WebJan 18, 2024 · GoMechanic, the Sequoia India-backed auto services startup, lays off 70% employees amid financial misreporting Up next Enterprise AI upstart Mad Street Den raises $30Mn led by Avatar Growth Capital WebJan 19, 2024 · Bhasin also confirmed that the firm will sack 70% of its employees as its investors including the likes of Sequoia, Tiger Global, Chiratae Ventures, have initiated a financial audit of the firm. Also in this …
GoMechanic - Products, Competitors, Financials, Employees, …
WebJan 19, 2024 · GoMechanic has raised $55 million, and was valued at a little over $300 million in its last round of funding. It employs over 1,000 people. Its investors include Sequoia, Orios Venture Partners ... WebView Avni Tiwari's business profile as Operation Executive at GoMechanic. Find contact's direct phone number, email address, work history, and more. inspirational quotes with scripture
Strengthening audit after GoMechanic fraud, planning quicker …
WebJan 19, 2024 · Founded in 2016 by Kushal Karwa, Amit Bhasin, Rishabh Karwa and Nitin Rana, GoMechanic is a network of technology-enabled car service centres. These … WebMar 29, 2024 · According to sources, GoMechanic had a debt of around $20 million (about Rs 150-160 crore). The startup’s equity investors had written off the debt following the admission of financial misreporting by the company, but Stride Ventures – GoMechanic’s venture debt investor – has been looking for a potential buyer over the last two months. WebNov 1, 2024 · GoMechanic had raised $42 million in a new round led by Tiger in June and the New York-based investor has just picked up 34 employee stock options ... While the company is yet to file an annual financial statement for FY21, its operating revenue jumped to Rs 24.04 crore in FY20 from Rs 17.33 crore in the previous fiscal (FY19). ... inspirational quotes with sunflowers