Tuesday, July 16, 2024

GoMechanic achieves operational profit in April-June; FY24 revenue hits Rs 210 crore

GoMechanic, acquired by Servizzy in March 2023, achieved profitability by June 2024. Led by Himanshu Arora and Muskan Kakkar, it reported Rs 210 crore annual revenue and Rs 11.2 crore from accessories. The company introduced luxury, EV, and extended warranty programs and aims to expand to 1,000 cities by 2027, currently servicing 30,000 cars monthly.

from Tech-Economic Times
via IFTTT

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