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Nitin Gadkari Encourages New Gen Of Auto Trailblazers

Union Minister of the Ministry of Road Transport & Highways, Nitin Gadkari, graced a BW Businessworld initiative celebrating India’s 40 under 40 auto leaders who are ushering in a wave of change in one of the oldest industries, , BW Autoworld, 40 Under 40 Summit and Awards

Zilliqa launches the latest ZILHive Accelerator 2021-2022 blockchain project »CryptoNinjas

Pitstop to foray into EV servicing

Pitstop to foray into EV servicing Updated: Updated: Share Article AAA Pitstop, a tech-enabled, multi-brand car service company, is planning to foray into servicing of Electric Vehicles (EVs), mainly two wheelers, three wheelers and delivery vans which are now finding traction among the public and enterprises due to low operating costs and environmental concerns. The firm, which operates through ‘At-home services Vans’ and a network of certified garages to service off-warranty Internal Combustion Engine (IEC) vehicles, has already undertaken a pilot and will roll out its services shortly, a top executive said. “EV companies, the new age OEMs, have built the entire technology but lack the service network reach for repair. Today everybody is thinking in terms of charging infrastructure but eventually, they will require service and repair infrastructure,” said Mihir Mohan, founder & CEO, Pitstop.

India: Car repair firm Pitstop raises $3 5m funding led by Ventureast

India: Car repair firm Pitstop raises $3 5m funding led by Ventureast
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Pitstop raises USD 3 5 million in pre-series B funding led by Ventureast

Pitstop raises USD 3.5 million in pre-series B funding led by Ventureast Posted On: 2021-04-06 02:53:23 (Time Zone: Arizona, USA) Pitstop, India s most trusted tech-enabled multi-brand car service provider has raised USD 3.5 million in a Pre-series-B. The funding was led by Ventureast with participation from ACKO Technologies, LetsVenture, AngelList India, Blume Ventures, among others. The company has earlier raised funding from a marquee list of investors which includes Landmark Cars (one of India s largest car dealership chain), Anuj Srivastava and Ramakant Sharma from Livspace, Rahul Garg from Moglix, Shailesh Rao to name a few. Pitstop will use this funding to strengthen its end-to-end car maintenance operations in the existing cities and further expand to 20 additional cities by the end of the year.

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