goMechanic
TMT
GoMechanic says secures $6 mn in first capital raise after acquisition
Automobile car service and repair company GoMechanic, which was recently acquired by a subsidiary of the Lifelong Group after its ......
Finance
Strengthening audit after GoMechanic fraud, planning quicker exits: Orios' Anup Jain
Early-stage venture capital firm Orios Venture Partners has set up an audit function at the fund level to strengthen systems ......
TMT
Deals Digest: Startup funding value halves this week; M&A picks up pace
The total value of private equity and venture capital deals in India almost halved this week from the previous five-day ......
TMT
LifeLong-led consortium acquires GoMechanic in slump sale
A consortium led by auto component maker Lifelong India Pvt. Ltd has bought beleaguered car care platform GoMechanic in a ......
General
Grapevine: ATC, I Squared plan stake sales; Axis Bank hires Credit Suisse exec
American Tower Corp (ATC) is looking to sell a stake in its India operations to one or more private investors, ......
Finance
GoMechanic auditors had raised red flags
Auditors of car service platform GoMechanic, whose founders confessed to errors in financial reporting, had previously identified non-compliance with accounting ......
Finance
Orios writes down GoMechanic investment
Venture capital firm Orios Venture Partners, which owns about 17.1% of troubled car servicing startup GoMechanic, in an internal mail ......
General
GoMechanic admits to irregularities, investors seek audit
Investors of GoMechanic have ordered a forensic audit of the accounts of the car servicing startup by EY to examine ......
Consumer
GoMechanic launches partner stock option plan (PSOPs)
Online auto-focused after-sales and spare parts startup, GoMechanic has launched a Rs 30 crore partner stock option plan (Psop) to ......
Consumer
1K Kirana raises $25 mn from Alpha Wave Ventures, others
Odicea Distribution Technologies Pvt. Ltd, which runs the offline to online neighborhood store network 1K Kirana, on Monday said it ......
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