About Zonnett
Zonnett was a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2015 by Abhijit Saxena, Kanishka Garg, and Vishwajeet Sukhija. It provides comprehensive on-demand automotive services for efficient vehicle care. It operates on a B2C model. Zonnett has raised $449.45 thousand across 2 funding rounds from investors including Vivek Saxena, Aditya Vazirani and Rhea Vazirani. Zonnett was last valued at $1.22 million in January 2018. Its chief executive is Abhijit Saxena. Its Indian entity Driving Mind Innovations Private Limited reported revenue of ₹19.3 Lakh. The company is recorded as dissolved. Its focus areas include Automotive, Services, On-Demand Services and Repair and Maintenance. Its competitors include GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Zonnett, established in 2015, excels in dealing with automotive parts, providing essential services, on-demand services, and offering repair and maintenance. Provides comprehensive on-demand automotive services for efficient vehicle care. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Mumbai, India
- Founders Abhijit Saxena, Kanishka Garg, Vishwajeet Sukhija
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website zonnett.com
- Social X
- Legal Name Driving Mind Innovations Private Limited
- Date of Incorporation 31 Oct, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹19.3 Lakh
FY 2017 · +546% YoY
- Net Loss-₹1.44 Cr
FY 2017 · -747% margin
- EBITDA-₹1.29 Cr
FY 2017 · -669% margin
- Total Equity Funding$449.45K (USD)
in 2 rounds
- Latest Funding Round$75.24K (USD), Angel Round
Jan 2018
- InvestorsStulz
& 6 more
Associated legal entities of Zonnett
Zonnett operates through Driving Mind Innovations 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 |
|---|---|---|---|---|---|---|---|
| Driving Mind Innovations Private Limited CIN U22100MH2013PTC249706 | Strike Off | 31 Oct 2013 | Mumbai, Maharashtra | ₹0.2 Cr | – | 3 | View details |
Funding Insights of Zonnett
Zonnett has successfully raised a total of $449.45K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $75.24 thousand completed in January 2018. 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 $449,446
- Total Rounds 2
- Last Round Angel Round — $75,243
- First Round $374,203
(Jan 2016)
- Investors Count 7
All 2 funding rounds of Zonnett with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $75,243 | Angel Round | $1.22M | Vivek Saxena | |
| Jan 2016 | $374,203 | Seed | $1.02M | Atul Phadnis, Stulz |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2018 | $1.22M | •••••••• |
| Jan 2016 | $1.02M | •••••••• |
Last known valuation $1.22M (Jan 2018). 7 investors in total: 1 institutional and 6 angel.
Investors in Zonnett
Zonnett has secured backing from 7 investors, including angel and institutional investors. Prominent investors backing the company include Vivek Saxena, Aditya Vazirani and Rhea Vazirani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cooling solutions are provided for mission-critical applications by Stulz. | – | stulz.com | Hamburg, Germany | |
VS Vivek Saxena | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_729432af0ef043c38 | - |
AV Aditya Vazirani | - | – | unknown_1fb1075f8dc440ae8 | - |
RV Rhea Vazirani | Angel investor and entrepreneur, focusing on early-stage Indian startups. | – | unknown_0337b03f5e314ca69 | - |
AP Atul Phadnis | Angel investor, ex-Google, focused on tech startups in India. | – | unknown_5850e5d3c5e743cfb | - |
CR Chandresh Ruparel | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_344e153ad48b47cb9 | - |
SB Suresh Balakrishna | - | – | unknown_5a6f5b2054f84139b | - |
Investor details for Zonnett
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Driving Mind Innovations Private Limited (Zonnett)
Driving Mind Innovations Private Limited is the primary company behind Zonnett. The board of Driving Mind Innovations Private Limited currently have 3 directors; the longest-serving is Abhijit Saxena, appointed in 2013. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhijit Saxena DIN 00701277 | Whole-time director | 31 Oct 2013 | 12 yrs 11 mo | Driving Mind Innovations Private Limited |
| Kanishka Garg DIN 07299291 | Director | 28 Sep 2015 | 11 yrs | Driving Mind Innovations Private Limited |
| Vikrant Ram Pawar DIN 07367060 | Director | 11 Dec 2015 | 10 yrs 10 mo | Driving Mind Innovations Private Limited |
People of Zonnett
4 people are tracked at Zonnett (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-founder, Head of Technology | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Zonnett
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Zonnett
Figures of Driving Mind Innovations Private Limited, the primary company behind Zonnett, for FY 2017. Revenue was ₹19.3 Lakh (+546% year on year). Net loss was -₹1.44 Cr (-747% margin). EBITDA was -₹1.29 Cr (-669% margin). Revenue has grown at a compounded annual rate of -42% over three years.
- ₹19.3 LakhRevenue · FY 2017 · +546% YoY
- -₹1.44 CrNet loss · -747% margin
- -₹1.29 CrEBITDA · -669% margin
- ₹5.1 LakhPaid-up capital
- -42%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Driving Mind Innovations Private Limited are on its company page.
Detailed financial statements for Zonnett
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Zonnett
4 dated milestones of Zonnett across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Zonnett is founded.
- Funding First funding round of $374K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $75K.
Competitors of Zonnett
Zonnett has 9 listed competitors in our database, 9 of them funded. They include GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.
| 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. | |
| vehiclecare.in | 2019 | Gurugram, India | $374,811 | 63 | AI-based car repair and maintenance services are delivered. | |
| kimobility.in | 2020 | Chennai, India | $11.45M | 1,151 | Digital automotive marketplace platform | |
| hoopy.in | 2016 | Bengaluru, India | $1.64M | 45 | Online platform for news articles on sports, entertainment, and current events worldwide. | |
| fixcraft.in | 2018 | Gurugram, India | $2.29M | 2 | Online car repair and maintenance services are provided. | |
| carcrew.in | 2015 | Mumbai, India | $2.72M | 17 | Online portal for car servicing | |
| autobrix.com | 2018 | Bengaluru, India | $3.01M | – | An online platform for booking car wash and repair services conveniently. |
Detailed competitors of Zonnett
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Automotive Engineering & Design Services
10 companies that operate in the same segment as Zonnett (Automotive Engineering & Design Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Powertrain components are manufactured and supplied by AVL. | 1948 | Englishtown, New Jersey, United States | – | USD 38.84 M | 289 | |
Automotive design and engineering services are provided globally. | 1960 | Coimbatore, Tamil Nadu, India | – | USD 13.66 M | 845 | |
Electronics and software development services for automotive industry are provided. | 2010 | Gaimersheim, Bavaria, Germany | – | – | – | |
Aerospace engineering services are provided by Humanetics since 1952. | 1952 | Farmington Hills, Michigan, United States | – | – | – | |
Provider of automotive parts design, power tools, outdoor equipment, and other products services | 1927 | New Britain, Connecticut, United States | – | USD 30.45 K | 5 | |
Extended protection plans are provided for commercial vehicles. | 1983 | Cranford, New Jersey, United States | USD 500 K | – | – | |
Automotive transactions and used car export services are facilitated. | 2010 | Shanghai, China | – | USD 688.08 M | 217 | |
Provider of design, engineering, testing, and homologation services to the automotive industry | 1971 | Tarragona, Catalonia, Spain | – | USD 10.88 M | 325 | |
Cars are manufactured and marketed by Pininfarina. | 1930 | Cambiano, Piemonte, Italy | – | USD 120.64 M | – | |
Electric vehicles are manufactured and designed by CIMC Vehicles. | 2013 | Shenzhen, Guangdong, China | – | USD 2.88 B | 9,460 |
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Frequently Asked Questions about Zonnett
Zonnett was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Zonnett is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Abhijit Saxena is the current CEO of Zonnett. They have also founded this company.
Zonnett is a funded company, having raised a total of $449.45K across 2 funding rounds to date. The company's 1st funding round was a Seed of $374.2K, raised on Jan 2016.
The primary company behind Zonnett, Driving Mind Innovations Private Limited, reported revenue of ₹19.3 Lakh for FY 2017, up 546% year on year.
Zonnett, established in 2015, excels in dealing with automotive parts, providing essential services, on-demand services, and offering repair and maintenance. Provides comprehensive on-demand automotive services for efficient vehicle care. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Zonnett's top competitors include GoMechanic, MyTVS and VehicleCare.
Zonnett has 7 investors. Key investors include Vivek Saxena, Aditya Vazirani, Rhea Vazirani, Atul Phadnis, and Chandresh Ruparel.
The valuation of Zonnett is $1.22M as of Jan 2018.
Zonnett operates through Driving Mind Innovations Private Limited.
The legal entities of Zonnett currently have 3 directors, including Abhijit Saxena, Vikrant Ram Pawar, Kanishka Garg.