Smart Garage Raises ₹2.4 Crore in Pre-Series A; Targets ₹15 Crore to Scale AI-Led Auto-Service Platform
- ByStartupStory | April 11, 2026
New Delhi, India | April 2026 — Smart Garage, an AI-driven auto-service marketplace, has raised ₹2.4 crore in a Pre-Series A funding round as part of its broader plan to secure ₹15 crore in total capital. The company aims to raise the remaining ₹12.6 crore over the next 12–18 months to accelerate expansion and achieve a ₹80 crore revenue run-rate by FY27 end.
Founded with the vision to digitize India’s highly fragmented automotive aftermarket, Smart Garage has built a network of over 500 partner garages across Tier-1 and Tier-2 cities. Operating on a B2B2C model, the platform connects workshops, fleet operators, insurance companies, and vehicle owners through a unified, tech-enabled ecosystem.
From Single Garage to a Scalable Platform
Smart Garage began its journey as a single multi-brand service outlet under its parent company, Ratnashil Online Services Private Limited. Over the past 5–6 years, it has evolved into a full-stack, technology-led platform focused on transforming automotive servicing through digital innovation.
The broader ecosystem includes Pikpart, its e-commerce platform for spare parts supply, and Claim Champion, a solution designed to streamline insurance claim processes. Together, these verticals enable Smart Garage to offer an integrated, end-to-end solution across the automotive service value chain.
The company is focused on addressing inefficiencies in diagnostics, repair workflows, and inventory management using AI and deep-tech capabilities. Its platform enables standardized diagnostics and AI-based repair recommendations, leading to faster turnaround times, higher first-time fix rates, and improved customer trust.
Smart Garage operates on a PAT-positive model, supported by strong unit economics and efficient operational processes.
Tapping into a $20B+ Market Opportunity
India’s automotive aftermarket is currently valued between $11–14 billion and is projected to grow to $20–25+ billion over the next decade. This growth is being driven by increasing vehicle ownership, expansion of the used-car market, and rising demand for reliable, organized, and technology-enabled service solutions.
Smart Garage aims to capitalize on this opportunity by bringing structure, standardization, and transparency to a traditionally unorganized sector through its AI-powered and SaaS-based platform. The company has set a long-term goal of expanding its network to 10,000+ workshops by 2030, further strengthening its national footprint.
Utilization of Funds
The ₹2.4 crore raised will be strategically deployed across key areas to support growth and innovation:
Enhancing AI and deep-learning capabilities, particularly in vehicle diagnostics, damage assessment, and predictive maintenance
Expanding and standardizing its 500+ garage network through structured onboarding and training programs
Strengthening digital workflows and improving operational efficiency across partner workshops
Scaling integrations with OEMs, insurance companies, and fleet operators
The remaining ₹12.6 crore will be raised in phased tranches to support continued expansion, product development, and deeper market penetration.
Revenue Model and Growth Strategy
Smart Garage operates on a hybrid revenue model currently driven by franchise operations and spare parts supply through Pikpart, with a strong roadmap to introduce commission-based and SaaS subscription models in the near future.
Garages onboarded onto the platform gain access to AI-powered tools, including diagnostics support, repair recommendations, inventory optimization, job-card automation, and analytics dashboards. These solutions are designed to improve operational efficiency and service quality while enabling workshops to scale their business.
Over time, the company plans to monetize these offerings through recurring SaaS subscriptions, alongside transaction-based income streams. This model ensures predictable revenue while maintaining scalability—key to achieving its ₹50 crore revenue target by FY27.
Founder’s Statement
“This ₹2.4 crore Pre-Series A round marks the start of our broader ₹15 crore fundraising journey,” said the Founder & CEO of Smart Garage.
“While the industry often focuses on hardware fixes, we believe real impact comes from solving deeper operational inefficiencies through AI and technology. Our goal is to build a transparent, trusted, and fully digital automotive aftermarket ecosystem in India—one that empowers workshops and delivers a seamless experience to customers.”
About PikPart Smart Garage
You can also access more details about PikPart Smart Garage through its official website and social media platforms, including Instagram, Facebook, LinkedIn, and YouTube. The company is led by a dynamic founding team comprising Pawan Singh Raghuvanshi —Founder & CEO, Ratan Singh —Chief Operating Officer (COO), and Deepak Baranwal —Chief Technology Officer (CTO), who are driving the brand’s vision and growth in the smart automotive solutions space.
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