Bangalore-based online bike service and repairs platform, gear6.in, has raised $500K in a seed round funding from Ninestarter, an early-stage seed investment company.
Founded in 2016 by Rakesh Vaddadi, Srikanth Nelakuditi, Kumud Kumar and Harrsha Chaittanya, gear6 is an online motorcycle repair and maintenance service that helps in easing the bike maintenance troubles.
Gear6.in aims to simplify end-to-end bike maintenance and bring the entire sector online and help consumers save effort and make bike maintenance more economical and viable. It also wants to help customers make more informed decisions and have more control over the whole cycle. Covering a range of services, from regular servicing to more complex bike breakdowns, gear6.in claims to be well-equipped to handle a plethora of problems.
Rakesh Vaddadi, CEO at gear6, said,
“The motorcycle maintenance landscape in the country is largely fragmented and un-organised, with a large disparity in rates, service quality & customer experience across garages and service centres. It’s to address this problem that we founded gear6.in”.
The startup provides services in almost all localities in Bengaluru, and currently has tie-ups with more than 100 authorised and multi-branded service centres.
Gear6.in currently only charges end customers for transport and towing fees to sustain operations. In the future, they aim to monetise through multiple channels once the market is more mature on both the supply and demand side. In the long term, Gear6.in aims to expand to more cities and enter other verticals too like the four-wheeler servicing sector and also provide services for cycle owners. Rakesh added.
This recent round of funding will be used in marketing, expanding the customer base and bringing on board more service centers to increase reach in Bangalore.