About VehicleCare
VehicleCare is a company based in Gurugram (India) founded in 2019 by Alok Srivastava, Arvind Verma, Inder Vikiem Jit, and Amit Kumar.. VehicleCare has raised $374.81 thousand across 3 funding rounds from investors including MTC Group, Ankur Nyati and Sanpra Infotech. VehicleCare offers products and services including Car Service Search, Repairs and Claims, and Washing and Denting. VehicleCare operates in a competitive market with competitors including MyTVS, Fixcraft, AutoBrix, Amber and Automovill, among others.
- Headquarter Gurugram, India
- Founders Alok Srivastava, Arvind Verma, Inder Vikiem Jit, Amit Kumar
- 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 Houseneed Doorstep Services Private Limited
- Date of Incorporation 23 Feb, 2016
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$533.7 K (USD)-77.55as on Mar 31, 2023
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Net Profit
$-23.91 K (USD)-335.38as on Mar 31, 2023
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EBITDA
$-24.24 K (USD)-53.19as on Mar 31, 2023
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Total Equity Funding
$374.81 K (USD)
in 3 rounds
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Latest Funding Round
$36.25 K (USD), Angel Round
Mar 08, 2024
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Investors
MTC Group
& 8 more
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Employee Count
Employee Count
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Acquired by
(Jan 06, 2026)
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Products & Services of VehicleCare
VehicleCare offers a comprehensive portfolio of products and services, including Car Service Search, Repairs and Claims, and Washing and Denting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for searching car servicing and repairs in India
Handles car repairs and insurance claims at affordable prices
Offers meticulous car washing, denting, and painting services
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Funding Insights of VehicleCare
VehicleCare has successfully raised a total of $374.81K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $36.25 thousand completed in March 2024. 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 3
- Last Round Angel Round — $36,250
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Angel Round - VehicleCare | Valuation | Ankur Nyati |
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| Jul, 2023 | Amount | Seed - VehicleCare | Valuation | MTC Group | |
| Jul, 2023 | Amount | Seed - VehicleCare | Valuation | JITO Incubation & Innovation Foundation |
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| 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 VehicleCare
VehicleCare has secured backing from 9 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include MTC Group, Ankur Nyati and Sanpra Infotech. 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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Multiple sectors are incubated by the foundation in Mumbai, India.
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Trading and manufacturing of metals and related products are conducted.
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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 VehicleCare
| 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 |
Financial Statements - VehicleCare
| 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 |
Vehiclecare Comparisons
Competitors of VehicleCare
VehicleCare 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, Fixcraft, AutoBrix, Amber and Automovill, 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 |
Online car repair and maintenance services are provided.
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| domain | founded_year | HQ Location |
An online platform for booking car wash and repair services conveniently.
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| domain | founded_year | HQ Location |
Extended warranty services are provided for Tesla electric vehicles.
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| domain | founded_year | HQ Location |
Auto repair and maintenance services are aggregated online for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Vehiclecare
Frequently Asked Questions about VehicleCare
When was VehicleCare founded?
VehicleCare was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is VehicleCare located?
VehicleCare is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is VehicleCare a funded company?
VehicleCare is a funded company, having raised a total of $374.81K across 3 funding rounds to date.
What is the annual revenue of VehicleCare?
Annual revenue of VehicleCare is $533.7K as on Mar 31, 2023.
What does VehicleCare do?
VehicleCare was founded in 2019 in Gurugram, India, as an AI-driven platform in the automotive services sector. Scheduled maintenance such as oil changes, tire rotations, AC servicing, and windshield replacements is provided, alongside doorstep repairs, emergency roadside assistance, car washing, denting, painting, wheel care, and battery services. Insurance claims processing, periodic vehicle checks, and real-time tracking updates are also handled for clients including Land Rover, Mahindra, Toyota, and Audi.
Who are the top competitors of VehicleCare?
What products or services does VehicleCare offer?
VehicleCare offers Car Service Search, Repairs and Claims, and Washing and Denting.
Who are VehicleCare's investors?
VehicleCare has 9 investors. Key investors include MTC Group, Ankur Nyati, Sanpra Infotech, Shailesh Haran, and Execution Excellence.
What is VehicleCare's valuation?
The valuation of VehicleCare is $11.98M as of Mar 2024.
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