WebMar 29, 2024 · The acquisition caps an embarrassing episode in the Indian startup community after it became apparent that GoMechanic founders had misstated facts, inflated revenue figures, kept investors in the ... WebJan 18, 2024 · We are deeply distressed by the fact that the founders knowingly misstated facts, including but not limited to inflation of revenue, which the founders have …
GoMechanic admits to irregularities, investors seek audit
WebJan 18, 2024 · We are deeply distressed by the fact that the founders knowingly misstated facts, including but not limited to inflation of revenue, which the founders have acknowledged." GoMechanic had last raised $42 million in a Series C funding round led by Tiger Global in June 2024. According to market research firm Venture Intelligence, … WebJan 19, 2024 · Top investors in India-based GoMechanic, a troubled car-servicing firm, said the startup had given them false financial information, which included inflated revenue numbers. In a statement given ... hematologic cr
The Upside down : GoMechanic
WebMay 30, 2024 · Pre-Delivery Inspection exists one thing you shouldn't ignore when store a new motorcar. Know totality about PDI the this in-depth article. Read moreover. WebJul 25, 2024 · The unravelling of GoMechanic after SoftBank-Khazanah funding collapsed; Oyo to refile IPO papers ... The company's revenues stood at Rs 714 crore at the end of FY20 and it reported flat revenue at Rs 187 crore in Q1 this fiscal. It reported an operating margin of 25.7%. 03 Sep, 2024, 03:43 PM IST. WebFunding, Valuation & Revenue. GoMechanic's latest funding round was a Acquired for on March 12, 2024. GoMechanic's valuation in June 2024 was $285M. GoMechanic's latest post-money valuation is from March 2024. Sign up for a free trial to see GoMechanic's valuations in March 2024, December 2024 and more. Valuations are submitted by … hematologic cancer signs