WebMar 11, 2024 · The acquisition of GoMechanic is the latest in a series of moves by CarTrade to expand its presence in the Indian auto market. Last year, the company acquired rival online auto marketplace CarWale in a deal worth over $90 million, and has since been working to integrate the two platforms. WebView Avni Tiwari's business profile as Operation Executive at GoMechanic. Find contact's direct phone number, email address, work history, and more.
Sequoia-backed GoMechanic inflates revenue, fires 700 - Times of …
WebJan 19, 2024 · By Express News Service. BENGALURU: Online car service and repair start-up GoMechanic has admitted to financial reporting ‘errors’, and will fire 70% of the 1,200-odd workforce. Now the cash ... Web1 day ago · Early-stage venture capital firm Orios Venture Partners has set up an audit function at the fund level to strengthen systems following the financial misreporting by GoMechanic's founder, a top executive told VCCircle in an interview. Anup Jain, managing partner at Orios, also said the VC firm is looking to complete exits ..... head hq
Distressed Indian startup GoMechanic acquired by Lifelong Group …
WebFeb 21, 2024 · SoftBank plans $35 million bet on India's GoMechanic. Vision Fund's early-stage talks with GoMechanic are being held around a valuation of $600-700 million, with Malaysian sovereign fund Khazanah and existing investor Tiger Global also planning to invest in the $100-million funding round. 06 Sep, 2024, 02:59 PM IST. WebJan 18, 2024 · GoMechanic founder admits 'errors' in financial reporting; to layoff 70 per cent workforce The start-up reported Rs 96.8 crore in revenues and loss for the year stood at Rs 114.3 crore, up from Rs ... WebJan 19, 2024 · GoMechanic was in talks to raise around $75-80 million in a fresh funding round led by SoftBank, with participation from Malaysian sovereign fund Khazanah Nasional. It has so far raised close to ... head hr dixoninfo