Bangalore-based on-demand two-wheeler servicing startup DrivoJoy has raised an undisclosed amount of investment from Indian Angel Network (IAN) and a clutch of others, a person privy to the development. Group of other investors also participated in the round including Tracxn Labs, Shailesh Rao (Twitter), Bhavani Rana (Amadeus Capital) Deepak Gupta, (Equity Crest) and Kunal Shah (Freecharge).


knowstartup_drivojoy

The startup was founded in June 2015 by Aman Singhal, an IIT Bombay alumnus who has earlier worked with Olacabs; Vishwanath Kollapudi, who has previously worked with Olacabs and Tata Consultancy Services; and Ravindra Akella who has earlier worked with Microsoft.

The DrivoJoy platform allows users to book bike repair and maintenance services at a place and time of their choice. The startup had earlier raised an undisclosed amount of seed funding from friends and family.

In the same space, in December 2015, Bangalore-based Bumper, a mobile marketplace and booking platform for car servicing, secured $500,000 (Rs 3.3 crore) in seed funding from venture capital firm SAIF Partners. In July 2015, Bangalore-based automotive services marketplace Cartisan raised an undisclosed amount in seed funding from Global Founders Capital, Yuvraj Singh’s YouWeCan Ventures, TaxiForSure founder Aprameya Radhakrishna and others.

Source

About Author

Ankur Chandra

A software engineer by education, Ankur is go-getter, who leaves no stones unturned to find a solution to a problem. He is passionate about technology and automobiles. And, is a big foodie at heart. Watching cartoons is his favourite off-field indulgence. At KnowStartup, he is an integral part of the editorial team.

Leave A Reply