We are excited to work with the GoMechanic team addressing this huge gap in a technology first manner. "Commenting on the company's investment in GoMechanic, Sequoia Capital India LLP Vice President Abhishek Mohan said, "In the 12 months since Sequoia India led the Series A, the company has scaled many times on the back of its asset light network of workshops and most importantly built true customer love. Given the massive market potential of $5 billion plus, we are excited to see what comes next. "Earlier this year, GoMechanic had raised Rs 35 crore in a series-A round led by Sequoia Capital and Orios Venture Partners. In 2017, it had raised close to Rs 7 crore from Orios Venture Partners and Kunal Bahl and Rohit Bansal.

Source: Economic Times December 30, 2019 10:18 UTC