Gomechanic financials
WebGoMechanic.in. Jun 2024 - Present7 months. Gurugram, Haryana, India. • Preparing management reports and presentations (MIS, board … WebJan 19, 2024 · Bhasin also confirmed that the firm will sack 70% of its employees as its investors including the likes of Sequoia, Tiger Global, Chiratae Ventures, have initiated a financial audit of the firm. Also in this …
Gomechanic financials
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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 · Major investors of Indian car service and repair firm GoMechanic have ordered a probe after they were made aware of serious inaccuracies in the startup's financial reporting. The investors - Tiger …
WebThe company, which admitted to errors in financial reporting last month, said it serviced 30,000 vehicles last month, which is 70 per cent of the peak sales it achieved in July … 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 ...
WebJan 19, 2024 · GoMechanic was recently in the process of raising around $80 million in a Series D funding round led by SoftBank’s Vision Fund and Malaysian sovereign fund Khazanah Nasional. The talks around... 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 ...
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.
WebNov 1, 2024 · GoMechanic had raised $42 million in a new round led by Tiger in June and the New York-based investor has just picked up 34 employee stock options ... While the company is yet to file an annual financial statement for FY21, its operating revenue jumped to Rs 24.04 crore in FY20 from Rs 17.33 crore in the previous fiscal (FY19). ... the cranberries vintage t shirtWebFeb 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. the cranberries zombie cdWebJan 19, 2024 · GoMechanic had all the right mix to be a pioneer in the garage services business. It had the first-mover advantage, IIM A-graduate founders, big names of the … the cranberry inn bookWebGoMechanic Comparisons Description Primary Industry HQ Location Employees Total Raised Post Valuation Last Financing Details Operator of an online car servicing platform … the cranberries zombie coversWebApr 10, 2024 · Amit Bhasin, the co-founder of GoMechanic, acknowledged financial reporting errors at the Sequoia-backed auto repair startup in a LinkedIn post by saying, "Our passion got the better of us." He ... the cranberry house hoursWebMar 29, 2024 · GoMechanic india Mergers and Acquisitions Sequoia India TechCrunch Early Stage 2024 24 hours left to save $200 on TC Early Stage tickets Alexandra Ames 5:20 AM PDT • March 31, 2024 TechCrunch... the cranberry inn by barbara josselsohnWebJan 19, 2024 · Gurugram-based car repair startup GoMechanic has admitted to errors in financial reporting, as a result of which 70 per cent of its workforce is to be laid off as part of a business restructuring ... the cranberry house newland nc