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Sequoia India-backed GoMechanic acquired by Lifelong Group consortium

Sequoia India-backed online vehicle repair platform GoMechanic, which went through a saga of misrepresenting facts, errors in financial reporting and the subsequent layoff of 70 per cent of its workforce, has been acquired by a consortium led . ....

New Delhi , Rishabh Karwa , Amit Bhasin , Kushal Karwa , Nitin Rana , Lifelong Group , Sequoia India Backed , Delhi Headquartered Lifelong Group , General Motors ,

Troubled GoMechanic Acquired By Lifelong Group Led Consortium

Two months after GoMechanic’s cofounder Amit Bhasin publicly admitted to financial misreporting, the startup has found a buyer. ....

Kushal Karwa , Nitin Rana , Amit Bhasin , Rishabh Karwa , Lifelong Group , Sequoia Backed Gomechanic , Gomechanic Business , Stride Ventures , Orios Venture Partners ,

Sequoia India-backed GoMechanic Acquired By Lifelong Group Consortium

New Delhi, March 29 (IANS) Sequoia India-backed online vehicle repair platform GoMechanic, which went through a saga of misrepresenting facts, errors in ....

New Delhi , Kushal Karwa , Amit Bhasin , Nitin Rana , Rishabh Karwa , Lifelong Group , Sequoia India Backed , Delhi Headquartered Lifelong Group , General Motors ,

GoMechanic Finds A Buyer In CarTrade, Beleaguered Startup Valued At Over $30 Mn

Almost two months after GoMechanic cofounder publicly admitted to financial misreporting, the startup has reportedly found a buyer ....

Nitin Rana , Bhasin Linkedin , Rishabh Karwa , Amit Bhasin , Kushal Karwa , Sequoia Backed Gomechanic , Orios Venture Partners ,

GoMechanic Announces Turnaround In Core Business In January

Today, one of India’s biggest network of technology- GoMechanic- enabled car service centres, revealed a turnaround in its core business of services in the last month. It serviced 30,000 vehicles in January, which is 70 per cent of the peak sales achieved in its entire existence counting from July 2022. The car service continues to see strong auto servicing volumes in most of its markets, with Delhi-NCR making for the most. Other top geographies are also showing good traction, sustaining the business on a month-on-month basis in terms of car servicing volumes. In a huge validation of the robustness of its business model and its relevant value proposition, 800+ workshops remain active in the network. GoMechanic also got 3000 new members to its Miles program, which currently has 60,000 members. ....

Nitin Rana , Rishabh Karwa , Amit Bhasin , Kushal Karwa , Live Mint , Image Source ,