of ₹33.6 Lakh. The company was acqui-hired. Its focus areas include Consumer, Auto E-Commerce & Content, Aftermarket Service and Repair. Its competitors include GoMechanic, MyTVS and GoBumpr; 3 of its 3 listed competitors have raised funding.
Company details
Stepni connects customers with nearby garages for car repair and servicing. Services include denting, painting, cleaning, servicing, tyre services, etc. Has a section for diagnosing problem with car. Gets quotes from garages. Provides its own ratings of garages on top of consumer ratings, based on various parameters like garage equipment, infrastructure, qualifications and certifications of the garage. Claims to have tied up with 125 garages around Bangalore, as of Feb 2016. Stepni takes care of quality control over the process through a 50 point checklist before the car gets sent back to customer. Founder ex Bankbazaar, IIM-B alum. Acquired by Quikr in Sept 2016.
- Headquarters Mumbai, India
- Founders Davneva Phira
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsBusiness Services
- Email••••••••
- Website stepni.com
- Social LinkedIn X Facebook
- Acquired by Quikr (Sep 2016)
- Legal Name Fluid Organisation Auto Tech Private Limited
- Date of Incorporation 02 Dec, 2015
- Jurisdiction Bengaluru, Karnataka, India
Associated legal entities of Stepni
Stepni operates through Fluid Organisation Auto Tech Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fluid Organisation Auto Tech Private Limited CIN U50404KA2015PTC084472 | Strike Off | 02 Dec 2015 | Bengaluru, Karnataka | ₹0.3 Cr | 2 | View details |
Investors in Stepni
Stepni has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Quikr.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online platform for second-hand listings and peer-to-peer transactions | 2008 | quikr.com | Bengaluru, India |
Investor details for Stepni
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Board of directors of Fluid Organisation Auto Tech Private Limited (Stepni)
Fluid Organisation Auto Tech Private Limited is the primary company behind Stepni. The board of Fluid Organisation Auto Tech Private Limited currently have 2 directors; the longest-serving is Vinay Singh, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinay Singh DIN 07322458 | Director | 02 Dec 2015 | 10 yrs 11 mo | Fluid Organisation Auto Tech Private Limited |
| Davneva Phira DIN 07314660 | Director | 02 Dec 2015 | 10 yrs 11 mo | Fluid Organisation Auto Tech Private Limited |
People of Stepni
1 people are tracked at Stepni (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Stepni
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Financials of Stepni
Figures of Fluid Organisation Auto Tech Private Limited, the primary company behind Stepni, for FY 2017. Revenue was ₹33.6 Lakh. Net loss was -₹1.4 Lakh (-4% margin). EBITDA was -₹1.2 Lakh (-4% margin).
- ₹33.6 LakhRevenue · FY 2017
- -₹1.4 LakhNet loss · -4% margin
- -₹1.2 LakhEBITDA · -4% margin
- ₹1.3 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Fluid Organisation Auto Tech Private Limited are on its company page.
Detailed financial statements for Stepni
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Timeline of Stepni
2 dated milestones of Stepni across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Stepni is founded.
- Exit Acquired by Quikr.
Competitors of Stepni
Stepni has 3 listed competitors in our database, 3 of them funded. They include GoMechanic, MyTVS and GoBumpr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gomechanic.in | 2016 | Gurugram, India | $62.01M | 171 | Provider of car service and repair network | |
| 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. |
Detailed competitors of Stepni
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Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as Stepni (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 Stepni
Complete news archive for Stepni
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Frequently Asked Questions about Stepni
Stepni was founded in 2015.
Stepni is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Stepni, Fluid Organisation Auto Tech Private Limited, reported revenue of ₹33.6 Lakh for FY 2017.
Stepni connects customers with nearby garages for car repair and servicing. Services include denting, painting, cleaning, servicing, tyre services, etc. Has a section for diagnosing problem with car. Gets quotes from garages. Provides its own ratings of garages on top of consumer ratings, based on various parameters like garage equipment, infrastructure, qualifications and certifications of the garage. Claims to have tied up with 125 garages around Bangalore, as of Feb 2016. Stepni takes care of quality control over the process through a 50 point checklist before the car gets sent back to customer. Founder ex Bankbazaar, IIM-B alum. Acquired by Quikr in Sept 2016.
Stepni's top competitors include GoMechanic, MyTVS and GoBumpr.
Stepni has 1 investor. Key investors include Quikr.
Stepni operates through Fluid Organisation Auto Tech Private Limited.
Yes. Stepni was acquired by Quikr in September 2016.
The legal entities of Stepni currently have 2 directors, including Vinay Singh, Davneva Phira.