The sale was led by GoMechanic's venture debt investor Stride Ventures. "This transaction will assist in preserving the ecosystem at large ...

Tata Digital's much-hyped superapp Neu has had a slow start in its first year of launch. Sources told us that the platform contributed less...

The NCLAT bench has directed Google to carry out the competition regulator’s directions and deposit the fine within 30 days. The penalty of...

Last week, the National Company Law Tribunal (NCLT) issued a notice to Sequoia-backed beleaguered automobile after-sales service startup ov...

While it isn’t unusual for new ventures to approach investors to raise capital at an early stage, March 2022-founded Morsebiz’s journey wea...

As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a ne...

Sequoia Capital India will also be more selective when taking board seats at companies and, in some cases, might replace junior members fro...

Pricewaterhouse audited financial statements of GoMechanic only for the 2020 fiscal year, following which it was replaced by BSR & Co, an a...

GoMechanic will initiate financial audit, lay off 70% staff: cofounder Amit Bhasin in a LinkedIn post.

GoMechanic layoffs will affect about "70% of the workforce", said cofounder Amit Bhasin in a LinkedIn post

With SoftBank and Malaysia’s Khazanah pulling the plug on GoMechanic funding round after EY flagged issues like inflated revenues, fictitio...

Amit Bhasin tried to present his side of the story in a lengthy post.

Vision Fund's early-stage talks with GoMechanic are being held around a valuation of $600-700 million, with Malaysian sovereign fund Khazan...

GoMechanic has become the second startup to include service partners in its stock option plans after Urban Company said it would do so in M...

The Series C funding round also saw participation from existing investors Sequoia Capital India, Orios Venture Partners and Chiratae Ventur...

The latest funding would be used by the company to strengthen its technology stack, fuel geographical expansion, streamline spare parts pro...

The investment will be used to support expansion into 10 more cities by the end of 2020 in its EV thrust, brand promotion and in streamlini...