GoBumpr raises 600k USD fund to scale, sustain

Started in October 2015 by IIM grads Karthik Venkateswaran, Nandha Kumar Ravi and Sundar Natesan, GoBumpr leverages mobile technology to standardise and automate the more than 80 per cent unorganised automobile after-sales market ($10bn in annual revenue). 

Currently, GoBumpr claims to be the India’s largest player in the online automobile services aggregation space in terms of number of workshops getting business via the platform and the number of daily service transactions. 

GoBumpr currently active in Bangalore and Chennai, does 7000+ B2C transactions monthly servicing Rs 3 crore in billing value. GoBumpr earns commission on the business generated to it’s partner workshops. 

Led by Vinod Kumar Dasari (MD, Ashok Leyland), other notable investors included Shankar V (Director, Acsys Investments), Ramaraj R (Founding Member, Elevar Advisors), Priyamvada Balaji (Wholetime Director, Lucas Indian Service) from TCA. 

Ramesh Mangaleswaran (Sr Partner, McKinsey) and Gopal Mahadevan (CFO, ALL) have also invested in the company as part of this round. Earlier, GoBumpr raised $420K in Jan 2017 in their first round of investment.