Industry Newsroom

GoMechanic Raises USD15 Million in Series B Round Led by Chiratae Ventures and Sequoia Capital

India-based automotive services provider GoMechanic has received INR1.1 billion (approximately USD15 million) in a Series B funding round led by India-focused venture capital firm Chiratae Ventures and global venture capital investor Sequoia Capital. Existing investor Orios Venture Partners also participated in the round. GoMechanic operates a network of automotive repair workshops across India whose services can be booked online. The company plans to use these funds to expand to more than 1,000 workshops by December 2021.