VehicleCare secures undisclosed Pre-Series A funding led by JITO Angel Network
The funds will be used for bolstering VehicleCare's proprietary technology, marketing campaigns, and driving consumer acquisition.
VehicleCare, an online platform for auto service and damage repair, has secured undisclosed pre-Series A funding from JITO Angel Network (JAN), promoted by JITO Incubation and Innovation Foundation (JIIF).
The funds will be used for bolstering VehicleCare's proprietary technology, marketing campaigns, and driving consumer acquisition.
Commenting on the latest funding round, Arvind Verma, Founder of VehicleCare, said, "The investment will fuel our growth and enable us to provide innovative solutions to address the gaps in the auto repair industry.”
We believe in VehicleCare's approach and its potential to transform the automotive industry, said Pooja Mehta, Chief Operating Officer of JIIF. "We recognise the company's commitment to providing exceptional customer service and streamlining the car service and repair process. As the lead investor, we are looking to contribute to the company’s success story. This funding round will empower VehicleCare to further leverage disruptive technologies, delivering innovative solutions and superior experiences to customers," she added.
Founded in 2019, VehicleCare offers a wide range of services and solutions in the car service and repair space. Its digital platform connects customers with nearby service centres, enables easy appointment booking, and provides real-time tracking of service requests. The company also offers a claim management system for businesses and a fleet management solution to streamline operations.
RELATED ARTICLES
Customs Department Levies ₹97.6 Lakh Tax and Penalty Order on Uno Minda
The automotive component manufacturer faces anti-dumping duties on machinery imports but expects no material impact on o...
Balkrishna Industries Appoints Saroj Kumar Khuntia as CFO
The off-highway tire manufacturer names the Mahindra and CG Power alumnus to its top financial post as the outgoing chie...
Force Motors Assembles 200,000th Mercedes-Benz Engine at Chakan Manufacturing Facility
The milestone six-cylinder powertrain highlights a three-decade industrial component partnership that supplies all local...


By Autocar Professional Bureau
11 Jul 2023
6540 Views
