BUSINESS BRIEF
The company is a tech-driven, multi-brand automotive service platform. It has reinvented the vehicle repair, maintenance and insurance industry owing to its Pan-India network of Mechanic Workshops on-boarded on its platform, offering a one-stop solution to car owners.
Business Model:
It works on an asset-light model ensuring high quality services along with Supply-Chain Optimization.
Highlights:
- Strategic Alliance with 20+ Insurance/broking partners and 15+ B2B Partners (OEMs, EV Manufacturers etc.)
- Connected 1200+ workshops across 200+ cities, with 100+ franchises
- Strong and Experienced Founding team with extensive industry experience
- Aspirational Turnaround Time for all services at 40% less price than the OEM workshops
- GMV of ~INR 50 Crores, Revenue of ~INR 7 Crores, Achieved EBITDA positivity in Q4 of FY 24
- Backed by JITO Angel Network (Equity – USD 500K) and Total Energies (Strategic Investment, Non-Equity – USD 1 Million)
Business Divisions
- B2C Suite – Vehicle lifecycle management, AI-based repair & maintenance, predictive maintenance, instant repair estimation.
- Insurance Suite (B2B2C) – End-to-end AI-powered claims management, digital claims experience (DCX), repair tracking.
- Enterprise Suite (B2B) – Fleet maintenance solutions, garage management software, spares distribution platform.
- EV Suite – EV lifecycle management, battery health tracking, performance optimization.
- Spare Parts Division – Platform for spare parts, tyres, oil barrels, etc.
- Franchise Network – Multi-brand workshops onboarded across India.
- SaaS Division (future prospect) – AI SaaS tools for workshops & insurers (AI camera, garage management system, pre-inspection tools).
Products & Services
- Full range of multi-brand car servicing and repairs.
- AI-driven repair estimation camera for pre-inspection.
- Predictive maintenance tools for vehicles.
- Claims Tech Platform for insurers (live tracking, seamless processing).
- Spare parts marketplace (genuine parts, tyres, oils).
- Franchise workshops with standardized processes.
- EV solutions – AMC, warranty, IoT-based monitoring, battery management.
- Prime Subscription Service for retail customers.
- Future SaaS offerings for garage & insurance management systems.
Proposal
Industry
Information and Communications Technology-ICT
Sub Industry
Software and Application Development (Platform Development)
Nature of Business
B2B, B2C
Sector
Services
Location
India
Region
Across India
Open For Dilution
22 %
Top Customer
Ask
INR 30.5 Cr
End use of fund
-
Marketing & Branding (40% | USD 1.5 Mn)
Expenditure on business development
Omni-channel marketing campaigns
Building strong brand recall value -
Tech Expansion (30% | USD 1 Mn)
Research & Development
Build new features and functionalities
Improve scalability and performance of tech platform -
New Hiring (30% | USD 1 Mn)
Recruit top talent in tech, marketing, and sales
Invest in training and development programs
Expand staff across multiple departments
Business Operation Information
Financial Information |
2025 (in INR Cr) | 2024 (in INR Cr) | 2023 (in INR Cr) |
|---|---|---|---|
Sales |
11.3 | 8.4 | 4.40 |
EBITDA |
|||
PAT |
N.D |
