GoMechanic gets funding from Pawan Munjal

Date posted: Friday 3 July 2020

Car servicing startup GoMechanic on Thursday said it has secured investment from Hero MotoCorp Chairman Pawan Munjal. The investment made by Munjal in his personal capacity comes in addition to the Series B round of institutional funding received by the company, GoMechanic said in a statement. The latest funding would be used by the company to strengthen its technology stack, fuel geographical expansion, streamline spare parts procurement and amplify brand promotion, it added.

(Economic Times)