Mobility Solution Provider Automovill Raises Rs 2.15 Cr In Pre-Series A Funding

Automovill Funding
Indian Startup News

Automovill, a Bengaluru-based mobility solution provider, has raised Rs 2.15 crore as a part of its pre-Series A funding round led by angel network Inflection Point Ventures.

As per the startup, the freshly raised funds will be used to expand its marketing and strategically channel and smoothen operations.

Automovill | One-stop Solution For Car Service

Founded by Mridu Mahendra Das, Ramana Sambu and Chinmay Baruah in 2015, Automovill is a unified platform that connects vehicle owners with all kinds of automobile service providers under one roof.

The startup helps users book the service they want and handles the request with the nearest or most apt service provider in a hassle-free and efficient manner.

Speaking about the development, Mridu Mahendra Das, Co-Founder and CEO of Automovill, said,

“The team has quickly picked up our business model and presented a very comprehensive analysis and data collection for Automovill. It reflected the perfect impression of Automovill. Everything was done in no time and hence the overwhelming response from the investors in IPV.”

Automovill Co-founders
Co-founders of Automovill

Present in 20 Indian cities, Automovill is catering to retail customers and pan-India clients from used car sellers, ride-hailing, and auto insurance companies through its network of over 200 workshops.

The platform caters to both business-to-business and business-to-consumer customers across the automotive after-sales ecosystem. As per the startup, it has enhanced its technology offerings to strengthen and organize the auto after-service and maintenance industry.

Commenting on the development, Mitesh Shah, Co-founder of Inflection Point Ventures, said,

“Automovill is tapping into this market which is highly expensive on one end and totally unorganized on the other. Our interest in the company comes from the fact that it is a hugely untapped market with only a few organized players, and we are confident that with the disruptive and tech-enabled strategy of Automovill, we will see them growing faster than its peers at pan India level.”

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