VMotive an automobile spares logo of Vogo has be got through Fixcraft, a automobile restore and repair startup at the side of the emblem’s trademark. The workforce of V-Reason will sign up for with Fixcraft as a part of the deal. Fixcraft targets to increase its presence within the home aftersales automobile marketplace with this acquisition. These days, Fixcraft, which was once shaped in 2018, operates in Delhi NCR and Bengaluru and plans to increase to ten metro towns in twelve months. The corporate imaginative and prescient is to be an entire participant within the Indian automobile restore and repair business that provides end-to-end resolution. Via obtaining V-Reason Fixcraft would be capable to be offering fine quality and authentic spares to the sellers and workshops and can make certain simple availability as in line with the designed specification.
Fixcraft Founder & CEO Vivek Sharma mentioned “VMotive in Fixcraft’s portfolio of choices makes our play within the post-sales automobile restore and repair phase deeper throughout all the price chain. We proceed to paintings against elevating the criteria of put up gross sales automobile restore and repair through running for all stakeholders within the business.”
Vivek Sharma Fo, nder & CEO, Fixcraft says they’re running against elevating the criteria of put up gross sales automobile restore and repair through running for all stakeholders within the business
Fixcraft had raised a complete of $2.5 million (just about Rs. 20 crore) until date with micro-VCs and marquee angel buyers together with Just right Capital, Bharat Founders’ fund, Maninder Gulati (Oyo), Rishab Malik (Droom, Jungle Ventures), Ashish Goel (City Ladder) and extra because it began operations in 2018.
Fixcraft says that India is the third-largest auto marketplace on the planet, estimate at $ 24 billion (round Rs. 1,87,885 crore) alternatively, majority of the restore and repair section post-sales are managed through accepted provider centres within the arranged sector. Right here Fixcraft targets to fill this hole between unorganized and arranged sector because the neighbourhood garages play an enormous function available in the market, Fixcraft additionally guarantees believe for the car house owners and guarantees provider high quality.