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Gomechanic revenue

WebMar 28, 2024 · GoMechanic provides an online car servicing platform intended to help people to schedule their car servicing online in a desired time. Search Crunchbase. Start Free Trial . ... cnbctv18.com — GoMechanic co-founder Amit Bhasin apologises for revenue fudging and 70% staff cut .

Distressed Indian startup GoMechanic acquired by Lifelong Group …

WebJan 24, 2024 · A tale of growth pressures, inflated revenue and unicorn aspirations, the GoMechanic scam appears to contain in equal measure sordid details as well as … WebGoMechanic is India’s largest network of 1000+ car service centers across Bangalore, Mumbai, Pune, Hyderabad, Delhi NCR, Chennai, Jaipur, Ahmedabad & Chandigarh & … paramount realty wichita falls texas https://safeproinsurance.net

150+ Best Car Garages in Bangalore - GoMechanic

WebJan 19, 2024 · The company’s filings with the Ministry of Corporate Affairs (MCA) show that GoMechanic had an operating revenue of Rs 90.5 crore or about $11.2 million for FY22 … WebJul 25, 2024 · The unravelling of GoMechanic after SoftBank-Khazanah funding collapsed; Oyo to refile IPO papers ... The company's revenues stood at Rs 714 crore at the end of FY20 and it reported flat revenue at Rs 187 crore in Q1 this fiscal. It reported an operating margin of 25.7%. 03 Sep, 2024, 03:43 PM IST. WebJan 18, 2024 · EY’s research alleged that about 60 of the more than 1,000 GoMechanic service centers may have violated accounting norms to overstate revenue and divert … paramount recovery center ma

Sequoia-backed GoMechanic cuts 70% jobs amid

Category:Sequoia-Backed GoMechanic Inflated Revenue, to Fire 70% Staff

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Gomechanic revenue

New Car PDI (Pre Consignment Inspection) Press Checklist

WebJan 18, 2024 · We are deeply distressed by the fact that the founders knowingly misstated facts, including but not limited to inflation of revenue, which the founders have … Web68 Likes, 14 Comments - buildd.co (@_buildd) on Instagram: "In 2016, 4 IIMA grads decided to enter the car services business. In just a couple of years, the..."

Gomechanic revenue

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WebView GoMechanic (www.gomechanic.in) location in Tamil Nadu, India , revenue, industry and description. ... GoMechanic's revenue is $20.5 Million What is GoMechanic's SIC … WebAuthor GoMechanic Clone, Uber for Car Repair, Uber for Mechanics. “When your vehicle is in trouble, seek the help of a technician”. This motto is the reason for the success of GoMechanic, an Indian car repair service app. Currently, it operates across 35 cities and owns 600 garages and workshops. The automobile services startup also raised ...

WebMar 20, 2024 · New Delhi: Automobile repair and service solution startup, GoMechanic has raised Rs 105 cr ($ 14.7 mn) in a Series-B funding round, led by Chiratae Ventures and Sequoia Capital. The funding was ... WebJun 7, 2024 · Exclusive. Multi-brand car workshop and spare parts platform GoMechanic has raised $35 million in its Series C round led by Tiger Global Management. The Gurugram-based company was in talks with a couple of blue-chip investors, including the New York-based hedge fund, to score a big round. GoMechanic’s board has approved …

WebApr 10, 2024 · According to a Bloomberg report citing EY's findings, about 60 of the over 1,000 GoMechanic service centers may have violated accounting laws to fudge revenue and divert funds. WebJan 19, 2024 · Internal financial controls apply to companies after they hit ₹ 50 crore in revenue, ... Sequoia Capital owns 26.89% of GoMechanic’s holding entity, followed by …

WebGoMechanic is a network of multi-brand Car Service centres spread across multiple locations in Ludhiana. We offer the best car services at the most affordable prices. Not only you get a wide selection of Car Services to choose from, but you also save up to 40% on Car Service compared to what is charged at other service centres.

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 … paramount recovery houston txWebJan 19, 2024 · In June 2024, GoMechanic raised $42 million as part of its Series C round, led by Tiger Global. Before this funding, GoMechanic raised $14.7 million in a Series B … paramount recovery servicesWebMar 15, 2024 · GoMechanic would be valued over $200 million in the Series C round,” said another person who also wished not to be named as talks are private. Caveat: the terms of the deal may change and it may not materialize. Entrackr ’s queries sent to GoMechanic and Sequoia didn’t elicit any immediate response. We will update the story in case they do. paramount recovery phone numberWebJan 19, 2024 · Top investors in India-based GoMechanic, a troubled car-servicing firm, said the startup had given them false financial information, which included inflated revenue numbers. In a statement given ... paramount recovery services incWebJan 18, 2024 · GoMechanic has raised $55 million, and was valued at a little over $300 million in its last round of funding. It employs over 1,000 people. Its investors include Sequoia , Orios Venture Partners ... paramount recovery service houston txWebJan 19, 2024 · GoMechanic has raised $55 million, and was valued at a little over $300 million in its last round of funding. It employs over 1,000 people. Its investors include … paramount recovery services locationsWebJan 18, 2024 · Meanwhile, Bloomberg reported that EY's research suggested that 60 of the more than 1,000 GoMechanic service centres may have violated accounting standards to overstate revenue and divert funds. paramount recovery services ca