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Home Auto Accessories

CleanseCar Raises Funding of about $ 2 Mn from Haldiram’s Family Office

Jesse French by Jesse French
July 31, 2024
in Auto Accessories
0

One of the pioneers in disrupting the day-to-day car cleaning and restoration services section has been the most sought-after services issuer in Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Delhi, and Gurgaon. Having effectively catered to the wishes of automobile proprietors with 20,000+ Monthly subscribers, CleanseCar Raised its Pre-Series A funding of US$ 2 million to expand the portfolio of services in all the Metro cities in India and create a couple of sales lines in the automobile services enterprise it’s employing adopting excessive-level technological knowledge. The listing of investors who funded this collection encompasses,

Haldi ram’s Family Office (Vivek Ventures Investments Pvt Ltd)
Dr. Apoorv Ranjan Sharma (Founder of Venture Catalysts),
Diane Das (Alfa Ventures),
Karan Kumar (Founder, Amalthea Capital),
Rahul Bothra (CFO Swiggy),
Mitesh Shah (Ex CFO of Ola, CFO of BookMyShow, Co-founder of IP Ventures),
Lalit Agarwal (Head of Venture Capital at a Sovereign Wealth Fund),
Bobby Reddy (Indus Ventures)
Sagar Agarwal (ex-MD, Evolvence India Fund)
Nandi Vardhan Mehta (Head of Finance, KAAF Family Investments Office)

Article Summary show
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Below are a few capabilities of the CleanseCar app that made it popular in the customer base:
About Automobile Industry

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By Leveraging this enormous Customer information from Car and Bike Wash, CleanseCar has also introduced On-Demand Bike Services (Currently doing 500+ on-demand motorcycle providers in step with a month of all manufacturers) and Road Side Assistance for Cars. However, the 100B$ vehicle service industry is untapped with much less technology intervention. CleanseCar would like to bridge this hole using its area, technology, and large capacity for subsidiary offerings. CleanseCar currently has a new car wash patron every 9 minutes.

Below are a few capabilities of the CleanseCar app that made it popular in the customer base:

Real-time car wash reputation
One-click on renewal
Hassel unfastened online payment and an easy rescheduling system.

Founded in January 2018 by Kalyandhar Vinukonda and Pratibha Shalini, a cleanser that offers daily car wash, on-demand bike provider, and road aspect assistance for cars.

Jalandhar Vinukonda, Founeof r, CleanseCar Washing and Repair Services Pvt. Ltd., said, “With converting existence, burgeoning middle-elegance and dramatic rise in vehicle proprietors within the country, there is a massive ability for supplementary offerings, consisting of automobile cleansing and restore using disruptive technologies, except presenting auto add-ons.” He said, “We are witnessing a big increase in our motorcycle offerings unit, and we spot ourselves because of the marketplace chief in this area.”

CleanseCar’s goal is to wash 100,000 motors daily and provide 25,000 on-demand bike services monthly throughout India’s metropolises.

About Automobile Industry

As in step with IBEF’s latest record, the Indian car industry is the 4th biggest inside the international. Between the years 2013-19, home automobile income improved to 6.Seventy-one CAGR, with 26.27 million motors getting offered in FY 2019. Domestic car production increased at CAGR 6.96% between 2013-19 with 30. I manufactured ninety-two million vehicles in the United States of America in FY 2019. As the home automobile marketplace grows, so does the car servicing marketplace, which is anticipated to grow by over sixty-five % and could attain 34,000 crores by 2020. India’s motorcycle market is the most important globally, even in advance of China, offering massive growth potential for the bike offerings marketplace here.

Jesse French

Jesse French

Thinker. Travel fan. Bacon fanatic. Lifelong music buff. Evil food aficionado. Twitter evangelist.Spent the 80's lecturing about Slinkies in the UK. Spent several months implementing lint in Mexico. Had moderate success short selling human brains in Bethesda, MD. Spent 2002-2007 donating sausage in the financial sector. Spent 2001-2006 analyzing Easter candy in Las Vegas, NV. Have some experience working with plush toys in Hanford, CA.

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