One-Stop Car Service And Repair Startup Fixcraft Acquires Vmotive

Tech-enabled a single-prevent auto service and maintenance Fixcraft startup on Wednesday in a statement explained it experienced acquired ‘VMotive’, an automotive spares brand name of Vogo, and its trademark. VMotive’s staff will also be a part of Fixcraft as portion of the offer.

“With this acquisition, Fixcraft will be capable to strategically deepen its engage in in the Indian write-up-income automotive industry, the 3rd largest in the globe at $24 billion,” it claimed.

The enterprise explained that with ‘VMotive’ in its portfolio, it would “enable availability of authentic and substantial high quality spares out there to sellers and workshops alike VMotive spares are created up to the technical specs of primary automotive models and so, guarantee genuinity”.

Vivek Sharma, Founder & CEO of Fixcraft, explained, “VMotive in Fixcraft’s portfolio of offerings tends to make our play in the put up-income motor vehicle repair and company segment further across the full worth chain. We carry on to operate in direction of raising the requirements of write-up product sales car or truck repair and company by working for all stakeholders in the field.”

Fixcraft has elevated a whole of $2.5 million, so much with a set of micro VCs and marquee angel traders which includes Superior Cash, Bharat Founders’ fund, Maninder Gulati (Oyo), Rishab Malik (Droom, Jungle Ventures), Ashish Goel (UrbanLadder) and much more given that it began functions in 2018, the assertion said.

Fixcraft operates in Bengaluru and NCR and it strategies to expand to 10 metros in the up coming 12 months.

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