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Gomechanic revenue

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 https://zohhi.com

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

How GoMechanic went from $125 million valuation to a fire sale …

Category:GoMechanic fraud: How chasing growth at all costs

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Gomechanic revenue

GoMechanic: The Perils of Growing By All Means Entrepreneur

WebMar 28, 2024 · GoMechanic provides an online car servicing platform intended to help people to schedule their car servicing online in a desired time. Search Crunchbase. Start Free Trial . ... cnbctv18.com — GoMechanic co-founder Amit Bhasin apologises for revenue fudging and 70% staff cut . 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 …

Gomechanic revenue

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WebJan 18, 2024 · EY’s research alleged that about 60 of the more than 1,000 GoMechanic service centers may have violated accounting norms to overstate revenue and divert … WebJan 18, 2024 · Meanwhile, Bloomberg reported that EY's research suggested that 60 of the more than 1,000 GoMechanic service centres may have violated accounting standards to overstate revenue and divert funds.

WebApr 10, 2024 · According to a Bloomberg report citing EY's findings, about 60 of the over 1,000 GoMechanic service centers may have violated accounting laws to fudge revenue and divert funds. WebMar 20, 2024 · New Delhi: Automobile repair and service solution startup, GoMechanic has raised Rs 105 cr ($ 14.7 mn) in a Series-B funding round, led by Chiratae Ventures and Sequoia Capital. The funding was ...

WebGoMechanic is a network of multi-brand Car Service centres spread across multiple locations in Ludhiana. We offer the best car services at the most affordable prices. Not only you get a wide selection of Car Services to choose from, but you also save up to 40% on Car Service compared to what is charged at other service centres. WebView GoMechanic (www.gomechanic.in) location in Tamil Nadu, India , revenue, industry and description. ... GoMechanic's revenue is $20.5 Million What is GoMechanic's SIC …

WebJan 21, 2024 · Bloomberg’s report revealed that EY’s research alleged that about 60 of the more than 1,000 GoMechanic service centers may have violated accounting norms to overstate revenue and divert funds ...

WebJan 18, 2024 · GoMechanic layoffs will affect about "70% of the workforce", said cofounder Amit Bhasin in a LinkedIn post. Benchmarks . Nifty 42.1. Precious Metal . Gold (MCX) ... including but not limited to inflation of revenue, which the founders have acknowledged," said a statement by its major investors -- Sequoia Capital, Tiger Global, Chiratae … hematologic deathWebAuthor GoMechanic Clone, Uber for Car Repair, Uber for Mechanics. “When your vehicle is in trouble, seek the help of a technician”. This motto is the reason for the success of GoMechanic, an Indian car repair service app. Currently, it operates across 35 cities and owns 600 garages and workshops. The automobile services startup also raised ... hematologic correlationWebGoMechanic’s Profile, Revenue and Employees. GoMechanic is an India-based online vehicle maintenance platform that allows users to book automobile repair and cleaning … hematologic changes with lithium