According to a press statement, the car purchase and servicing platform BookMyTime has acquired and hired car management startup Servicemykar. Raghavendra Chandrappa founded Servicemykar. The 10-member team of Servicemykar, as well as CEO Chandrappa, will become a part of BookMyTime. With this acquisition, we are ready to expand our operation in terms of service and geography,” said Raghuram Kote, founder of BookMyTime.
The BookMyTime app provides the user with price comparisons of cars and servicing requirements, such as giving details of puncture shops and round-the-clock towing services. The company, currently in Bangalore, claims to have partnered with more than 182 authorized dealers for servicing and 110 dealers for new cars. In the automobile industry, in September, online classifieds firm Quikr acquired Step, a platform that connects vehicle owners with service providers nearest to them.
Before that, Girnar Software Pvt Ltd, which owns CarDekho.com, Gaadi.com, and Zigwheels.com, acquired roadside assistance (RSA) provider Help Wheels Pvt Ltd in an all-cash deal in April. The automobile marketplace and repair segment has recently seen a lot of investor interest. In September, Deepak Nathani, co-founder of technology consulting firm Cybage Software Pvt. Ltd acquired a 20% stake in automotive services startup Demyto for an undisclosed amount.
In May, Bengaluru-based Let’s Service raised angel funding from QuEST Global chief operating officer Ajay Prabhu and Julia Computing Inc. co-founder Deepak Vinci. The firm provides services for bike and scooter owners at authorized service centers. The same month saw Mumbai-based MotoMojo secure angel funding from the founders of startup enabler VentesAvenues. The firm connects owners of two—and four-wheelers with service stations through its mobile app.
READ ALSO :
- ‘Automatic tools help the welding industry grow.’
- West Bengal: Blogger arrested for criticizing Islam on social media
- Journalists arrested as Ankara steps up crackdown on dissent
- Apple iOS 10.1 update erases health app data from iPhones and iPads; is there a way to restore it?
- This 29-year-old Pakistani blogger is shutting up hate mongers and their war cries online.
