BookMyTime acquires automobile startup Servicemykar

Car purchase and servicing platform BookMyTime has acquired car management startup Service Year. “With this acquisition, we are ready to expand our operations in terms of service and geography,” said Raghuram Kote, founder of BookMyTime. The BookMyTime app provides users 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 sector, the online classifieds firm Quikr acquired Step, a platform that connects vehicle owners with service providers nearest to them, in September of this year. Before that, Girnar Software Pvt Ltd, which owns CarDekho.com, Gaadi.com, and Zigwheels.com, had acquired roadside assistance (RSA) provider Help On Wheels Pvt Ltd in an all-cash deal in April this year. The automobile marketplace and repair segment has recently seen a lot of investor interest. Read more on Investments.

The growth of IT and other industries in India has greatly improved the standard of living of Indian citizens. Many people have now purchased cars or bikes (which have led to huge traffic snarls in all the cities in India) and can commute with ease. With a greater number of vehicles comes a greater need to service them. The BookMyTime app has made life easy for people by allowing them to make price comparisons of vehicles before purchasing, thereby ensuring cheap and efficient cars.

It is also easy for people to find a good car servicing agent to repair and clean their car regularly. Maintenance of vehicles is essential to optimize their performance and make them appear clean and neat. People stuck on roads due to car – punctures or engine breakdowns can also help easily through BookMyTime’s mobile app. This startup is a useful and visionary one. The government of India should promote more startups like these and read more about them on Startup News.

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