Automovill, an India-based full-stack mobility startup, raised an undisclosed amount from Angel Bay on 18 October 2021.

Investors: The round saw participation from Santosh Chandra, CEO at Essar Oil & Gas Exploration and Production, and executives from Google and PWC.

The Objectives behind the funding: The company plans to deploy the current proceeds to widen its wings in 20 plus cities and ramp up infrastructure.

About Automovill

Source: Company’s LinkedIn profile

Founded in 2015 by Chinmay Baruah, Mridu Mahendra Das and Ramana Sambu, Automovill is a unique platform to aggregate automobile service providers, where it connects vehicle owners with all kinds of automobile service providers under one roof. Its unified platform helps users book for the service they want, and Automovill handles the request with the nearest or most apt service provider in a hassle-free and efficient manner. Apart from car service, users can also search anything related to their vehicular needs like puncture, Bike Service, Seat Covers, Car Accessories, Towing Service, Car Wash etc. With its technology-driven & 360 degrees approach, Automovill enables the best experience by bringing transparency, building trust, and mitigating information asymmetry. Currently, Automovill is present in Bangalore, Hyderabad, Delhi-NCR, Pune, Guwahati and Kolkata.

What the Founder has to say:

“The growth in the auto service sector has been overwhelming. People are avoiding shared mobility which has given a boost to private vehicles and associated services. We are already spread across 12 cities, getting a good response, which has motivated us to penetrate deeper into the market. With the support of the right investors, we are able to raise consecutive rounds and catalyse our growth rate,”  said Mridu Mahendra Das, Founder, Automovill. 

What the Investors have to say:

“Automovill has been expanding at a great pace, clocking impressive numbers. With technology disrupting the auto service sector, there is a huge scope that still needs to be leveraged. Investing in one of the fastest-growing mobility startups reinstates the wider horizons that are yet to be explored," said Sorabh Agarwal, co-founder of AngelBay.
Santosh Chandra, CEO at Essar Oil &Gas Exploration and Production said, “The mobility industry has been a delight for investors all across the world. In India, this was one of the unorganised sectors, which explains the potential in holds. Automovill, with its refined business model, right technology intervention and focussed approach, will be able to reap it to the best."

For more extensive analysis and Market Intelligence reports feel free to approach us or visit our website: Venture Capital Market Intelligence Reports | VCBay.

We try our best to fact check and bring the best, well-researched and non-plagiarized content to you. Please let us know

-if there are any discrepancies in any of our published stories,

-how we can improve,

-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback and thank you for stopping by!

Next Article

Previous articleUS-based startup SaaS Labs raises USD 17 million in Series A round
Next articleUS-based startup Deel secures US$ 425M in Series D funding
Manish writes about the startup ecosystem on VCBay. He is pursuing Master of Commerce from Delhi School of Economics, University of Delhi, and is passionate about the world of finance, information technology & entrepreneurship.



Please enter your comment!
Please enter your name here