GoBumpr, a Chennai, India-based automobile aftermarket platform, raised around $600k in Pre-Series A funding.
The round was led by Mr. Vinod Kumar Dasari (MD, Ashok Leyland) with participation from Shankar V (Director, Acsys Investments), Ramaraj R (Founding Member, Elevar Advisors), Priyamvada Balaji (Wholetime Director, Lucas Indian Service) from TCA, Ramesh Mangaleswaran (Senior Partner, McKinsey) and Gopal Mahadevan (CFO, Ashok Leyland).
Earlier, GoBumpr raised $420K in Jan 2017 in their first round of investment.
Started in Oct 2015 by IIM grads Karthik Venkateswaran, Nandha Kumar Ravi and Sundar Natesan, GoBumpr leverages mobile technology to standardize and automate the automobile after-sales market ($10bn in annual revenue). Currently, the company is India’s largest player in the online automobile services aggregation space in terms of number of workshops getting business via the platform and the number of daily service transactions. It also provides car wash, engine oil change, tyres and battery replacement services at home, and automated service reminders to vehicle owners.
GoBumpr has over 2.5Lakh+ customers and 2500+ service workshops in their platform, is currently available in Chennai & Bangalore and would soon be available in other metro cities.
FinSMEs
02/07/2018