Based out of Chennai, GoBumpr is an after market platform for cars and they recently raised $600,000 in a Pre-Series A funding round primarily led by previous investors. This includes The Chennai Angels, Keiretsu Forum, and individual investors. Those individuals were led by Mr. Vinod Kumar Dasari (MD, Ashok Leyland) with others like ShanKar V (Director, Acsys Investments) Ramaraj R (Founding member, Elevar Advisors), Priyamvada Balaji (Wholetime Director, Lucas Indian Service) among others. Ramech Mangaleswaran, Senior Partner of McKinsey and Gopal Mahadevan, CFO of Ashok Leyland, also invested into the company within the round. GoBumpr also raised another $420,000 early last year during their first round of investment.
Started in Oct 2015 by IIM grads Karthik Venkateswaran, Nandha Kumar Ravi and Sundar Natesan, GoBumpr leverages mobile technology to standardize and automate the ~ 80% unorganized automobile after-sales market ($10 billion in annual revenue). Currently, GoBumpr, is India’s largest player in the online automobile services aggregation space in terms of number of workshops getting business via the platform and the number of daily service transactions. GoBumpr currently active in Bangalore and Chennai, does 7000+ B2C transactions monthly servicing INR 3 Crore in billing value. GoBumpr earns commission on the business generated to it’s partner workshops.
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